Stock Market Review on the 22nd Day of the Twelfth Lunar Month in the Year of Jia Chen

The year is Jia Chen, and with the Lunar New Year’s Eve approaching, the Shanghai and Shenzhen stock markets are brimming with vitality. Today’s market trend saw a strong opening followed by an upward surge, akin to the swell of spring tides or the first rays of the morning sun. All three major indices closed with substantial gains, their momentum as vibrant as a rainbow, painting the entire market in prosperous hues.

岁在甲辰,时近除夕,沪深两市,万象维新。今之市况,乃高开高走之势,如春潮之奔涌,似旭日之初升。观夫三大指数,皆以长阳报收,气势如虹,满盘朱紫。

The State of the Indices, Majestic and Unfolding:

· Shanghai Composite Index: It reclaimed the 4,100-point threshold, closing at 4123.90, up 1.41%.
· Shenzhen Component Index: Its rise was even more pronounced, gaining 2.17% to finish at 14208.44.
· ChiNext Index: Serving as the vanguard, it surged 2.98%, reaching the level of 3332.77.

指数之况,波澜壮阔:
· 上证综指:克复四千一百关隘,终报四千一百二十三又九,升百分之一点四一。
· 深证成指:跃升尤猛,涨百分之二点一七,收于一万四千二百零八又四四。
· 创业板指:为三军之先锋,劲扬百分之二点九八,叩三千三百三十二又七七之城。

The Market’s Appearance, Robust and Vigorous:

· Trading Volume: Both markets collectively celebrated this rally, with the total turnover exceeding 2.27 trillion yuan—an increase of over 100 billion from the previous session—reflecting eager capital participation and a robust influx of liquidity.
· Performance of Individual Stocks: The rise was widespread and celebratory. More than 4,600 stocks advanced, while only slightly over 700 declined. Nearly a hundred stocks hit their daily upper limit (“涨停”), whereas those hitting the lower limit (“跌停”) were few, highlighting significant profitable opportunities.

市态之貌,如火如荼:
· 成交之量:两市共襄盛举,成交额逾二万二千七百亿元,较前日放量逾千亿,资金踊跃,活水浩荡。
· 个股之象:普天同庆,上涨之股逾四千六百,下跌者仅七百有余,涨停者近百,跌停者寥寥,赚钱之效显著。

Sector Dynamics, Where Winds and Clouds Converge:

· Leading Gainers: The technology theme flourished profoundly. Within the Artificial Intelligence sphere—from Sora concept stocks and short drama/gaming to AI training data and optical modules—sectors were highly sought after, with many constituent stocks reaching their daily limit-up. Photovoltaic equipment also served as a pillar, with leading stocks consecutively limit-up. Additionally, cultural media, communication equipment, and electronic chemicals, among others, were also among the top gainers.
· Underperforming Sectors: Only a few sectors such as mining and gas appeared relatively subdued, closing in negative territory, yet this did not hinder the overall positive momentum.

板块之变,风云际会:
· 领涨之师:科技之风大盛。人工智能一脉,自Sora概念、短剧游戏AI语料、光模块,皆受热捧,多股封于涨停。光伏设备亦为砥柱,龙头个股连板向上。此外,文化传媒、通信设备、电子化学品等,亦涨幅居前。
· 逆势之域:唯采掘行业与燃气等少数板块,略显低迷,绿盘报收,然无碍大局。

Key News and Institutional Views, Offering Valuable Insights:

· During the day, significant news related to inspections focused on scientific and technological innovation emerged, which may bolster long-term market confidence.
· Regarding the market outlook, some institutions suggest that the “pre-holiday momentum” effect is already manifesting, with funds returning to the market. Others argue that the main theme of the AI industrial revolution remains intact, presenting opportunities across both cyclical and growth sectors.

要闻与机构之见,可为镜鉴:
· 日内有要闻,关乎科技创新之巡视,或添市场长远信心。
· 机构观后市,或言“节前躁动”之效应已显,资金回暖;或论AI产业革命主线未改,周期成长皆有机会。

Epilogue:
On these final trading days before the New Year, a rising market bids farewell to the old year. Technology leads the trend, and the broad-based advance lifts spirits. However, the market’s path is ever-changing, with rises and falls following their own order; sector rotations shift, and profits or losses ultimately depend on one’s own actions. The wise observer should comprehend the broader trend while grasping the details, rejoice in the gains yet remain aware of the risks. Only then can one steady their vessel and navigate with composure upon the turbulent seas of the stock market.

乱曰:
腊尾交易日,红盘辞旧岁。科技引风潮,普涨振人心。然市道无常,涨跌有序;热点轮转,盈亏在人。智者当察大势而明细节,乐红盘亦知风险,方能在波涛汹涌之股海中,稳持舟楫,从容而行。

This splendid scene marks the grand conclusion as the Year of Jia Chen draws to a close, respectfully recorded here in classical prose for your enjoyment.

此甲辰年关收官之盛景,谨以古文记之,供君一哂。