The Shanghai Composite Index reaches a new decade high🤑
According to PANews, the Shanghai Composite Index increased by 0.77% during the afternoon session on August 22, surpassing the 3,800-point threshold and reaching its highest level in nearly a decade. The index has risen by nearly 450 points this year, marking a🤑 growth of over 13%. The sectors that contributed most to the gains include AI chips, minor metals, education, computing power, rare earth magnets, and printed circuit boards. In contrast, sectors such as fertilizers, textiles and clothing, mining, banking, and agriculture have seen a decline. Approximately 2,100 stocks advanced,🤑 while 3,100 stocks declined, with a net inflow of major funds of about 1.2 billion yuan.@Huma Finance 🟣
