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The stock market exhibited an upward trend in the morning, with notable gains across major indices. The Shanghai Composite Index advanced 0.86%, the Shenzhen Component Index climbed 1.61%, and the ChiNext Index surged 2.22%. Market activity witnessed a significant uptick, as evidenced by the robust performance of sectors such as Crude Palm Oil (CPO), AI chips, and rare earth permanent magnets, where several stocks hit their daily trading limits. Additionally, the real estate, wind power, and non-ferrous metals sectors led the gains. Conversely, the beauty and personal care, and automobile sectors experienced declines. In total, more than 2,800 stocks across the market ended the morning session in the green, and the trading volume surpassed the 2 trillion yuan mark, underscoring a vibrant and heated trading environment.
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