Closing Review: Shanghai Composite Index fell by 1.16% on low volume adjustment, the total trading volume of the three major markets was less than 2.5 trillion yuan.

date
05/09/2025
The A-share market experienced mixed movements today. As of the close, the Shanghai Composite Index fell by 1.16%, the Shenzhen Component Index fell by 0.65%, the ChiNext Index rose by 0.95%, and the SZSE Component Index fell by 1.49%. The total turnover in Shanghai, Shenzhen, and Hong Kong markets was 2.3957 trillion yuan, a decrease of 516.7 billion yuan compared to the previous day. Over 4,500 stocks in the market declined. In terms of sector performance, the photovoltaic equipment, gaming, and precious metals sectors performed well, while the military equipment, securities, commercial aerospace, dairy, and rare earth permanent magnet sectors saw the biggest declines. In terms of market dynamics, the precious metals sector was active in the morning, with Western Mining hitting the daily limit-up. The gaming sector rose slightly, with Giant Network hitting the daily limit-up during intraday trading. The photovoltaic equipment sector showed strength against the trend, with Sun Power Electricals up by 20 cm, and Elina Energy and Yangguang Power rising by over 15%. CPO concept stocks saw a surge in the afternoon, with Zhongji Xuchuang hitting a new high. The military equipment sector collectively adjusted today, with Lijun shares, Beihai Rocket, and Great Wall Military multiple stocks hitting limit-down. The securities sector also performed poorly, with Guosheng Holding approaching the limit-down, and Taipingyang, Xiangcai Stock, and Zhongyin Securities seeing the biggest declines.