A-Share Review: Three Major Indices Rally, Shanghai Composite Rises 0.96%, PEEK Materials and Consumer Electronics Sectors Surge!
A-Share three major indices continued to rise today, with the Shanghai Composite again reaching 3600 points; as of closing, the Shanghai Composite rose 0.96% to 3617 points, the Shenzhen Component Index rose 0.59%, and the ChiNext Index rose 0.39%. The total trading volume reached 1.62 million billion yuan, an increase of 976 billion yuan from the previous trading day, with over 3900 stocks rising.
The market saw PEEK materials explode, with stocks such as Xinhan Xincai and Zhixin Fluorine Materials rising to the limit. The consumer electronics sector surged, with stocks like Fuji Electronics and Eide Dragon reaching the limit. The communication equipment sector rallied, with stocks such as Dongxin and Pinglong Fiber Optics rising to the limit. The automotive parts sector was lively, with stocks like Xinquan Shares, Hunan Tianyan, and Zhongma Transmission rising to the limit. Other sectors that performed well include copper cable high-speed connection, brain interface, space station concepts, and plastic products. Meanwhile, the traditional Chinese medicine sector fell, with stocks like Qi Zheng Zhen Medicine declining to the limit; Kimi concept dropped, with Wanxing Technology leading the decline; and sectors such as recombinant protein, hepatitis concept, and chemical pharmaceuticals suffered losses.(Glon)