A-share market closing review: Chinese assets collectively surged, with the Shuangchuang Index up more than 5%! The "dual mainline" of A shares is back.

On June 15, the Chinese asset class collectively surged. In terms of A shares, the indices opened higher across the board. By the close of trading, the Shanghai Composite Index rose by 1.61%, the Shenzhen Component Index rose by 3.79%, the ChiNext Index rose by 5.3%, and the Sci-Tech Innovation 50 Index rose by 5.12%. Over 3900 individual stocks in the market saw gains, with over a hundred stocks hitting their daily limit up. The total turnover in the Shanghai and Shenzhen markets was 3.03 trillion yuan, a decrease of 183.8 billion yuan from the previous trading day. In terms of Hong Kong stocks, the Hang Seng Index opened higher and rose by 0.56% by the time of publication, while the Hang Seng TECH Index rose by 1.15%. The FTSE China A50 Index futures rose by 1.24% during trading. In terms of the market, there was a return to the previous "technology + nonferrous metals" dual theme combination. In the technology sector, PCB, optical module, electronic chemicals, and advanced packaging sectors saw significant gains. Within the nonferrous metals sector, precious metals and minor metals saw substantial increases. The concept of PCB saw a significant rise, with over 20 stocks such as Epoxy Base Electronic Material Corporation and Jinan Shengquan Group Share Holding hitting their daily limit up. The CPO concept continued to strengthen, with companies like Focuslight Technologies Inc. hitting the limit up. There was also a surge in the major financial sector, with companies like BOC International seeing consecutive limit up movements. The nonferrous metals sector was active, with companies like Zhaojin International Gold and Jiangxi Copper hitting consecutive limit ups. On the downside, there was a slight decline in the coal sector, a significant drop in the pork and farming sectors, a fluctuation and decrease in the oil and gas industry chain, a collective decline in bank stocks, and a weakening in consumer stocks such as food processing and beer. Additionally, sectors like innovative drugs, real estate, and agricultural chemical products performed poorly. Looking ahead, GF SEC believes that based on recent changes, signals of a new emotional cycle bottom in the market have emerged. The market's emotional indicator is near the 0% percentile, the deviation of popular industries' moving averages has been absorbed, and the market has reached the 100-day moving average. As the mid-year reporting period approaches, the profitability gap between traditional and emerging industries may widen further. In addition to AI, there are other potential directions worth paying attention to such as nonferrous metals, energy storage, and innovative drugs. Popular sectors: 1. The concept of PCB saw significant gains, with companies like Epoxy Base Electronic Material Corporation and Jinan Shengquan Group Share Holding hitting daily limits. 2. The CPO concept continued to strengthen, with companies like Focuslight Technologies Inc. and others hitting the limit up. 3. The major financial sector saw significant movements, with companies like BOC International seeing consecutive limit ups. 4. The concept of precious metals was active, with companies like Zhaojin International Gold, Xiamen Tungsten, and Jiangxi Copper hitting consecutive limit ups. Institutional views: Huaan: Industry opportunities return to the main thread, computing power chain better than storage chain Founder: The second important buying point of the year has arrived GF SEC: Signals of a new emotional cycle bottom in the market have emerged Sinolink: The overall direction of narrowing financial assets has not changed, proactive defense and structural switching remain the focus The article was originally published on Tencent's stock selection platform and was edited by Jiang Yuanhua for GMTEight.