政府新闻
中国股市8月底强劲上涨，上证综指创多年新高 2025-08-31
China's A-share market closed August with robust gains across major indices, signaling strong investor confidence. Chinese stocks closed higher last Friday, the last trading day in August, with the benchmark Shanghai Composite Index hitting multi-year highs.
In August, A-share market hotspots centered on computing power and chip sectors, displaying robust momentum.
The Shanghai Composite Index was up 0.37 percent to 3,857.93 points last Friday, gaining 8 percent this month. The Shenzhen Component Index closed 0.99 percent higher at 12,696.15 points, with an over 15 percent monthly gain.
The combined turnover of these two indices stood at 2.8 trillion yuan ($394.2 billion), according to the Xinhua News Agency.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose about 24 percent in August. Other major indices such as the Beijing Stock Exchange 50, rose over 10 percent monthly, while the STAR 50 Index soared 28 percent for the month.
During Friday's trading, shares of lithium battery makers rose sharply, with CATL witnessing its stock price rising over 10 percent. Liquor and financial stocks also posted strong gains, while chip stocks suffered major losses.
According to Eastmoney data, the computing power sector shone, with some stocks hitting record highs in August. The chip sector was equally vibrant, with stock price of China's artificial intelligence (AI) chip provider Cambricon doubling this month, overtaking Kweichow Moutai as the "stock king" - the highest-priced stock in the A-share market.
Although Cambricon's stock price dropped last Friday to 1492.49 yuan, it still surpassed Kweichow Moutai's 1480 yuan.
Cambricon announced on Thursday night that the company's stock price carries a risk of deviating from current fundamentals, and investors participating in trading may face significant risks, after its stock price hit a new high last Thursday. Its Thursday share price surpassed that of Kweichow Moutai at the close for the first time, becoming the new "stock king" of A share.
Last Thursday, the stock of Cambricon surged nearly 16 percent, with its stock price hitting a new high of 1,587.91 yuan per share and its total market value exceeding 660 billion yuan, the Securities Times reported.
Source: Global Times
