A-share closing review | A-share volume shrinks rebound, ChiNext Index closes up 1.11%, solid-state battery sector rises before falling.

On November 13, A shares hit bottom and rebounded, with all three major indexes closing higher. As of the close, the Shanghai Composite Index rose by 0.51%, the Shenzhen Component Index rose by 0.40%, the ChiNext Index rose by 1.11%, and it fell nearly 2% at one point during trading. On the market, new energy sectors such as lithium batteries and energy storage rose in the afternoon, while sectors related to e-commerce, culture and media, short films, and AI applications like Sora all showed strength. Shanghai state-owned asset reform and local stocks were strong throughout the day, and alphabet-head sectors briefly surged. On the downside, the tourism sector saw significant declines, pharmaceutical stocks entered into adjustments, and the automotive industry chain collectively declined. Additionally, high-end stocks continued to plummet, with Nanfang Black Sesame Group and Shanghai Highly hitting their limit down. In terms of institutional views: - CITIC SEC: The market has reached the starting line for the annual level market, and may welcome 500 billion yuan in incremental funding next year. - EB SECURITIES: The trend of the index's upward movement has not changed. In terms of popular sectors: 1. Shanghai state-owned asset sector rose with multiple stocks hitting their limit up. 2. AI application sector showed strength with multiple stocks surging. 3. Solid-state battery sector surged and then fell back, with multiple stocks following suit. The article was translated from Chinese to English from Tencent Stock. Editor: Huang Xiaodong.