Group 1: Norway Sovereign Fund's Divestment - Norges Bank Investment Management (NBIM) has completely divested from 11 Israeli stocks and terminated contracts with all external asset management firms in Israel [1][3] - Following the divestment, the fund retains shares in 50 Israeli companies that are still within the benchmark index, down from 61 [2] - CEO Nicolai Tangen stated that the divestment was a necessary measure in the context of ongoing conflicts, aligning with the Norwegian government's directive to exclude investments in companies involved in occupation or conflict [3][4] Group 2: Fund's Investment Strategy and Performance - NBIM's investment strategy is index-driven, with 70% of its assets allocated to equities and 27.7% to fixed income as of the end of Q1 2024 [5] - The fund's total size reached 18.52 trillion Norwegian Krone, with a reported loss of 0.6% in Q1 2024, approximately 415 billion Norwegian Krone, primarily due to the technology sector [5] - The fund's equity index includes 8,716 listed companies across 44 countries, with 57.1% of investments in North America and only 0.21% in Israel [4][5] Group 3: A-share Market Performance - The A-share market has reached new highs, with the Shanghai Composite Index rising 0.5% to 3,665.92 points, marking four consecutive days of gains [8] - The index is approaching the previous year's high of 3,674.4 points, indicating a long-term consolidation pattern between 3,650 and 3,730 points since September 2015 [8][10] - Despite the market's strong performance, corporate earnings have not yet shown signs of recovery, and the Producer Price Index (PPI) has recorded negative values for 34 consecutive months [10] Group 4: Technology Sector Surge - The technology sector has experienced significant gains, with AI chip leader Cambrian Technology hitting a 20% limit up and Industrial Fulian rising 9.24%, both reaching historical highs [18][20] - Various technology-themed ETFs have also performed well, with notable increases in the AI hardware sector [18][20] - Market catalysts include rumors of increased procurement by Cambrian Technology and the upcoming release of AI-related products by major companies like Huawei [22]