Market Overview - The A-share market saw all major indices rise today, with the Shanghai Composite Index up by 0.45% closing at 3633.99 points, the Shenzhen Component Index up by 0.64% at 11177.78 points, and the ChiNext Index up by 0.66% at 2358.95 points [2][14] - The total trading volume in the Shanghai and Shenzhen markets reached 17341 billion, an increase of 1380 billion compared to the previous trading day [2] Industry Performance - Most of the Shenwan first-level industries experienced gains today, with the defense and military industry leading the way with a rise of 3.07%, followed by machinery equipment at 1.98%, coal at 1.89%, textile and apparel at 1.36%, and computer industry at 1.30% [2][16] - Conversely, the pharmaceutical and biological, construction materials, commercial retail, social services, and banking industries saw declines, with decreases of 0.65%, 0.23%, 0.23%, 0.19%, and 0.14% respectively [2][16] Sector Highlights - The top-performing concept sectors included continuous boards, the top ten military industrial groups, aircraft carriers, robotics, military-civilian integration, coal mining, industrial internet, chemical fibers, sensors, and machine vision [3] - Notable declines were observed in sectors such as Tibet revitalization, anti-cancer, and CRO [3]

Market Overview - The A-share market saw all major indices rise today, with the Shanghai Composite Index up by 0.45% closing at 3633.99 points, the Shenzhen Component Index up by 0.64% at 11177.78 points, and the ChiNext Index up by 0.66% at 2358.95 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 17341 billion yuan, an increase of 1380 billion yuan compared to the previous trading day [1] Industry Performance - Most of the Shenwan first-level industries experienced gains today, with the leading sectors being defense and military, machinery and equipment, coal, textile and apparel, and computer industries, which rose by 3.07%, 1.98%, 1.89%, 1.36%, and 1.30% respectively [1] - Conversely, the pharmaceutical and biological, building materials, commercial retail, social services, and banking sectors saw declines, with decreases of 0.65%, 0.23%, 0.23%, 0.19%, and 0.14% respectively [1] Concept Sector Performance - The top-performing concept sectors today included continuous boards, top ten military industrial groups, aircraft carriers, robots, and military-civilian integration, among others [2] - Notable declines were observed in sectors such as Tibet revitalization, anti-cancer, and CRO [11]

Market Overview - The main indices showed slight declines today, with the Shanghai Composite Index down by 0.37%, the Shenzhen Component down by 0.17%, and the ChiNext Index down by 0.24% [1] - Among the Shenwan first-level industries, Environmental Protection, Media, and Light Industry Manufacturing performed well, while Communication, Comprehensive, and Electronics lagged behind [1] Concept Sector Performance - Overall, the Animal Vaccine, First Board, and Online Education concepts performed relatively well [1] - In contrast, the Rare Earth, Circuit Board, and the Top Ten Military Industry Group concepts showed weaker performance [1]

Market Overview - The A-share market showed a positive trend today, with major indices mostly rising. The Shanghai Composite Index increased by 0.37% to close at 3516.83 points, while the Shenzhen Component rose by 1.43% to 10873.62 points. The ChiNext Index saw a gain of 1.75%, closing at 2269.33 points, and the Sci-Tech 50 Index increased by 0.80% to 1005.65 points. Overall, 3535 stocks rose, 1609 fell, and 271 remained unchanged, with a total trading volume of 15,394 billion yuan, an increase of 973 billion yuan from the previous trading day [1][2]. Industry Performance - Among the Shenwan first-level industries, the leading sectors included defense and military, communication, electronics, pharmaceutical and biological, and comprehensive industries, with respective gains of 2.74%, 2.41%, 2.18%, 1.77%, and 1.42%. Conversely, the banking, transportation, environmental protection, public utilities, and construction decoration sectors experienced declines, with losses of 0.42%, 0.39%, 0.26%, 0.24%, and 0.19% respectively [1][2]. Concept Sector Performance - The top-performing concept sectors today included circuit boards, CRO (Contract Research Organization), innovative drugs, aircraft carriers, first boards, medical services, board trading, large aircraft, continuous boards, wireless charging, the top ten military industrial groups, biological vaccines, photoresist, consumer electronics OEM, and 5G [2].

- The report tracks the market trend by monitoring stocks, industries, and sectors that have reached new highs, using a 250-day high distance metric[11][12][13] - The 250-day high distance is calculated as: $ 250 \text{ day high distance} = 1 - \frac{Closet}{ts\_max(Close, 250)} $ where Closet is the latest closing price and ts_max(Close, 250) is the maximum closing price in the past 250 trading days[11] - As of June 27, 2025, the 250-day high distances for major indices are: Shanghai Composite Index 1.88%, Shenzhen Component Index 9.71%, CSI 300 7.86%, CSI 500 7.38%, CSI 1000 5.07%, CSI 2000 1.91%, ChiNext Index 16.70%, and STAR 50 Index 12.30%[12][13] - The report identifies 832 stocks that reached a 250-day high in the past 20 trading days, with the highest numbers in the pharmaceutical, basic chemicals, and machinery industries[19][20] - The report also tracks "stable new high stocks" based on analyst attention, relative stock strength, trend continuity, price path stability, and new high sustainability, selecting 32 stocks such as Shenghong Technology, Shijia Photon, and Giant Network[26][28][29] - The selected stable new high stocks are mainly from the technology and large financial sectors, with the technology sector having the most new highs in the electronics industry and the large financial sector having the most new highs in the banking industry[29][30][32]

Market Overview - The A-share market saw all major indices rise today, with the Shanghai Composite Index up by 0.82% closing at 3369.24 points, the Shenzhen Component Index up by 1.72% at 10301.16 points, and the ChiNext Index up by 2.63% at 2064.71 points [1][12] - The total trading volume in the Shanghai and Shenzhen markets reached 1.3084 trillion yuan, an increase of approximately 116.4 billion yuan compared to the previous trading day [1] Industry Performance - Among the Shenwan first-level industries, the leading sectors included defense and military, electric equipment, machinery, non-bank financials, and automotive, with gains of 4.80%, 2.69%, 2.24%, 2.08%, and 1.91% respectively [1][12] - The sectors that experienced declines were agriculture, forestry, animal husbandry, and fishery, pharmaceuticals, public utilities, and beauty care, with decreases of 0.49%, 0.27%, 0.26%, and 0.04% respectively [1] Concept Sectors - The top-performing concept sectors included aircraft carriers, top ten military industrial groups, large aircraft, stock trading software, military-civilian integration, TWS headsets, wireless charging, satellite internet, and satellite navigation [2][11] - Conversely, sectors such as gold and jewelry, generic drugs, and biological breeding experienced pullbacks [11]