The A-share market saw a collective rise in its three major indices, with the Shanghai Composite Index up 0.4%, the Shenzhen Component Index up 1.1%, and the ChiNext Index up 1.55%. Consumer and automotive stocks performed strongly, while the semiconductor sector experienced a pullback. Separately, the national carbon emissions trading market has surpassed 62.9 billion yuan in cumulative turnover since its launch in July 2021, covering over 65% of China's total carbon emissions from major high-emission industries. This market is projected to expand to cover approximately 80% of national greenhouse gas emissions by 2027, encompassing sectors like chemical, petrochemical, civil aviation, and papermaking. AI
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