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The three major A-share indexes closed higher in unison, with the Shanghai Composite Index rising 1.51%, the Shenzhen Component Index gaining 2.26%, and the ChiNext Index leading the pack with a 3% increase. On the board, the rare earth, CPO, and gold sectors exhibited robust performance, with Baogang Steel and Cambridge Technology hitting their daily upper limits, Northern Rare Earth surging over 9%, and Hunan Gold climbing more than 5%. Conversely, the electric vehicle, textile and apparel, and daily chemicals sectors were among the top decliners, with Reliable, Huali Group, and Xinri experiencing drops of over 1%. Notably, the combined trading volume of the Shanghai and Shenzhen stock exchanges surpassed RMB 3 trillion, underscoring the market's active trading conditions.
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