Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index down 0.93%, Shenzhen Component down 0.26%, and the ChiNext Index up 0.64% as of midday trading [1] - The total trading volume in the three major markets reached 1,096.1 billion yuan, an increase of 108.7 billion yuan compared to the previous day [1] Sector Performance - The computing power hardware sector experienced a collective surge, particularly in CPO and liquid cooling server directions, with stocks like New Yisheng hitting the daily limit and reaching historical highs [2] - The photovoltaic, coal, electricity, and real estate sectors showed weakness, with stocks like Yamaton hitting the daily limit down [2] Notable Stocks - Stocks with significant upward movement included: - New Yisheng with a 20% increase [2] - Bohui Co. and Fangsheng Co. also saw over 10% gains in the liquid cooling server sector [2] - The real estate sector faced declines, with Greenland Holdings hitting the daily limit down [2] Hot Topics - The "反内卷" (anti-involution) policy is gaining traction, with 16 stocks in related sectors hitting the daily limit, indicating a potential structural bull market driven by a shift from price competition to value and technology competition [11] - The innovation drug sector is set for changes with the 2025 national basic medical insurance drug list adjustment, focusing on areas with insufficient coverage, such as pediatric and rare disease medications [12] Strategic Collaborations - A strategic partnership was formed between Beijing Humanoid Robot Innovation Center and Li Ning Group to establish the first humanoid robot sports science joint laboratory in Beijing [13]