Today, the Shanghai Composite Index opened higher and fluctuated upward, rising by 0.3% at one point during the session to hit a new yearly high. PEEK material concept stocks surged for the third consecutive day, while the liquid cooling server concept remained active. Apple's supply chain followed the overnight gains of U.S. stocks. Meanwhile, the super hydropower concept continued to pull back, and the robotics concept also retreated. As of 10:00, the CSI A500 Index rose by 0.1%, with E Fund A500ETF (159361) recording a trading volume exceeding 300 million yuan and a net subscription of 18 million shares during the session.

Industrial Securities stated that the core logic supporting this round of market growth remains intact, and there are still many potential catalysts to boost market confidence in the future. A new round of market growth could start at any time. Whether it’s the catalyst from industry trends like the release of GPT5 in August, the outcome of U.S.-China trade talks, or the long-term domestic narratives supported by events such as the military parade on September 3 and the "15th Five-Year Plan" meeting in October, the market is currently reacting more positively to policies and events that favor risk appetite.

The CSI A500 Index consists of 500 stocks with large market capitalizations and good liquidity across various sectors, reflecting the overall performance of the most representative stocks in each industry. Sectors like electronics, power equipment, and pharmaceuticals have higher weightings, achieving dual-driven growth of "core assets" and "new quality productive forces." E Fund A500ETF (159361) has an annual management fee of only 0.15%, helping investors allocate A-share core assets at a low cost.