The market staged a recovery throughout the day, with all three major indices closing with modest gains. Trading volume on the Shanghai and Shenzhen stock exchanges totaled 1.19 trillion yuan. The computing power hardware sector shone brightly, with stocks like Shanghai Electric hitting their daily trading limit. Additionally, military industrial stocks exhibited a trend of volatile gains, notably with Beifang Changlong reaching a 20% daily limit. AI glasses concept stocks were also active, with Biyi shares touching their daily trading limit. Conversely, the rare earth permanent magnet sector faltered, with Zhongke Ciye shedding over 10%.
Looking at sectoral performance, PCB, CPO, military equipment, and AI glasses were among the top gainers. On the flip side, beauty care, glyphosate, rare earth permanent magnets, and brain-computer interfaces saw significant declines. By the end of trading, the Shanghai Composite Index edged up 0.04%, the Shenzhen Component Index gained 0.24%, and the ChiNext Index advanced 0.23%.