The three major indices showed little presence in the early trading session today, fluctuating until the close with mixed gains and losses, but don’t be fooled by the indices—the main show is at the individual stock level. Over 3,700 stocks are up, and there are fewer declines; the two markets still carry that upward momentum.

The total turnover exceeded 1.77 trillion yuan, down 70.1 billion from yesterday, with large domestic institutional investors actually net selling 26 billion yuan. The median increase is 0.63%, indicating that the profit-taking effect is gradually differentiating.

There are many highlights on the market. While heavyweight stocks are a bit weak, thematic concepts are collectively gaining strength. Commercial aerospace is once again triggering a surge to daily limit, and the military industrial chain is exploding across the board—this wave is quite fierce. Nuclear fusion is also active and continuing to ferment. AI applications are even more explosive—concepts like Zhituo AI, short videos, and multimodal are taking turns to strengthen, with Huawei Ascend and domestic computing power concepts directly lifting stocks. Brain-computer interfaces are soaring again, and new industrialization is dancing along. The pharmaceutical, photovoltaic, and power industry chains are all gaining momentum, with hardly any stocks falling behind.