中芯国际，成交115亿元，A股第一

Market Overview - Technology stocks experienced a pullback, with the semiconductor industry leading the decline. SMIC's A-shares fell by 8.82% with a trading volume of 11.5 billion yuan, following the announcement of a share issuance to acquire a 49% stake in SMIC North [3][5] - The Shanghai Composite Index decreased by 0.29%, the Shenzhen Component Index fell by 0.89%, and the ChiNext Index dropped by 1.77% [5] Sector Performance - The non-ferrous metals sector saw an increase, with Zijin Mining rising by 3.12%, reaching a historical high during trading [4] - Precious metals led the gains, with significant increases in stocks such as Xiaocheng Technology (up 17.11%) and Hengbang Shares (up 10.02%) [7][8] - Solid-state battery stocks continued to perform well, with companies like Ruida New Materials and Wukuang New Energy seeing substantial gains [12][14] Gold Market Insights - Gold prices strengthened, driven by three main factors: increased certainty of a Federal Reserve rate cut, market risk aversion due to U.S. stock volatility, and ongoing global central bank gold purchases [10][11] - The price of spot gold surpassed $3,650 per ounce, reaching a historical high [9] Investment Opportunities - The solid-state battery sector is gaining traction, with major manufacturers like CATL and EVE Energy focusing on this technology. The timeline for mass production is projected for 2027 [14][15] - Investment opportunities in the solid-state battery supply chain are highlighted, particularly in equipment manufacturing, as traditional lithium battery equipment differs significantly from solid-state technology [15]