Venture(US:VEMLY) Xin Hua Cai Jing·2025-08-18 05:33Market Performance - The three major stock indices in Shanghai and Shenzhen opened higher on August 18, with the ChiNext Index and Shenzhen Component Index breaking through their respective highs from October 8, 2024, reaching nearly two-year highs, while the Shanghai Composite Index surpassed its 2021 high, achieving a nearly ten-year high [1] - By the midday close, the Shanghai Composite Index was at 3740.50 points, up 1.18%, with a trading volume of approximately 708.3 billion; the Shenzhen Component Index was at 11896.38 points, up 2.25%, with a trading volume of approximately 1013.7 billion; the ChiNext Index was at 2626.29 points, up 3.63%, with a trading volume of approximately 519.3 billion [1] Sector Performance - The short drama gaming and newly listed stocks on the Sci-Tech Innovation Board saw significant gains in early trading, while the liquid cooling server sector continued to rise; other sectors such as CPO concepts, software services, Huawei HiSilicon, mixed reality, and consumer electronics also experienced substantial increases during the morning session [1] Economic Indicators - In the first seven months of 2025, Beijing's industrial added value above designated size grew by 6.1% year-on-year, with high-end manufacturing making a notable contribution; the computer, communication, and other electronic equipment manufacturing industry grew by 24.2%, while the automotive manufacturing industry grew by 11.5% [4] - The pharmaceutical manufacturing industry saw a decline of 9.3%, while the five major equipment manufacturing industries grew by 9.5% [4]