October 27th Midday Review: Shanghai Composite Index rises over 1%, approaching 4000 points, Fujian local stocks collectively strengthen

The Shanghai Composite Index fluctuated and strengthened in the morning, approaching the 4000-point mark during the session, while the ChiNext Index surged and then retreated. Local stocks in Fujian collectively strengthened, with stocks like HXCX and FJC hitting the daily limit. Stocks related to photolithography machines and photolithography resins were active, with AnTai Technology and WanRun Co., Ltd. also hitting the daily limit. The steel sector rose, with ChangBao Co., Ltd. and New China Chuangguang also closing at the limit. On the downside, the wind power sector adjusted, with HaiLi Wind Power falling over 8%. More stocks rose than fell, with nearly 3,800 stocks in the Shanghai, Shenzhen, and Beijing markets in the green, and a total transaction volume of 1.58 trillion in the morning session. At the midday close, the Shanghai Composite Index rose by 1.04%, the Shenzhen Component Index rose by 1.26%, and the ChiNext Index rose by 1.54%