Closing Review: The three major indices rebounded strongly, and the cross-border payment concept surged in the afternoon

The three major indices rebounded strongly, with the ChiNext Index and the Shenzhen Component Index closing up over 1%. In terms of sectors, the cross-border payment concept surged in the afternoon, with Lakala, Forms Syntron, and TANSUN hitting the 20% daily limit; the innovative drug concept rose, with ChemPartner, Staidson BioPharm, and InventisBio all hitting the daily limit during trading; the autonomous driving concept continued to be strong, with Sanyou Technology hitting the 30% daily limit, and WanMa Technology and YuHeTian both hitting the 20% daily limit; the consumer sector collectively adjusted, with the beauty and personal care segment leading the decline, and Lafang Household Products seeing significant losses; food and beverage stocks fell into a correction, with JinFeng Wine Industry and Jiaoda Onlly leading the decline; the gold concept declined, with LaiShen TongLing hitting the daily limit. Overall, individual stocks showed a general upward trend, with over 4,300 stocks rising. By the close, the Shanghai Composite Index was at 3,363.45 points, up 0.70%; the Shenzhen Component Index was at 10,127.20 points, up 1.24%; and the ChiNext Index was at 2,012.55 points, up 1.37%. On the market, the electronic ID, cross-border payment, and data rights confirmation sectors had the largest gains, while precious metals, glyphosate, and beauty and personal care sectors had the largest declines