Closing summary: The Shanghai Composite Index opened lower but rose by 0.73% to hit a 10-year high, with nearly 4000 stocks in the entire market seeing gains.

Today, the three major stock indexes in A-shares collectively rose. As of the close, the Shanghai Composite Index rose by 0.73%, the Shenzhen Component Index rose by 1.78%, the ChiNext Index rose by 2.55%, and the BCI Index rose by 2.62%. The total turnover of Shanghai, Shenzhen and Beijing exceeded 2.0657 trillion yuan for the whole day, an increase of 100.9 billion yuan from the previous day. Nearly 4,000 stocks in the entire market rose. In terms of sector themes, the battery industry chain, non-ferrous metals, organic silicon, Fujian, storage chips, photovoltaic equipment, and liquid-cooled servers performed well; while oil and gas exploration and services, highway and railway transportation, and banking sectors lagged behind. On the market, the entire battery industry chain surged, with the electrolyte sector leading the way. More than 10 stocks including HaikexinYuan, HuaSheng Lithium Energy, Enjie Share, ShiDaShengHua, and Fengyuan Share hit the daily limit. Ningde Times surged as much as 9% intraday. The non-ferrous metals sector collectively strengthened, with Xingye Zinc Industry, Guocheng Mining, and Shengtuny Mining all rising by the daily limit. Alibaba Cloud-related stocks rose at the end of the day, with Data Harbor hitting the daily limit, followed by Hangang Steel, Tongniu Information, and Yunsai Zhilian. In addition, multiple sectors such as storage chips, photovoltaic equipment, and organic silicon rose during the day. On the other hand, some oil and gas stocks adjusted, with Zhunyi Share, CNOOC, and Tongyuan Petrochemical all falling. The banking sector also experienced a correction, with Chongqing Rural Commercial Bank, Changsha Bank, and Postal Savings Bank of China all falling.