2 1 Shi Ji Jing Ji Bao Dao·2025-10-24 07:29Market Performance - A-shares experienced a strong rally on October 24, with the Shanghai Composite Index rising by 0.71% to reach 3950.31 points, marking a 10-year high [1][2] - The Shenzhen Component Index increased by 1.89%, while the ChiNext Index surged by 3.34% [1][2] - Total trading volume for the day was 1.99 trillion yuan, up from 1.66 trillion yuan the previous day, with over 3000 stocks closing in the green [1] Sector Performance - The semiconductor and storage sectors led the gains, with the storage chip concept seeing significant increases, including stocks like Puran and Xiangnong Chip rising by 20% [4][5] - The oil and gas extraction and ice and snow tourism sectors faced declines [4] - Notable stocks in the semiconductor sector included Jiangbolong and Bawei Storage, both rising over 10% [5][6] Key Stocks - Zhongji Xuchuang, a leader in the optical module sector, saw its stock price increase by over 12%, reaching a historical high of 494 yuan per share, with a cumulative increase of over 30% for the week [7][8] - Other significant gainers included Shenghong Technology and Yangguang Electric Power, both rising over 5% [7] Industry Trends - The domestic computing power industry is entering a phase of explosive growth, driven by increased capital expenditure from major companies and a consensus on domestic computing power [9] - The Ministry of Science and Technology emphasized the need for strengthening basic research and key core technology breakthroughs, particularly in high-end computing chips [9] - The national strategy for computing power is transitioning from expansion to deep integration with the real economy, which is expected to benefit the optical module sector [9][10]