File photo shows the exterior view of Shanghai Stock Exchange at Pudong New Area in Shanghai, east China. (Xinhua)
BEIJING, July 9 (Xinhua) -- China's A-share market has seen daily transaction exceed one trillion yuan (about 154.1 billion U.S. dollars) for six consecutive transaction days in July as of July 8, reported Securities Daily on Friday.
Despite the high transaction volume, China's A-share market has seen sharp corrections since this month, with the benchmark Shanghai Composite Index losing about 1.83 percent.
Besides the fluctunations seen in indexes, stocks in different industries have also demonstrated mixed performance. For example, stocks concerning chip and new-energy vehicle industries have shown a strong growth momentum, while it has been hard for stocks of biomedicine to rebound.
Expert noted that with the mixed performance showed by different industries, investment tends to favor newly-emerged blue chip stocks featuring high growth and key competitiviness, such as stocks in high-tech industry, new-energy battery and cyber-security industry.
(Edited by Li Shimeng with Xinhua Silk Road, lishimeng@xinhua.org)
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