Shipping concept continues to be strong, with many stocks like Ningbo Shipping hitting the daily limit up.

Ningbo Shipping and Nanjing Port have both seen two consecutive days of gains in the stock market, while Ningbo Ocean Shipping, Lianyungang, Phoenix Shipping, and China Ocean Shipping have also followed suit. In terms of news, the main contract for the European line of the shipping and transportation industry saw a sharp increase of over 7% in the morning session.