Closing Review: Index rebounded with high trading volume, ChiNext surged 2.63%, military and technology stocks collectively skyrocketed.

On May 12th, the two cities rebounded with high trading volume, and the ChiNext Index closed up over 2%. In terms of sectors, military stocks continued to surge, with Seven-Feng Precision Engineering and Intelligence, Kunship Intelligent, AVIC Aircraft, and China Howtech all hitting their daily limit-up. The humanoid robot concept was strong, with Tosda, Sun Yeng Electronics, and Optoelectronics all hitting their limit-up. The consumer electronics sector strengthened, with Donie Electronics and Chaoyang Technology both hitting their limit-up. The gold concept adjusted, with Chaohongji and Western Gold leading the decline. Agricultural stocks collectively weakened, with Qule Seeds and Kongnung Seeds leading the decline. Pharmaceutical stocks went down, with Maiwei BioTech leading the decline with over 10%. Overall, individual stocks showed a general upward trend, with over 4,000 stocks rising. At the close, the Shanghai Composite Index was at 3369.24 points, up 0.82%; the Shenzhen Component Index was at 10301.16 points, up 1.72%; and the ChiNext Index was at 2064.71 points, up 2.63%. On the market, the CASC, AVIC concept, and military electronics sectors were the top gainers, while precious metals, agriculture and forestry, and recombinant protein sectors were the top losers.