Market Performance - A-shares experienced a significant increase on August 13, with the Shanghai Composite Index breaking the 2024 high, reaching its highest point in over three years [1] - The market saw a total trading volume exceeding 2.1 trillion yuan, marking the highest level in over five months [1] - The Shanghai Composite Index closed at 3683.46 points, while the Shenzhen Component Index and the ChiNext Index also reached new highs for 2024 [1] Sector Performance - Technology sectors, including optical chips, cultivated diamonds, and liquid-cooled servers, showed strong performance, with the telecommunications, non-ferrous metals, and electronics industries leading the gains [2] - The telecommunications sector rose by 4.91%, non-ferrous metals by 2.37%, and electronics by 2.01%, while banking, coal, and food and beverage sectors experienced declines [2] Capital Inflow - There was a notable influx of funds from margin trading, with the A-share margin trading balance reaching 20,261.98 billion yuan, the highest since July 2, 2015 [2] - Since May, the financing balance in A-shares has increased by 2,446.73 billion yuan, indicating a strong capital inflow into the market [2] Market Drivers - The rise in the Shanghai Composite Index is attributed to three main factors: ample liquidity driving market growth, effective policy implementation boosting investor confidence, and reduced external disturbances [2]