PANews reported on May 7th that, according to Jinshi, the three major A-share indices opened higher and continued to rise, with all three indices climbing. The Shenzhen Component Index and the ChiNext Index both rose by more than 1%, while the Shanghai Composite Index approached its previous high. At the close, the Shanghai Composite Index rose 0.48%, the Shenzhen Component Index rose 1.18%, the ChiNext Index rose 1.45%, and the Beizheng 50 Index rose 3.05%. The combined turnover of the Shanghai and Shenzhen stock exchanges was 3.14 trillion yuan, a decrease of 82.9 billion yuan from the previous trading day. On the market, hot sectors rotated rapidly, with over 3,500 stocks rising, and over 100 stocks hitting their daily limit for the second consecutive day. The computing power leasing sector continued its strong performance today, with fiber optics, CPO, and PCB sectors leading the gains. Hangzhou Electric Co., Ltd. hit its second consecutive daily limit, Juguang Technology Co., Ltd. hit its 20cm daily limit, and Hongjing Technology, Langke Technology, and Dongyangguang Co., Ltd. reached new historical highs. In addition, the industrial gas sector fluctuated and weakened, with Shuifa Gas hitting the daily limit down. The coal, oil, and energy chemical sectors all saw adjustments, with Qianneng Hengxin falling by more than 10%, and PetroChina and CNOOC falling by more than 5% during the session.