Core Viewpoint - The Shanghai Composite Index opened lower but rebounded, closing down 0.19%, while the Sci-Tech Innovation 50 Index rose by 1.4, indicating a mixed market performance with specific sectors showing strength [1]. Market Performance - Shanghai Composite Index: 3889.50, down 0.19% [2] - Shenzhen Component Index: 13231.47, down 0.93% [2] - Sci-Tech Innovation 50 Index: 1473.02, up 1.40% [2] - Other indices such as the CSI 300 and CSI 500 also showed slight declines [2]. Sector Performance - The self-controlled industrial chain experienced a significant surge, particularly in the rare earth permanent magnet sector, which saw a wave of limit-up trading [1]. - Strong performance was noted in sectors such as photolithography machines, lithium batteries, rare metals, and operating systems [1]. - Concepts related to nuclear fusion and solid-state batteries remained active [1]. - Conversely, sectors like robotics, consumer electronics, auto parts, and CRO concepts generally declined [1]. ETF Performance - The rare earth sector ETFs, such as E Fund and Fuguo Fund, surged over 7% [3]. - The non-ferrous metal sector ETFs also saw significant gains, with Huafu Fund's rare metal ETF rising by 6.82% and Jiashi Fund's by 6.55% [3]. - The semiconductor sector ETFs, including Huaxia Fund's Sci-Tech Semiconductor ETF, increased by 3.79% [3]. - In contrast, the innovative drug sector faced declines, with various healthcare ETFs dropping over 3% [3].

Group 1 - The Shanghai Composite Index rose by 0.86% at midday, with a total increase of 2.22%, reaching a three-year high [1] - The total trading volume in the Shanghai, Shenzhen, and Beijing markets was 21,019 billion, an increase of 5,713 billion compared to the previous day [1] - Over 2,800 stocks in the market experienced an increase [1] Group 2 - The rare earth sector led the gains, with the E Fund Rare Earth ETF rising over 6%, while the ETFs from Jiashan and Fortune Fund increased by 5.89% and 5.82% respectively [5] - The AI hardware sector continued its upward trend, with the Guotai and Fortune Fund Communication Equipment ETFs and the Guangfa Communication ETF all rising over 5% [5] - The real estate sector saw a rebound, with Vanke A hitting the daily limit, and the Silverhua Fund Real Estate ETF increasing by 4.6% [5] Group 3 - The semiconductor sector experienced a pullback, with the Fortune Fund's Sci-Tech 50 ETF dropping by 3.9%, and the Sci-Tech Chip Design ETF and Sci-Tech Chip ETF Index falling by 3.05% and 2.62% respectively [5]

Market Performance - The three major A-share indices collectively rose, with the Shanghai Composite Index increasing by 0.85%, reaching a 10-year high [1] - The North Star 50 surged by 6.79%, marking a historical peak, while the Shenzhen Component Index rose by 1.73% [1] - The total trading volume across the Shanghai, Shenzhen, and Beijing markets reached 28,091 billion yuan, an increase of 5,363 billion yuan from the previous day, making it the third highest in history [1] Sector Performance - Over 4,000 stocks in the market experienced gains, with strong leadership from sectors such as stock trading software, liquid cooling, rare earths, and CPO concepts [1] - The military industry and stablecoin concepts gained momentum in the afternoon session, while cyclical stocks like coal and non-ferrous metals generally underperformed the indices [1] ETF Performance - The rare earth sector saw significant gains, with ETFs such as E Fund and FT Fund rare earth ETFs rising by 6.31% and 6.22%, respectively [4] - The CPO sector experienced a breakout, with various AI-related ETFs on the ChiNext rising between 5.47% and 5.87% [4] - The film sector also saw a broad increase, with ETFs like Guotai Fund and Yinhua Fund film ETFs rising by 5.51% and 5.8% [4] - Conversely, the long-term treasury bonds faced declines, with 30-year treasury ETFs dropping by 1.2% [4]