TechFlow news, on August 22, according to Jinshi Data, the Shanghai Composite Index rose 0.77% in the afternoon session, surpassing the 3,800-point level and hitting its highest level in nearly 10 years. The index has gained nearly 450 points year-to-date, an increase of over 13%. Concepts such as AI chips, minor metals, education, computing power, rare earth permanent magnets, and PCBs led the gains, while fertilizer, textile and apparel, mining, banking, and agriculture sectors pulled back. Approximately 2,100 stocks rose and 3,100 declined citywide, with main capital showing net inflows of about 1.2 billion yuan.
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