A-shares closed higher: Shanghai Composite +1.28%, Shenzhen Composite Index +3.02%, ChiNext +3.93%. Turnover across Shanghai and Shenzhen totaled 2.64 trillion yuan, down ~152.4 billion yuan from yesterday; about 3,300 stocks rose, 2,000 fell. Compute-hardware themes led gains: MLCC names extended afternoon strength with Lihexing up to the 20% daily limit and Fenghua Hi‑Tech, Dongcai Technology and Boqian New Materials also limit‑up; semiconductor names strengthened with multiple stocks hitting

A-shares closed higher: Shanghai Composite +1.28%, Shenzhen Composite Index +3.02%, ChiNext +3.93%. Turnover across Shanghai and Shenzhen totaled 2.64 trillion yuan, down ~152.4 billion yuan from yesterday; about 3,300 stocks rose, 2,000 fell. Compute-hardware themes led gains: MLCC names extended afternoon strength with Lihexing up to the 20% daily limit and Fenghua Hi‑Tech, Dongcai Technology and Boqian New Materials also limit‑up; semiconductor names strengthened with multiple stocks hitting the 20% limit. CPO concept firms rose — Taichen Guang jumped >18%, Hengtong Optic hit limit, Xinyisheng gained >8%. Energy metals surged, with Shengxin Lithium limit‑up. Other outperformers included PCB, optical fiber, OLED, helium, liquid-cooling and glass-substrate plays. Lagging sectors included coal, oilfield services, tax-refund retail, baijiu, property developers and livestock.