Gelonghui on November 7th: A-shares major indexes opened lower and rose throughout the day, with all three major indexes up more than 2.4%; by the close, the Shanghai Composite Index rose by 2.57% to 3470 points, the Shenzhen Component Index rose by 2.44%, and the Chinext Price Index rose by 3.75%. The total turnover for the day was 2.51 trillion yuan, a decrease of 57.8 billion yuan from the previous trading day, with over 4500 stocks rising in the whole market and less than 800 stocks falling. On the market, the People's Bank of China announced research on further optimizing the business environment, promoting high-level financial industry opening to the outside world, the big financial sector surged, brokerages, insurance stocks soared, Citic Securities hit the daily limit and reached a historical high, China Life Insurance also hit the limit at the closing; the consumer sector surged across the board, leading sectors included food and beverage, dairy industry, and beer concepts, with stocks like Pinlive Foods, Jiugui Liquor, and others hitting the limit; the aquaculture sector was active with multiple stocks like Zhanjiang Guolian Aquatic Products hitting the limit; "Several Opinions on Stimulating the Vitality of the Ice and Snow Economy through the High-Quality Development of Ice and Snow Sports" was issued, the tourism and hotel sector strengthened, with multiple stocks including Changbai Mountain hitting the limit; real estate development, commercial department stores, and pre-cooked food sectors led the gains. In addition, the precious metals sector declined, with Chifeng Jilong Gold Mining leading the decline; the aerospace sector saw a pullback, with Jialiqi dropping by over 9%; photovoltaic equipment, robot concepts, and others led in declines. (Gelonghui)
A股收评:低开高走!三大指数均涨超2.4%,大金融、大消费板块爆发
A-share market review: A gap down followed by a strong uptrend! All three major indices rose by more than 2.4%, with significant rallies in the financial and csi consumer 360 index sectors.
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