Di Yi Cai Jing·2025-08-24 10:20Core Viewpoint - The A-share electronic sector is rapidly approaching the market capitalization of the banking sector, with significant growth in companies like Cambrian and Haiguang Information, indicating a shift in market dynamics towards emerging industries [1] Market Capitalization Trends - As of August 22, 2025, the market capitalization of the Shenwan electronic sector reached 11.32 trillion yuan, nearly equal to the banking sector's 11.37 trillion yuan, with only a 500 billion yuan difference [1] - The market capitalization of emerging sectors such as electronics, power equipment, computers, automobiles, and communications has increased from 16.95% to 26.29% over the past five years, a rise of nearly 9.5 percentage points [1] Shift in Industry Dynamics - The trend of "emerging industries advancing, traditional industries retreating" has become increasingly evident over the past five years, with traditional sectors like banking, non-bank financials, and real estate seeing a decline of over 6.95 percentage points in market capitalization share [1] - International experience suggests that technology companies are often the core support of market capitalization in developed markets, indicating a potential for further expansion of technology-related sectors in the domestic economy [1]