突然，暴涨120%！多个板块，集体沸腾！发生了什么？

Core Viewpoint - The steel sector in both Hong Kong and A-shares experienced significant gains, driven by policy changes aimed at phasing out outdated production capacity and the abolition of certain regulatory frameworks, which attracted speculative investments [1][5]. Group 1: Steel Sector Performance - Hong Kong steel stocks saw substantial increases, with Chongqing Steel rising over 120%, Ansteel up over 30%, and Maanshan Steel increasing by more than 20% [1][2]. - The A-share steel index surged nearly 4%, with several stocks, including Shengde Xintai and Chongqing Steel, hitting the daily limit [2][3]. - The average daily pig iron output remains high at 2.4229 million tons, and the funding availability rate for construction sites slightly increased to 59.11%, supporting steel demand [6]. Group 2: Policy and Market Dynamics - A recent high-level meeting emphasized the orderly exit of outdated production capacity, and the National Development and Reform Commission abolished several administrative normative documents related to clean production evaluation in industries like steel and nitrogen fertilizer [5][6]. - The steel industry is expected to benefit from improved demand due to supportive real estate policies and stable infrastructure investment, alongside tightening supply conditions [6]. Group 3: Related Sectors - The polysilicon futures contract surged to a limit increase, reaching 35,050 yuan per ton, with a 6.99% rise, while industrial silicon and glass futures also saw significant gains [4]. - The lithium sector is showing signs of recovery, with Ganfeng Lithium indicating that current lithium prices are at a low point, and market demand is expected to improve [7].