涨跌幅拟从5%扩大至10%，ST板块飘红，个股交易被激活

Core Viewpoint - The A-share market is experiencing a revival in trading sentiment, with significant gains in various sectors, including gaming, military, and photovoltaic, as well as a positive performance in the ST (Special Treatment) stocks sector, which is approaching previous high levels [1][3]. Group 1: Market Performance - On June 30, the ST stocks sector rose by 1.48%, indicating a recovery in market sentiment [1]. - Among 126 main board ST stocks, 16 reached the daily limit up, while only 1 stock hit the limit down [3]. Group 2: Regulatory Changes - The Shanghai and Shenzhen Stock Exchanges are proposing to adjust the price fluctuation limit for main board risk warning stocks (ST and *ST stocks) from 5% to 10% [3][4]. - The public consultation period for this proposal ended on July 4, with the new regulations expected to be implemented as early as July [3]. Group 3: Rationale Behind Changes - The adjustment aims to enhance the efficiency of stock pricing, maintain market order, and protect investors' rights [4]. - The current 5% limit is seen as hindering pricing efficiency, and the exchanges believe that aligning the fluctuation limits with other main board stocks will benefit market order and investor protection [4]. Group 4: Market Implications - Analysts suggest that the 5% limit has prolonged the survival of low-quality companies under the delisting rules, and the new changes may lead to a more rational market value for risk warning stocks [5]. - Faster price adjustments in response to negative news could trigger delisting mechanisms more effectively, promoting a healthier market environment [5].