Venture(US:VEMLY) Sou Hu Cai Jing·2025-09-11 09:22Market Overview - The market showed strong performance with major indices rebounding, with the ChiNext and Shenzhen Composite Index reaching new highs for the year. The total trading volume in the Shanghai and Shenzhen markets was 2.44 trillion, an increase of 459.6 billion from the previous trading day. The Shanghai Composite Index rose by 1.65%, the Shenzhen Composite Index by 3.36%, and the ChiNext Index by 5.15% [1]. Sector Performance - The computing hardware sector continued to strengthen, with stocks like Industrial Fulian hitting historical highs. Other notable performers included Jingwang Electronics, Shenghong Technology, and Dongshan Precision, all of which saw significant gains. The market sentiment was further boosted by OpenAI's agreement to purchase $300 billion worth of computing power from Oracle over five years, leading to a 36% surge in Oracle's stock price, adding approximately $250 billion to its market capitalization [2][3]. - Semiconductor stocks also performed well, with companies like Haiguang Information and New相微 reaching their daily limits. The semiconductor sector is experiencing an upward demand cycle, driven by AI as a core growth engine. Analysts noted improvements in power semiconductor profitability and strong performance in equipment and advanced packaging sectors [3][6]. Individual Stock Highlights - Over a hundred stocks saw gains of over 10%, particularly in the computing hardware sector, with Industrial Fulian achieving a market cap exceeding 1.17 trillion. The overall market's performance is heavily reliant on the strength of the computing hardware sector, which has shown consistent upward momentum [5]. - Despite the overall market rally, the enthusiasm for consecutive limit-up stocks remains low, with only 40% of stocks achieving consecutive gains. The market's profitability is concentrated in a few key stocks, suggesting potential opportunities for investors to buy into core stocks during market fluctuations [5]. Future Market Analysis - The three major indices are showing signs of continued strength, with the ChiNext and Shenzhen Composite Index reaching new highs. The trading volume has significantly increased, suggesting potential for further upward movement. However, the sustainability of this trend will depend on whether trading volumes can maintain an upward trajectory [7]. - The current rally is driven by AI computing and index synergy, but the high valuations of related stocks raise concerns about potential corrections. The ability of other sectors to take over leadership in the event of a pullback will be crucial for maintaining market momentum [7].