China A-Share Indices Close Mixed on May 8, Over 120 Stocks Hit Daily Limit

According to Xinshi Data, China's A-share indices closed mixed on May 8. The Shanghai Composite Index closed flat, while the Shenzhen Component Index fell 0.5% and the ChiNext Index dropped 0.96%. The Beijing Stock Exchange 50 Index rose 2.24%. Combined trading volume in Shanghai and Shenzhen reached 3.05 trillion yuan, marking the third consecutive trading day above the 3 trillion yuan threshold.

Market breadth remained strong with over 3,600 stocks advancing and more than 120 hitting daily limits for the third consecutive session. The humanoid robot and commercial space sectors led gains, with multiple stocks including Hangzhou Binjiang Group posting sharp advances. Lithium extraction stocks retreated amid profit-taking, while battery-related stocks declined across the board.