Zheng Quan Ri Bao Wang·2025-05-12 10:44Market Overview - On May 12, A-shares opened lower but closed higher, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 0.82%, 1.72%, and 2.63% respectively [1] - The market experienced a broad rally with over 4,000 stocks rising, and the total trading volume reached 1.31 trillion yuan, an increase of 116.4 billion yuan from the previous trading day [1] Sector Performance - Afternoon trading saw significant gains in multiple sectors including brokerage, diversified finance, shipping, and trade [2] - The brokerage sector saw notable performances with Jinlong Co. hitting the daily limit up with an 8.53% increase, and Dongfang Caifu attracting nearly 1.4 billion yuan in net inflow, rising by 4.27% [2] - The diversified finance sector also performed well, with Hongye Futures up by 5.94% and several other stocks following suit [2] Railway Infrastructure - The railway infrastructure sector saw strong gains, with Tian Tie Technology rising over 13% and Jin Ying Heavy Industry up over 11% [3] - According to the China National Railway Group, fixed asset investment in railways reached 194.7 billion yuan in the first four months of the year, a year-on-year increase of 5.3% [3] Military Industry - The military sector continued its strong performance, with aerospace stocks like AVIC Chengfei and Morningstar Aviation hitting the daily limit up [4] - A report from AVIC Securities indicated that the military industry is experiencing a recovery in market sentiment, with new themes in military trade and commercial aerospace expected to deepen [4] - The shipbuilding sector also saw positive performance, with China Shipbuilding rising by 9.54% and China Heavy Industry up by 7.62% [4] Shipbuilding Industry - The shipbuilding industry is currently in a new cycle of prosperity, driven by aging vessels and new environmental policies leading to stable order volumes and rising prices [5]