*ST Shida Under Investigation by CSRC for Information Disclosure Violations

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*ST Shida has been placed under investigation by the China Securities Regulatory Commission for suspected illegal information disclosure in its 2023 semi-annual report. This week, all three major A-share indices closed higher, with the Shanghai Composite Index up 2.81 percent, the Shenzhen Component Index up 5.39 percent, and the ChiNext Index up 6.55 percent. In terms of individual stocks, over 3,900 stocks rose this week, with 122 stocks gaining 30 percent or more. The top gainer was Xintian Technology, which surged 97.81 percent. According to the Dragon and Tiger list, institutional seats made net purchases of 77 stocks this week, with Shengyi Technology topping the list with net institutional buying of 1.459 billion yuan. In addition, China Rare Earth disclosed a 46.53 percent year-on-year increase in net profit for the first half of 2026.

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Under investigation by CSRC for suspected illegal information disclosure in 2023 semi-annual report.