Zhong Guo Zheng Quan Bao·2025-10-20 08:53Market Overview - The A-share market saw a positive trend on October 20, with the Shanghai Composite Index rising by 0.63%, the Shenzhen Component Index increasing by 0.98%, and the ChiNext Index gaining 1.98%. The total market turnover reached 1.7513 trillion yuan, with over 4,000 stocks rising [1]. Cultivated Diamond Sector - The cultivated diamond sector experienced significant gains, with stocks like Huifeng Diamond and Sifangda hitting their daily price limits. The sector's performance was highlighted by a notable increase in share prices, with Huifeng Diamond rising by 29.98% and Sifangda by 19.98% [3][4][5]. - The cultivated diamond sector has shown remarkable growth in October, with Huifeng Diamond up over 50%, Sifangda up over 37%, and Lili Diamond up over 52% [6]. - A breakthrough was announced by Lili Diamond, which successfully cultivated a 156.47-carat diamond, the largest known single crystal diamond, marking a significant advancement in their technology [7]. - The global cultivated diamond market is projected to grow from $25.89 billion in 2024 to $74.45 billion by 2032, indicating strong future demand [7]. - In China, the cultivated diamond market is also expanding, with imports and exports of rough diamonds expected to reach $12.296 million in 2024, a year-on-year increase of 82.11% [8]. Ice and Snow Industry - The ice and snow industry saw a strong performance, with stocks like Dalian Shengya hitting their daily limit. The sector's growth is supported by a cold wave affecting northern regions, leading to increased interest in winter sports [9][11]. - A report indicated that by 2025, China's ice and snow industry is expected to exceed 1 trillion yuan, driven by upcoming major winter sports events [12]. - The report also forecasts that the participation in ice and snow sports will generate over 187.5 billion yuan in consumption during the 2024-2025 season, reflecting a growth of over 25% [12]. - The current ice and snow industry chain is well-established, encompassing resource development, equipment production, service operations, and consumer spending, suggesting multiple investment opportunities in infrastructure, equipment, and training [12].