The retail sector continues to strengthen, with multiple stocks including Wuika Times hitting the daily limit
The retail sector continued to strengthen during the trading session, with Wuika Times, NHD, GUOGUANG CHAINS, and Sanjiang Shopping Club hitting the daily limit, while Yonghui Superstores, Euroasia Group, Wushang Group, and Gongxiao Daji also saw gains. On the news front, Alibaba's second-quarter financial report showed that Alibaba's instant retail revenue reached 14.784 billion yuan, a year-on-year increase of 12%, with significant contributions from Taobao Flash Sales
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