A-shares closing: Shanghai Composite Index fluctuated and ended flat, with over 120 stocks hitting the daily limit across the market

ME News report. On May 8 (UTC+8), the three major A-share stock indices opened lower and traded with fluctuations. During the session, both the ChiNext Index and the Shenzhen Component Index fell by more than 1%, and the STAR 50 Index dropped by more than 2%. By the close, the Shanghai Composite Index was flat, the Shenzhen Component Index fell 0.5%, the ChiNext Index declined 0.96%, and the North Star 50 Index rose 2.24%. The combined trading value across the Shanghai and Shenzhen markets was 3.05 trillion yuan, breaking the 3 trillion yuan mark for three consecutive trading days, with a shrink of 95.4 billion yuan versus the previous trading day. On the trading board, market hot spots rotated quickly; more than 3,600 stocks across both markets rose, and for three consecutive days, more than 100 stocks hit the daily limit. In the afternoon, the humanoid robot concept sector and the commercial aerospace sector both saw a collective surge. Electric Sky Blue Sky hit the daily limit, and Aerospace Development, Luxin Venture Capital, and Aerospace Changfeng also hit the limit. Daye Co., Ltd. hit the limit for three consecutive days, JuLun Intelligent hit the limit for two consecutive days, and the real estate sector continued to strengthen, led by Binjiang Group. In addition, the lithium extraction and lithium brining sector saw a volatile pullback; Tianqi Lithium and Ganfeng Lithium fluctuated lower, and most of the battery sector fell, with Hunan Yunneng, Tinci Materials, and Tianhua New Energy trailing suit. (Source: PANews)