Feng Huang Wang·2025-08-22 03:41Core Insights - The market experienced a strong upward trend in early trading, with the ChiNext Index and the STAR Market 50 Index reaching three-year highs [1] - The total trading volume in the Shanghai and Shenzhen markets was 1.51 trillion, a decrease of 56.9 billion compared to the previous trading day [1] - By the market close, the Shanghai Composite Index rose by 0.67%, the Shenzhen Component Index increased by 1.32%, and the ChiNext Index surged by 2.56% [1] Sector Performance - The sectors that saw the most significant gains included semiconductors, CPO, computing power, and securities, while oil and gas, dairy, traditional Chinese medicine, and banking sectors experienced declines [2] - Computing power stocks saw a widespread surge, with companies like CloudWalk Technology hitting the daily limit [1] - Semiconductor stocks collectively rose, with Cambrian Technology reaching a new historical high [1] - AI hardware stocks, including New Yisheng, also rebounded, with several companies setting new historical highs [1]