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Shanghai Composite Rises 0.32% on Lower Volume; Coal and Gas Stocks Surge

The Shanghai Composite closed up 0.32% on Thursday, while the Shenzhen Component and ChiNext Index each fell 0.27%, as the three major A-share indices diverged. Coal and gas stocks advanced broadly, with Zhengzhou Coal Industry & Electric Power, Antai Group, Dongfang Huanyu and Shengtong Energy hitting the daily limit. Total turnover across the Shanghai, Shenzhen and Beijing markets was 1.49 trillion yuan, with more than 3,100 stocks closing lower.

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