On July 21st, the integrated circuit sector exhibited a remarkable upswing, with all 45 constituent stocks registering gains. Notably, 19 of these stocks soared to their daily price limits. The total trading volume for the day soared to an impressive RMB 103.222 billion. This surge was primarily fueled by industry-wide news of product price hikes and capacity expansions, signifying a sustained upward trend in the market following a recovery in investor sentiment. Moving forward, it is advisable to closely monitor trading volumes and the performance of bellwether stocks within the sector, as these indicators will provide valuable insights into the sector's future trajectory.
