As of the close, the Shanghai Index rose by 0.06% to 3395.41 points, the Shenzhen Component Index rose by 0.77%, the Chinext Price Index rose by 0.71%, and the Microplate Stock Index rose by 2.21%.
The major A-share indices collectively rebounded in the morning session, and by the close, the Shanghai index rose by 0.06% to 3395.41 points, the Shenzhen index rose by 0.77%, the Chinext Price Index rose by 0.71%, and the micro-cap stock index increased by 2.21%. The total turnover for the All Market in half a day was 770.5 billion yuan, a decrease of 99.6 billion yuan from the previous day, with over 4200 stocks rising.
On the market, the high-speed copper connector sector saw another surge, with Kingsignal Technology, Broadex Technologies, Anhui Xinke New Materials, and other stocks hitting the limit-up; the Consumer Electronics sector strengthened as a whole, led by AI PC and AI glasses concepts with Shenzhen Baoming Technology and Shenzhen Rapoo Technology hitting the limit-up, while Skyworth Digital set a new stage high during the session; the WeChat small shop concept remained active, with Shenzhen Sea Star Technology achieving six consecutive limit-ups and Kaichun Shares and Zhongbai Holdings Group hitting the limit-up. Bank stocks, which have been rising for several days, collectively adjusted, with Bank Of Zhengzhou falling nearly 2% leading the decline, while several stocks like Bank Of Ningbo and Bank Of Communications fell over 1%.
The high-speed copper connector sector saw another explosion with Broadex Technologies hitting the limit-up at 20CM.
Kingsignal Technology and Broadex Technologies both hit the limit-up at 20CM, Zhejiang Zhaolong Interconnect Technology rose over 17% to set a new high, and Anhui Xinke New Materials, Shenzhen Woer Heat-shrinkable Material, Baosheng Science And Technology Innovation, Dongguan Mentech Optical & Magnetic, and Shenzhen Deren Electronic also hit the limit-up. According to reports, LightCounting expects the sales of high-speed cable AEC/DAC to more than double in the next five years, reaching 6.7 billion dollars by 2029. Manufacturers like NVIDIA and Amazon have already adopted high-speed copper connections for short-distance interconnections. LightCounting's forecast also includes an estimate of over 10 million units for the 3.2T optoelectronic co-packaged port CPO by 2029. Currently, leading chip manufacturers like NVIDIA and Broadcom are recommending the CPO packaging technology route, and relevant optical device and copper connector suppliers continue to benefit from AI development.
The Consumer Electronics sector collectively strengthened with AI PC and AI glasses concepts leading the rise.
Shenzhen Baoming Technology and Shenzhen Rapoo Technology hit the daily limit, while Skyworth Digital once rose nearly 6% during trading, reaching a new high since June 2023. ZTE rose over 7%, reaching a new high since August last year. On the news front, Foxconn announced on December 24 that it would partner with Porotech to enter the ultra-thin AR glasses market and plans to establish a Micro LED wafer process production line in Taichung, expected to go into mass production in the fourth quarter of next year to meet the future product-related demands of mainstream global customers. Considering Foxconn's current main clients are Apple and NVIDIA, the industry judges that Foxconn is preparing for Apple's upcoming ultra-thin AR glasses and even the hot AI glasses, indicating that Apple or NVIDIA may be driving the production of AI glasses.
The concept of WeChat mini-stores remains active, with Shenzhen Sea Star Technology achieving six consecutive limit ups.
Shenzhen Sea Star Technology achieved six consecutive limit ups, while Kaichun Holdings and Zhongbai Holdings Group hit the daily limit, and Guangdong SACA Precision Manufacturing and Hangzhou Onechance Tech Corp. rose over 5%.
Bank stocks, which have been rising for several days, collectively corrected, with Bank Of Zhengzhou falling over 2%.
Bank Of Zhengzhou fell nearly 2%, leading the decline, while stocks such as Ruifeng Bank, Bank Of Ningbo, China CITIC Bank Corporation, Bank Of Communications, and Bank Of Chengdu fell over 1%.