Closing Review: The ChiNext Index hit bottom and rebounded by 1.41%, with storage chip and PCB concept stocks collectively surging.

The three major stock indexes in A-shares rose and fell differently today. As of the close, the Shanghai Composite Index fell by 0.26%, the Shenzhen Component Index rose by 0.19%, the ChiNext Index rose by 1.41%, and the Beixin 50 Index fell by 0.35%. The total turnover of the Shanghai and Shenzhen stock markets reached 2.3399 trillion yuan, a decrease of 77.4 billion yuan compared to the previous day, with more than 2800 individual stocks rising. In terms of sector themes, storage chips, port shipping, grain concepts, liquor, PET copper foil, PCB concepts, short video games, and cross-border payment sectors led the gains; while steel, precious metals, glyphosate, coal mining and processing, electricity, energy metals, minor metals, epoxy propane, and phosphate chemicals sectors led the declines. On the market, the "super cycle of storage" continued to play out, with the storage chip sector rising sharply in the afternoon, with Baiwei Storage and Huahong Company rising by over 10%, and Zexin Innovation and other stocks hitting limit up. Tensions in the Middle East have increased, with a sharp increase in container freight rerouting, fuel price increases driving freight rates up. The port shipping sector also rose in the afternoon, with China Merchants South Oil harvesting a limit up, and China COSCO Shipping leading the gains. The theme of PCB and copper foil stocks performed well at the NVIDIA GTC 2026 conference, with Shanghai Electric shares and Shenghong Technology shares rising. In addition, the liquor, grain, and cross-border payment sectors also showed anomalies. On the other hand, several chemical stocks experienced profit-taking, with Wanhua Chemical, China Chemical, and Hongbaoli leading the declines. Gold, non-ferrous metals, and other resource cyclical stocks also performed poorly, with Shandong Gold International, Western Gold, and Yunnan Copper Mining all declining.