Xin Lang Cai Jing·2025-07-22 09:34Core Insights - The market experienced a significant rally with 105 stocks hitting the daily limit, while 13 stocks faced a limit down, resulting in a limit-up rate of 89% [1] - The focus of the market was on large infrastructure projects, with major indices reaching new highs for the year and a total trading volume of 1.89 trillion yuan, an increase of 193.1 billion yuan from the previous trading day [1][10] - Key sectors that saw gains included super hydropower, engineering machinery, coal, and cement, while sectors like AI, components, software development, and gaming faced declines [1][8] Market Performance - The Shanghai Composite Index rose by 0.62%, the Shenzhen Component Index increased by 0.84%, and the ChiNext Index gained 0.61% [1] - The number of stocks with consecutive limit-ups increased significantly, with over 60 stocks achieving this feat, indicating strong market sentiment [3][7] Stock Analysis - The stock Upwind New Materials achieved a record 10 consecutive limit-ups, while other notable stocks included Liu Steel with 4 consecutive limit-ups and Lan Sheng with 7 limit-ups over 8 days [3][11] - The performance of stocks in the super hydropower sector remained strong, with companies like China Power Construction and China Energy Engineering hitting limit-ups [7][8] Sector Trends - The announcement of a super hydropower project with a total investment exceeding 1.2 trillion yuan has fueled interest in the infrastructure sector, leading to a surge in related stocks [7] - The steel sector, particularly Liu Steel, benefited from increased demand driven by infrastructure needs, showcasing a strong correlation between the two sectors [8][9] Future Outlook - Despite the current bullish sentiment, there are concerns about potential capital diversion from other sectors due to the strong performance of the infrastructure sector [10] - The market is expected to experience fluctuations as it digests recent gains, with a focus on the sustainability of the current trends in infrastructure and related industries [10]