A-share market close review: The STAR Market 50 Index rose nearly 6% to a new high, driven by a surge in the chip industry chain.
CoinFeed reported on May 25th that, according to Jinshi, the three major A-share indices rose steadily. At the close, the Shanghai Composite Index rose 0.96%, the Shenzhen Component Index rose 1.66%, the ChiNext Index rose 2.1%, and the STAR Market 50 Index rose 5.88%, continuing to reach a new historical high. The combined turnover of the Shanghai and Shenzhen stock exchanges reached 3.21 trillion yuan, an increase of over 300 billion yuan compared to the previous day. Nearly 2,200 stocks across the market closed higher. On the market, stocks held by the National Integrated Circuit Industry Investment Fund continued to rise in the afternoon, with Huahong Technology hitting the 20% daily limit, SMIC rising nearly 19%, and other stocks such as Tuojing Technology, Huada Jiutian, and Jingce Electronics following suit. The cultivated diamond sector was strong throughout the day, with Huanghe Whirlwind, Boyun New Materials, and Hengsheng Energy hitting the daily limit. The chip industry chain saw a surge, with advanced packaging leading the gains, and more than ten stocks including Guanghua Technology, Xinjieneng, and Bomin Electronics hitting the daily limit. The airport and shipping sector was active, with China Express Airlines hitting the daily limit during trading, and China Eastern Airlines, China Southern Airlines, and Spring Airlines leading the gains.