jeopardynewseason| The Shanghai and Shenzhen stock indexes fluctuated and closed higher: the photovoltaic sector rose in the afternoon, and stocks shared technology soared 20%

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May 22, 2024jeopardynewseason, China's stock index futures market fluctuated slightly, with the main contract of the Shanghai and Shenzhen 300 rising slightly by 0jeopardynewseason.28%, and the China Securities 1000 performed outstandingly, rising 0.31%. In terms of individual stocks, the photovoltaic sector was strong in the afternoon, with Sharing Technology leading the gains of more than 20%, driving market activity; the automotive sector was under pressure, and Yutong Bus and Zhongtong Bus fell significantly.

Newsletter text

[On May 22, 2024, the stock index fluctuated within a narrow range, and the photovoltaic sector performed eye-catching in the afternoon.] The Shanghai and Shenzhen stock indexes showed a consolidation trend. The main contract of the Shanghai and Shenzhen 300 stock index futures rose slightly by 0.28%. The main contract of the Shanghai Stock Exchange 50 stock index futures followed suit and recorded a 0.16% increase. The main contract of the CSI 500 stock index futures fell slightly, down 0.10%, while the main contract of the CSI 1000 stock index futures performed better, with an increase of 0.31%. In terms of sector performance, the photovoltaic sector showed a significant rise in the afternoon, with Sharing Technology leading the rise, with an increase of more than 20%. Trina Solar and Zhonglai shares both increased by more than 10%. Junda shares and Saiwu Technology hit a daily limit during trading. AI concept stocks also performed well, with Yingli shares trading daily for two consecutive trading days. Copper high-speed connection concept stocks were also strong, with Shenglan shares rising more than 17%. At the same time, among the declining sectors, the scenic spots and tourism sector adjusted, with Changbai Mountain experiencing the largest decline. The non-ferrous metals sector fell in afternoon trading, with *ST Zhongrun and Minfa Aluminum leading the decline. The entire automobile sector also performed poorly, with Yutong Bus and Zhongtong Bus among the top losers. The overall market rose more and fell less, with nearly 3100 stocks rising. In the sector's rise and fall rankings, BC batteries, real estate services and silicon energy sectors were among the top gainers, while attractions and tourism, fentanyl and oil and gas extraction sectors were among the top losers.

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