Today (December 3), the three major A-share indices closed collectively lower. The total market turnover reached 1.68 trillion yuan, an increase of over 76 billion yuan compared to the previous trading session. More than 1,400 stocks closed higher, with 54 hitting the daily limit-up.
Sectors leading the gains included lab-grown diamonds, with Sifangda and Huifeng Diamond among the top performers. Coal mining, wind power equipment, traditional Chinese medicine, and industrial metals also saw upward momentum. Conversely, Kuaishou and MLOps concepts led the declines.
**22 Stocks Hit Record Highs** Excluding newly listed stocks within the past year, 22 stocks closed at all-time highs today. The automotive, basic chemicals, and power equipment sectors were prominent, with 4, 4, and 3 stocks respectively reaching new highs.
Among these, the average gain was 5.69%, with stocks like Daoming Optics, Jereh Group, and Riying Electronics hitting the limit-up. Others such as Lüdaofeng, Shanghai Hanxun, and Qiaoyuan Co. also posted significant gains.
**11 Stocks Receive Institutional Buy Ratings** Institutions issued 11 buy ratings today, covering stocks like Sanhuan Group, Emeishan A, and Bohui Paper. On average, these stocks fell 0.43%, outperforming the Shanghai Composite Index. Six stocks rose, led by Huayang Energy, Zhongfu Circuit, and Taisheng Wind Power, with gains of 2.34%, 1.83%, and 0.48%, respectively.
**Dragon & Tiger Board: 6 Stocks Net Over 10 Million Yuan in Institutional Buys** Nine stocks recorded net institutional purchases, while 17 saw net selling. Six stocks had net buys exceeding 10 million yuan, led by Sifangda with 56.07 million yuan, followed by Aerospace Development with 38.97 million yuan.
On the sell side, Southern Grid Digital led with net institutional selling of 188 million yuan, followed by Pingtan Development, Aerospace Power, and Tongqinglou, each with net sales over 87 million yuan.
Ten stocks on the Dragon & Tiger Board saw net northbound inflows, led by Tongyu Communication with 187 million yuan, followed by Dajin Heavy Industry, Aerospace Power, and Huaying Technology, each with over 44 million yuan.
Nine stocks faced northbound outflows, with Sai Microelectronics leading at 247 million yuan amid a near-limit-down drop.
**Key Evening Announcements** - **China Aluminum International (601068)**: A subsidiary, in consortium, won a 3.03 billion yuan electrolytic aluminum project. - **Shanxi Fenjiu**: Huachuang Xinrui completed a 1.33% stake reduction. - **Guizhou Bailing**: Chairman Jiang Wei faces a CSRC probe over alleged insider trading. - **Fosun Pharma**: Received clinical trial approval for FXS887, an innovative drug targeting advanced solid tumors. No similar therapies are globally approved yet. - **Aerospace机电**: Focuses on automotive thermal systems and photovoltaic industries. - **Zhejiang Rongtai**: Plans stable production of robotics-related products in Thailand by Q1 2026. - **Biwin Storage**: Its ePOP series products are used in Alibaba’s Quark AI glasses. - **Samsung Medical**: Pre-selected for a 152 million yuan State Grid project. - **Jiadu Technology**: Indirectly invested in Moore Threads via Huacheng Venture Capital.
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