Technology stocks lead the rise of A-shares, and structural trends continue to evolve.

On September 22, the A-share market experienced a volatile increase, with all three major indices rising across the board. Technology stocks led the market higher, with the Sci-Tech 50 Index rising by more than 3%. Sectors such as smart speakers, GPUs, AI computing power, and consumer electronics saw explosive growth. Over 2100 stocks in the entire A-share market rose, with more than 70 stocks hitting their daily limit up. Structural market trends continue. The market turnover was 2.14 trillion yuan, with turnover exceeding 2 trillion yuan for 29 consecutive trading days. On the funding side, the margin financing balance in the A-share market increased by over 46 billion yuan last week. On September 22, the net outflow of main funds in the Shanghai and Shenzhen stock markets exceeded 14 billion yuan. Analysts believe that the reasons driving the current round of bullish market in A-shares have not changed, with overseas liquidity continuing to improve and domestic fundamentals continuing to gather momentum upwards. In the medium term, the market is expected to continue shaking upwards.