On the morning of May 25th, the market displayed signs of a rebound after hitting a low. The STAR 50 Index surged by more than 3% during the morning session, while the ChiNext Index climbed over 1%, the Shanghai Composite Index rose by 0.57%, and the Shenzhen Component Index advanced by 0.87%. Trading volume on the Shanghai and Shenzhen stock exchanges soared to RMB 2.08 trillion in the morning, marking an increase of RMB 299.9 billion from the previous trading day. Across the market, over 100 stocks soared to their daily price limits.
The chip industry chain emerged as a standout performer, with robust gains seen in sectors such as semiconductor equipment, STAR-listed chip companies, memory chips, and PCB concepts. Multiple stocks, including ACM Research, Dosilicon, and Digital China Electronics, either hit their daily price limits or surged by more than 10%. Avary Holding extended its winning streak, securing two consecutive daily price limits and reaching new all-time highs. The power sector exhibited an upward oscillation, with Jingneng Power achieving six board-hitting days out of the last nine. Meanwhile, oil and gas stocks underwent volatile adjustments, with Tongyuan Petroleum and several other stocks experiencing declines.
