news flash·2025-05-29 03:33Market Overview - The three major A-share indices rose collectively in the morning session, with the Shanghai Composite Index up 0.72%, the Shenzhen Component Index up 1.12%, and the ChiNext Index up 1.16% [1] - The total market turnover reached 759.4 billion yuan, an increase of 91.6 billion yuan compared to the previous day, with over 4,400 stocks rising [1] Sector Performance - The leading sectors included autonomous driving, innovative pharmaceuticals, and cross-border payments, while precious metals and food sectors saw declines [2] - Notable stocks in the autonomous driving sector included Yunnei Power and Tongda Electric, both achieving four consecutive trading limit increases [2] - The innovative pharmaceutical sector also performed well, with stocks like Ruizhi Pharmaceutical and Shutaishen hitting trading limits [2] Notable Stocks and Trends - The stock of Shangwei Co. achieved six consecutive trading limit increases, indicating strong investor interest [4] - Stocks such as Yunnei Power and Tongda Electric have shown significant momentum with four consecutive trading limit increases [5] - The innovative pharmaceutical company Shutaishen reported promising clinical trial results for its STSA-1002 injection, showing a significant reduction in mortality rates compared to the control group [10] Strategic Developments - A strategic cooperation framework agreement was signed between Xiaoma Zhixing and Guangzhou Public Transport Group to collaborate in the fields of autonomous vehicles and logistics services [11] - The market is also reacting to legislative developments regarding stablecoins in the U.S. and Hong Kong, which may impact the cross-border payment sector [13]