All three major A-share indices closed higher, with the Shanghai Composite Index up 1.08%, the Shenzhen Component Index up 1.63%, and the ChiNext Index up 1.87%. AI-generated comic drama concept stocks surged, with multiple stocks hitting the daily limit up, including Mango Excellent Media and Haikan Co., Ltd. Education and brokerage stocks strengthened, with Sinolink Securities hitting the daily limit up and Jingyeda rising more than 7%. Precious metals, coal, and banking sectors were among the top decliners, with Bank of Shanghai falling more than 8% and Chifeng Gold and Shanmei International dropping more than 5%.
