1st LD-Writethru: Chinese shares close higher Tuesday-Xinhua

1st LD-Writethru: Chinese shares close higher Tuesday

Source: Xinhua

Editor: huaxia

2025-07-29 15:54:00

BEIJING, July 29 (Xinhua) -- Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 0.33 percent to 3,609.71 points.

The Shenzhen Component Index closed 0.64 percent higher at 11,289.41 points.

The combined turnover of these two indices stood at about 1.8 trillion yuan (about 251.71 billion U.S. dollars), up from 1.74 trillion yuan the previous trading day.

Stocks related to drug development and steel led the gains, while stocks related to pets and pork suffered major losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, increased 1.86 percent to close at 2,406.59 points.