Closing Review: ChiNext closed up 1.21%, with rare earth permanent magnets and automotive parts strong throughout the day
The three major A-share indices collectively rose today. By the close, the Shanghai Composite Index increased by 0.52% to surpass 3,400 points, the Shenzhen Component Index rose by 0.83%, and the ChiNext Index climbed by 1.21%, while the Beijing Stock Exchange 50 Index remained flat. The total market turnover was 1,286.6 billion yuan, a decrease of 164.6 billion yuan compared to the previous day. Over 3,400 individual stocks in the market rose. In terms of sectors, rare earth permanent magnets, energy metals, and automotive parts led the gains, while the CRO concept sector saw the largest declines. On the market, the rare earth permanent magnet sector surged, with BGRIMM Tec achieving three consecutive trading limits, and ZKCY, Huayang New Materials, and Ningbo Yunsheng hitting the daily limit. The automotive parts concept also saw significant gains, with QuanFeng Automotive, DiShengLi, JinQilin, and XiShanghai all reaching the daily limit. The large financial concept rebounded, with Industrial Securities, Nanhua Futures, and Cinda Securities hitting the daily limit. Several high-profile stocks continued to decline, with Junyao Health, Liren Lizhuang, and Lianhua Technology hitting the daily limit
