Venture(US:VEMLY) Xin Lang Cai Jing·2025-10-30 08:44Market Overview - The market experienced volatility with all three major indices showing a significant drop, particularly the ChiNext Index which fell nearly 2% and the Shanghai Composite Index dropping below 4000 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 2.42 trillion yuan, an increase of 165.6 billion yuan compared to the previous trading day [1] - A total of 4100 stocks in the market declined, indicating a broad-based sell-off [1] Sector Performance - The lithium mining sector showed strong performance, with Tianqi Lithium hitting the daily limit up [1][3] - Quantum technology stocks were notably active, with Shenzhou Information achieving consecutive gains and Geer Software performing well over six days [1][2] - The battery sector also saw gains, with companies like Shida Shenghua and Tianji Shares hitting the daily limit up [1][2] - The energy storage sector showed localized activity, with Tongrun Equipment achieving consecutive gains [1] - Conversely, computing hardware stocks collectively weakened, with Tianfu Communication and New Yisheng experiencing significant declines [1][5] - The gaming sector faced a sharp drop, with Giant Network nearing a limit down [1] Lithium Industry Insights - The lithium battery supply chain continues to strengthen, with multiple companies such as Penghui Energy and Tianji Shares hitting the daily limit up [2][3] - Since mid-September, the price of lithium hexafluorophosphate has been on a rapid upward trend, recently reaching an average spot price of 97,500 yuan per ton, with a daily increase of 4,500 yuan [2] Quantum Technology Developments - The quantum technology sector is gaining traction, driven by NVIDIA's launch of NVQLink, which connects quantum computing with GPU computing for enhanced performance [2] - The Chinese government's "14th Five-Year Plan" emphasizes the promotion of quantum technology as a new economic growth point [2] Individual Stock Movements - In the computing hardware sector, stocks like Tianfu Communication and New Yisheng fell over 10% and nearly 7% respectively, influenced by slower quarterly performance growth [5] - Despite the downturn in computing hardware, quantum technology stocks maintained momentum, with Geer Software and Shenzhou Information showing strong performance [5] - The lithium sector remains a focal point for investment, with companies benefiting from rising lithium prices continuing to show strong trends [5] Future Market Outlook - The market is currently at a critical juncture, with major indices nearing their five-day moving averages, and the potential for continued upward movement if funds can maintain support [6] - The performance of previously leading sectors like computing hardware will be crucial for overall market sentiment moving forward [6] - The ability of the lithium and energy storage sectors to sustain their momentum will also be a key area of focus for investors [6]