Today, the A-share market welcomed a strong pump, with all three major indices showing gains. Among them, the Shanghai Composite Index performed particularly well, reaching a high of 3740.5 points during the session, marking a new high in nearly a decade. This rise brought the Shanghai Composite Index back to its highest point since August 21, 2015. At the same time, the Shenzhen Component Index and the ChiNext Index also broke through the highest points of last year's "924" market.



As of the midday close, the Shanghai Composite Index has risen by 1.18%, the Shenzhen Component Index has increased by 2.25%, and the ChiNext Index has seen a significant pump of 3.63%. Market hotspots are concentrated in technology-related sectors, especially with impressive performances from computing power concept stocks. Liquid cooling technology and CPO (Cloud Processing Unit) concept stocks continue to rise, with Shuguang Shuchuang's increase exceeding 27%, and several stocks such as Gaolan Co., Qiangrui Technology, and Dekeli have all hit the daily limit up. The Kirin battery sector within the new energy concept also shows strong momentum, with Kecang Energy's rise surpassing 13%.

Artificial intelligence-related concept stocks continue to attract funds, with AI corpus concepts maintaining their rise. Huace Film & TV and Mango Excellent Media both capped their gains at 20%. In addition, several sectors such as consumer electronics, film and television, shipbuilding, AI chips, Zhicheng AI, and PCB also show a good upward trend.

It is worth noting that the trading volume of the Shanghai and Shenzhen markets reached 1.72 trillion yuan this morning, an increase of 410 billion yuan compared to the previous trading day, indicating strong trading activity. The market overall showed a pattern of rising, with about 4,500 stocks rising and only 800 stocks falling. However, the main funds still showed a slight net outflow trend, with a net outflow amount of about 3 billion yuan.

The strong rise in this wave of market trend reflects investors' confidence in China's economic recovery and technological innovation. However, in the face of such rapid rise, investors also need to remain rational, pay attention to potential risk factors, and carry out appropriate risk management.
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RugResistantvip
· 15h ago
red flags spotted. volume/price action mismatch detected. stay frosty.
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ImpermanentPhilosophervip
· 08-20 01:16
Close your eyes and go all in!
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airdrop_whisperervip
· 08-18 13:14
Isn't it just a pig-killing game?
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SchrodingerProfitvip
· 08-18 07:49
Small traders chasing the price suffer heavy losses with a Full Position fleeing

It finally showed, the first time seeing red in two years of stock trading.
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fren_with_benefitsvip
· 08-18 07:48
A little climax, huh?
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RumbleValidatorvip
· 08-18 07:43
Data is bullish, but the variable of market maker funds must be monitored.
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OnchainSnipervip
· 08-18 07:40
Didn't buy anything, so angry!
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BuyHighSellLowvip
· 08-18 07:33
Why didn't you enter a position? You're losing big.
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GateUser-1a2ed0b9vip
· 08-18 07:32
Is it another day for playing people for suckers?
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