BlockBeats News, July 29th. In the afternoon, the A-share storage chip sector saw a sudden surge, with Tongfu Microelectronics, Zhaoyi Innovation, and others narrowing their losses. Toray rose by over 16%, C-Changxin rose by over 6.5%, and Zhengfantechnology rose by over 10%.

In the afternoon, the SZSE Component Index of A-shares rose by over 1%, the ChiNext Index rose by 1.04%, and the Shanghai Composite Index rose by 0.23%. Over 4,000 stocks in the two markets experienced an increase.