Summary: The Shanghai Composite Index opened lower and closed higher, increasing by 0.73% to a new 10-year high. Nearly 4000 stocks in the whole market rose.

The three major indexes of A shares all rose collectively today. As of the close, the Shanghai Composite Index rose by 0.73%, the Shenzhen Component Index rose by 1.78%, the ChiNext Index rose by 2.55%, and the BCI 50 rose by 2.62%. The total trading volume in Shanghai, Shenzhen, and Beijing exceeded 2.0657 trillion yuan for the whole day, an increase of 100.9 billion yuan compared to the previous day. Nearly 4,000 stocks in the entire market rose. In terms of sector themes, the battery industry chain, non-ferrous metals, silicone, Fujian, storage chips, photovoltaic equipment, and liquid-cooled server sectors performed well, while the oil and gas exploration and services, highway and railway transportation, and banking sectors lagged behind. On the market, the battery industry chain surged, with electrolyte leading the gains. Stocks like Visionox, SITC International Holdings, YingLi Green Energy Holding, Robert Bosch Engineering and Business Solutions, and Fu Yan Holdings all hit their daily limit up. Ningde Times even rose by 9% intraday. The non-ferrous metals sector collectively strengthened, with stocks like Xingye Xiangyun Tin, Guocheng Mining, and Shengtun Mining all hitting their daily limit up. Towards the end of the day, Alibaba Cloud-related stocks rose, with Data Harbor hitting its daily limit up, while Hangang Group, Copper Bull Information, and Yunsei Zhilian followed suit. In addition, multiple sectors including storage chips, photovoltaic equipment, and silicone saw increases during the day. On the other hand, certain oil and gas stocks experienced partial adjustments, with stocks like ZhenOIL, CNOOC, and Tongyuanyan Petroleum declining. The banking sector also experienced a pullback, with stocks like Chongqing Rural Commercial Bank, Changsha Bank, and Postal Savings Bank of China declining.