Zhong Guo Ji Jin Bao·2025-10-24 04:45Market Overview - The A-share market experienced a collective rise on October 24, with the Shanghai Composite Index reaching a nearly ten-year high, closing up 0.42% [2][3] - The Shenzhen Component Index increased by 1.3%, while the ChiNext Index rose by 2.09%, and the STAR 50 Index saw a gain of 2.98% [2][3] Sector Performance - The technology sector, particularly in memory chips, commercial aerospace, satellite internet, and semiconductors, showed significant gains, leading the market [3][4] - The overall market saw a trading volume of 1.24 trillion yuan, with over 2,900 stocks rising [3] Notable Stocks - Honghua Semiconductor surged nearly 12%, leading the Hang Seng Technology Index [4] - Several stocks in the electronics sector, including Puran Co., Kexiang Co., and Shengyi Technology, hit the daily limit of 20% increase [6][7] - The stock of Zhujiang Piano initially dropped to the limit down but then surged to hit the limit up, closing at 6.81 yuan per share [13][18] Coal Sector - The coal sector faced a notable decline, with companies like Antai Group and Yunmei Energy hitting the limit down, while others like Shaanxi Black Cat and Liaoning Energy also saw significant drops [10][11] Future Industry Outlook - The National Development and Reform Commission emphasized the importance of nurturing emerging industries, projecting that the "three new" economy will account for over 18% of GDP by 2024 [8][9] - Strategic emerging industries such as new energy, new materials, and aerospace are expected to create substantial market opportunities in the coming years [9]