Xuan Gu Bao·2025-05-13 08:52Market Overview - The market opened high but retreated throughout the day, with mixed performance across the three major indices. The shipping and port sector saw a significant late surge, with stocks like Ningbo Ocean and Lianyungang hitting the daily limit. The magnetic levitation compressor concept remained active, with Xinglei Co. and Baida Precision Engineering also reaching the limit. The photovoltaic sector rebounded, with Baoxin Technology and Oujing Technology hitting the limit. Bank stocks strengthened again, with Shanghai Pudong Development Bank and Shanghai Bank reaching historical highs. In contrast, the military industry sector declined, with Huawu Co. dropping over 10%. Overall, more than 3,200 stocks in the Shanghai and Shenzhen markets fell, with a total transaction volume of 1.33 trillion yuan [1]. Shipping Sector - The shipping sector experienced a significant rise, with stocks like Wantong Technology and Ningbo Shipping hitting the daily limit. The main contract for the European shipping index surged over 10% [4][13]. - According to CICC, the demand for shipping volumes is expected to improve due to concentrated growth in U.S. supply chain inventory needs, potentially leading to an increase in freight rates [5]. Photovoltaic Sector - The photovoltaic sector saw substantial gains, with stocks such as Baoxin Technology and Jingyuntong hitting the daily limit. Reports indicated that leading silicon material manufacturers are planning to acquire remaining silicon material production capacity and have proposed production cuts to stabilize prices [7]. - CITIC Futures noted that silicon wafer production has further decreased this week, with both polysilicon and silicon wafer inventories declining, indicating that upstream producers are beginning to reduce operations to stabilize prices [8]. Foreign Trade Beneficiary Concept - The foreign trade beneficiary concept remained active, with stocks like Huafang Co. hitting the daily limit. Analysts noted that the recent reduction in U.S. tariffs on China to 30% suggests a gradual recovery in China's exports to the U.S. [9][11]. Other Active Sectors - Other sectors such as petrochemicals, magnetic levitation compressors, and medical devices showed localized activity. In contrast, military and satellite internet sectors experienced notable declines [11].