Market Overview - The Shanghai Composite Index experienced narrow fluctuations around 3600 points, closing up 0.12% at 3597.94 points, while the Shenzhen Component Index rose 0.44% to 11217.58 points, and the ChiNext Index increased by 0.96% to 2362.6 points [1] - The total trading volume in the Shanghai and Shenzhen markets was 176.65 billion yuan, a decrease of 52 billion yuan from the previous day [1] Insurance Sector - The insurance sector saw significant gains, with New China Life Insurance rising nearly 5% to reach a historical high, and China Life, China Ping An increasing by approximately 3% [3][4] - The China Insurance Industry Association announced a reduction in the guaranteed interest rates for traditional life insurance products, which is expected to improve the liability costs and net investment returns for life insurance companies [4][5] Innovative Drug Sector - The innovative drug sector showed strong performance, with companies like Guangsheng Pharmaceutical rising nearly 14%, and Heng Rui Medicine, Hai Si Ke, and Lian Huan Pharmaceutical hitting the daily limit [7] - Heng Rui Medicine's total market capitalization exceeded 400 billion yuan, indicating robust investor interest [7] PCB Sector - The PCB (Printed Circuit Board) sector was active, with companies such as Fangbang Co., and Chipbond Technology hitting the daily limit of 20% increase, and Shenghong Technology rising over 17% to reach a historical high [11][12] - The demand for high-end PCBs is expected to grow rapidly due to AI computing needs, with a projected supply-demand ratio for global AI PCBs in 2026 ranging from 80% to 103%, indicating a tight supply situation [13]