China News Service, Beijing, February 27 (Reporter Chen Kangliang) China's A-shares rose on Tuesday, the 27th, with all major stock indexes in the red.

Automobile-related sectors were among the top gainers and performed well.

　　According to data from financial data service provider Oriental Fortune, the auto parts and automobile sectors rose by 4.7% and 4.55% respectively that day.

In terms of individual stocks, Jiezhong Technology rose by 30% that day, while Hitech and Zhengqiang shares both rose by 20%.

　　Federal Reserve Securities analyst Li Longshuan said that the strength of A-share auto-related sectors that day was, on the one hand, due to the relatively large adjustments in these sectors in the early stage, and the power of oversold rebounds; on the other hand, it was driven by good news, especially traditional consumer goods such as automobiles. The trade-in policy is good.

　　Recently, the fourth meeting of the Central Financial and Economic Commission was held.

The meeting pointed out that it is necessary to promote the updating and technological transformation of various production equipment and service equipment, encourage the trade-in of traditional consumer goods such as automobiles and home appliances, and promote the trade-in of durable consumer goods.

When replacing old consumer goods with new ones, it is necessary to adhere to the linkage between the central finance and local governments to coordinate and support all links of the entire chain to benefit more consumers.

　　Lu Jiamin, an analyst at Cinda Securities, said that from the perspective of replacement prices and vehicle model changes, consumption upgrading is the main trend in China's car replacement market.

If a new round of trade-in policies are implemented, it is expected to promote the growth of consumption upgrade demand in the automobile industry and benefit the development of the industry.

In addition, various car companies have launched new cars intensively recently, and the industry is expected to usher in a peak consumption season, which is optimistic about the prospects of the automobile sector.

　　In terms of the overall performance of the market, as of the close of the day, the Shanghai Composite Index reported 3,015 points, an increase of 1.29%; the Shenzhen Component Index reported 9,269 points, an increase of 2.24%; the GEM Index reported 1,793 points, an increase of 2.41%.

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