Closing Report: Shanghai Composite Index gained 0.38% on increased trading volume, with a surge in the big consumer concept leading to a wave of trading halts.

date
20/05/2025
The three major indexes collectively increased on high volume. In terms of sectors, consumer stocks surged collectively, with the pet economy concept strong, Chuangyuan Stock climbing 20cm limit; the beauty and personal care concept was active, Reliable Stock climbed 20cm limit, Yi Yi Stock, Lafang Household Chemicals and others hit limit up during trading; the cultivation of diamond concept strengthened, Mankelong, Chaohongji and others hit limit up; the IP economy sector triggered a limit up trend, Zhengzhong Design, Guangbo Stock, Laisentongling and many other stocks hit limit up; the shipping sector collectively pulled back, Phoenix Shipping, Ningbo Shipping, Lianyungang hit limit down; the military industry sector weakened, Lijun Stock hit limit down; resource stocks collectively adjusted, with coal stocks leading the decline and China Resources Power leading the decline. Overall, more stocks rose than fell, with over 3800 stocks rising. By the close, the Shanghai Composite Index reported 3380.48 points, up 0.38%; the Shenzhen Component Index reported 10249.17 points, up 0.77%; the Growth Enterprise Index reported 2048.46 points, up 0.77%. On the market, the cultivation of diamonds, the pet economy, and the restructuring protein sectors led the gains, while the port shipping, China-South Korea Free Trade Zone, and Chengfei concept sectors led the declines.