The automotive and automotive parts sector surged, with FAW Fuwei lifting its limit, Ningbo Huaxiang up 7.91%, Dong'an Power up 6.7%, Shuguang Stock up 6.52%, Asia Pacific Stock up 5.62%, Molded Technology up 4.94%, and Huayu Automobile up 4.45%.

Leading Shanghai Automobile Group rose 4.21%, while its warrants suffered from market speculation, with an increase of 27.22%. Due to the approaching exercise period, SAIC strives to stimulate investors to exercise due to financing needs.

The simultaneous rise of three individual shares in the FAW series has also strengthened market expectations for the restructuring of the FAW series and the overall listing of the controlling shareholder FAW Group. Some analysts believe that the merger and reorganization of the automotive industry has become an important national guideline. If the Chinese automotive industry is to become a large and strong automotive industry, a larger scale of inter industry mergers and acquisitions is imperative. And yesterday, a group of three committees, including the China Banking Regulatory Commission, jointly issued a document supporting the merger and restructuring of conditional enterprises.