A-Share Close: STAR 50 Index Surges Nearly 10%; Shanghai and Shenzhen Combined Turnover Returns to 2 Trillion Yuan

November 4 — According to Cailian Press, the market rebounded quickly in the afternoon, with the STAR 50 Index up nearly 10% and the ChiNext Index up more than 6%. Semiconductor sector ETFs surged collectively, with the Bosera Semiconductor ETF (159582), the China Merchants Fund Semiconductor Equipment ETF (561980) and others hitting their limit-up. Combined turnover in the Shanghai and Shenzhen markets reached 2.04 trillion yuan, 334.3 billion yuan more than the previous trading day. More than 4,600 stocks across the market rose, with over 100 hitting limit-up.

On the board, hot spots rotated rapidly. The semiconductor supply chain surged: Jingyi Equipment, Tuolunsi, Accotest, Qiangyi and Jiangfeng Electronics hit the 20% limit-up, while NAURA Technology, Tongfu Microelectronics and Jinhaitong hit limit-up. In precious metals, Xiaocheng Technology hit the 20% limit-up, while Shanjin International Gold, Zhaojin Gold, Sichuan Gold, Chifeng Gold and Shengda Resources hit limit-up. Innovative drug and CRO concepts fluctuated higher, with Jinling Pharmaceutical, WuXi AppTec and Asymchem hitting limit-up. Computing power hardware stocks rebounded in the afternoon, with Eoptolink, Innolight and Everbright Photonics up more than 10%. Robotics and physical AI concepts were active: Yongzhen posted a second consecutive limit-up, Fulai New Materials and Zhongma Transmission hit limit-up, and Suochen Technology hit the 20% limit-up. On the downside, the "Yang" group of stocks weakened collectively, with Aoyang Health, Yankon Lighting, Sunshine Dairy and Baiyang hitting limit-down. At the close, the Shanghai Composite Index was up 2.16%, the Shenzhen Component Index up 4.22% and the ChiNext Index up 6.4%.