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[Introduction] The Shanghai Composite Index rose by 0.94% in the late trading, and the CSI 300 ETF moved again in the late trading! North Korea may resume international travel by the end of 2024!

China Fund News reporter Taylor

Brothers and sisters, today's market has twists and turns. The index rose sharply in the morning, but then the increase continued to fall. Fortunately, it rose again in the late trading!

Let’s review what happened today.

A shares rose

On August 15, the three major A-share indexes opened low and ended high, but then the gains fell significantly. With 30 minutes left before the closing, mysterious funds made another move, and the indexes continued to rise. As of the closing, the Shanghai Composite Index rose 0.94%, the Shenzhen Component Index rose 0.71%, and the ChiNext Index rose 0.53%.

A total of 3,867 stocks rose, 54 stocks hit the daily limit, and 1,276 stocks fell. The trading volume of the Shanghai and Shenzhen stock markets today was 591.5 billion yuan, an increase of 114 billion yuan from the previous trading day.

AI glasses concept stocks continue to explode, Dr. Eyeglasses, Zowee Technology, Skyworth Digital, and Yingtong Communications all hit their daily limit.

Coal sector led gains, Shaanxi Coal Industry, Lu'an Environmental Energy and others ranked among the top in terms of growth.

Gaming stocks are strong again, Fuchun Shares, Tianzhou Culture, Mingchen Health, and Dasheng Culture all hit the daily limit!

Finally, let’s analyze why the market rose today.The reason is that the mysterious funds that have been silent for many days have taken action again today, especially in the last 30 minutes of trading, the trading volume of many CSI 300 ETFs increased significantly.As of the close, the four CSI 300 ETFs had a turnover of over 12 billion yuan. Some analysts said that this move played a crucial role in invigorating the market atmosphere.

Breaking news from North Korea

Today, there was breaking news from North Korea.

North Korea closed its borders early in the coronavirus pandemic but will soon reopen to tourists from many countries, the first time general tourism has been allowed in nearly five years.

North Korea will resume international tourism this winter, ending a travel ban imposed due to the epidemic, according to travel agencies.

Travel companies KTG and Koryo Travel said on Wednesday that their partners in North Korea had informed them that the government planned to allow travel to some locations.

North Korea's Samjiyon city will open to tourism in December, according to the companies, and other parts of the country may also be opened to tourism at the same time.

"Koryo Travel has waited over four years to finally make this announcement and we are very excited that travel to North Korea is open again," Koryo Travel said in a statement on its website.