Summary: ChiNext opened high and rose by 3.04%. The collective outbreak of mining hardware stocks, with over 4500 individual stocks rising.

The index opened higher and continued to rise, with the Shenzhen Component Index up more than 2% and the Growth Enterprise Index up more than 3%. In terms of sectors, the CPO concept continued to strengthen in the afternoon, with Changguang Huaxin up by the daily limit and hitting a new high; the PCB concept rose sharply, with Zhongying Technology up by the daily limit; the pharmaceutical innovation sector rebounded, with Rongchang Biotechnology and Baolitianheng up by more than 10%; on the downside, oil and gas stocks continued to adjust, with Kele Shares falling by more than 10%; coal stocks fell, with China Coal Energy leading the decline; and the precious metals sector fluctuated, with Sichuan Gold leading the decline. Overall, individual stocks in the two markets showed a general upward trend, with over 4500 stocks rising. As of the close, the Shanghai Composite Index was at 4123.14 points, up 0.65%; the Shenzhen Component Index was at 14354.07 points, up 2.04%; and the Growth Enterprise Index was at 3306.14 points, up 3.04%. In terms of market performance, the components, CPO, and fiber optic concepts were at the forefront of gains, while the oil and gas exploration and services, combustible ice, and petroleum processing and trading sectors were at the forefront of declines.