Cambricon(SH:688256) Jie Fang Ri Bao·2025-08-28 11:10Market Performance - A-shares experienced a significant rebound today, showcasing a deep "V" pattern with technology stocks leading the recovery [2] - The Shanghai Composite Index rose by 1.14%, the Shenzhen Component increased by 2.25%, and the ChiNext Index surged by 3.82% [2] - The total market turnover exceeded 30 trillion yuan, marking the fourth instance in A-share history to surpass this threshold [2] Key Stock Movements - Cambrian Technology surpassed Kweichow Moutai to become the new "king" of A-shares, with its stock price rising over 15% to close at 1587.91 yuan per share, exceeding Kweichow Moutai's closing price of 1446.1 yuan [4] - The PCB (Printed Circuit Board) sector saw significant gains, with leading stock Shenghong Technology rising over 19% and achieving a historical high, with a trading volume exceeding 23 billion yuan [2] Technology Sector Insights - The technology sector collectively surged, with the Sci-Tech Innovation 50 Index increasing by 7%, reaching a three-year high [4] - Key areas driving this growth included copper cable high-speed connections, CPO (Co-Packaged Optics), lithography machines, and semiconductors [4] - The State Council's recent policy on "Artificial Intelligence+" is expected to positively impact AI application development and enhance foundational support such as computing power and data [4] Central Huijin's Investment Strategy - Central Huijin has increased its holdings in various ETFs, particularly in the liquor and chemical sectors, as disclosed in the latest public fund mid-term report for 2025 [6] - In the second quarter, Central Huijin significantly purchased approximately 150 billion yuan worth of broad-based ETFs, becoming a stabilizing force in the market [7] - The report indicates that Central Huijin has also increased its stake in the Penghua Liquor ETF, holding 581 million shares as of the end of the second quarter [9]