CATEC(SH:600879) Zhong Guo Zheng Quan Bao·2025-12-16 08:29Market Overview - The A-share market experienced a decline, with the Shanghai Composite Index falling by 1.11%, the Shenzhen Component Index down by 1.51%, and the ChiNext Index decreasing by 2.1%. The total market turnover was approximately 1.74 trillion yuan [1]. Sector Performance - The internet finance sector showed strength in the afternoon, with stocks like Hengbao Co., Ltd. (002104) hitting the daily limit. The commercial aerospace sector was notably active, with Aerospace Electronic (600879) achieving a "two consecutive limit" and a trading volume exceeding 10 billion yuan, closing with over 180,000 outstanding orders [3][5]. - Retail concept stocks remained strong throughout the day, with Baida Group (600865) achieving a "four consecutive limit," while Hongqi Chain (002697) and Guangbai Co., Ltd. (002187) both achieved "two consecutive limits." In contrast, sectors such as precious metals and film theaters saw significant declines [3]. Commercial Aerospace Sector - The commercial aerospace concept stocks surged in the afternoon, with Hualing Cable (001208) achieving a "four consecutive limit," and Aerospace Electronic and Tongyu Communication (002792) both achieving "two consecutive limits" [5][7]. - Aerospace Electronic announced a capital increase of 727.5 million yuan for its subsidiary, Aerospace Long March Rocket Technology Co., Ltd., aimed at enhancing its comprehensive capabilities and addressing funding needs for key technology research and development [9]. Currency Exchange Rate - The offshore RMB to USD exchange rate strengthened, reaching a high of 7.03, the highest since October 4, 2024. Analysts attribute this to external factors such as the Federal Reserve's interest rate cuts and a resilient current account surplus in China [10][11].