Mei Ri Jing Ji Xin Wen·2025-09-10 07:45Group 1 - The technology sector in the A-share market has rebounded after a period of adjustment, with the computing power sector leading the way, highlighted by Industrial Fulian reaching a market value of 1.07 trillion yuan [1] - The approval of a private placement plan by Cambricon Technologies has acted as a catalyst for the recovery of the technology sector, with the stock rising 3.66% and regaining its 20-day moving average [1] - The adjustment in the weight of Cambricon in the Sci-Tech 50 index, from 15% to 10%, has led to passive reductions in holdings by index funds, contributing to the overall sector adjustment [1] Group 2 - The chief economist at Founder Securities, Yan Xiang, emphasizes that growth remains the main direction of the market, despite discussions about a potential shift in the main line of the A-share market [2] - Historical examples of main line shifts in the A-share market include transitions from technology to cyclical stocks in 2000 and from consumer stocks to resource stocks in 2007, driven by changes in economic conditions [3][4] - Yan Xiang notes that the current market environment suggests a significant shift in the main line since July, with the technology sector, particularly information technology, becoming the leading sector [5][6]