A-share market express at the opening bell: three major indexes collectively rose, the ChiNext50 index surged more than 2%, and the semiconductor industry chain continued to show strength.

On July 10, the three major A-share indexes showed strong gains. As of 9:42, the Shanghai Composite Index rose by 0.20%, the Shenzhen Component Index rose by 0.73%, the ChiNext Index opened 0.69% higher, and the Science and Technology Innovation 50 Index rose by 2.02%. In terms of the market, in the morning session, the advanced packaging concept surged again. Tianshui Huatian Technology hit the limit up, marking its 4th consecutive limit-up day and reaching a new historical high. Stocks such as Shenzhen S-king Intelligent Equipment, Shenzhen TXD Technology, Shenzhen Kaifa Technology, Zhejiang Langdi Group, and JCET Group Co., Ltd. also rose by over 5%. The CPO concept was active, with Cig Shanghai hitting the limit up, and other related stocks following suit. The PCB concept saw a volatile increase, with Pamica Technology Corporation hitting the limit up, and other stocks such as Shenzhen Xunjiexing Technology Corp., Avary Holding, Nanya New Material Technology, DELTON, and Goldenmax International rising as well. Looking ahead, EB SECURITIES believes that with the domestic liquidity environment remaining loose and support policies for hard technology continuing to be implemented, combined with the peak period of mid-year performance forecasts disclosure, the semiconductor industry chain's performance continues to exceed expectations. Funds are strengthening their holdings of hard technology stocks. However, extreme differentiation in most sectors may be difficult to change, and short-term structural market trends may still prevail. Highlighted Sectors: 1. Advanced packaging concept revisiting strength 2. CPO concept remaining active 3. PCB concept showing volatile rise Institutional Views: EB SECURITIES: The semiconductor industry chain's performance continues to exceed expectations, with funds strengthening their holdings of hard technology stocks. Short-term market trends may still be dominated by structural movements. Huatai: Internal suggestions in technology sector to avoid pure thematic and high-crowded directions, and focus on four clues. Sinolink: Semiconductor equipment demand on the rise, storage chip quantity and price increasing, global capital expenditures structurally increasing.