Overview: ① The outbreak of science and technology new shares yesterday is still the focus of today's observation, whether it can be further strengthened. ② Core targets such as Shanghai Belling and Shenzhen Mason technology in the semiconductor sector are relatively weak. Whether they can receive fund inflows today is also critical. ③ Against the backdrop of the decline of some high-priced stocks yesterday, whether a new round of money-making cycle can be opened subsequently is still uncertain.

Yesterday, the market continued to differentiate and consolidate. The new shares in the Science and Technology Innovation Board broke out collectively, and the Apple and consumer electronics sectors continued to strengthen, while the robot concept was also active in the intraday trading. Without a doubt, the technology sector is still the leading main line in the current market. However, it should be noted that in the current unfavorable situation where the index is still maintaining a pattern of shock and decline, it is still difficult to achieve sustained profitability.

Looking at the market, the semiconductor chip sector is still active. Among them, the individual stocks listed on the Science and Technology Innovation Board are significantly more powerful, with multiple stocks rising by the limit of 20 cm. On the one hand, yesterday was the fifth anniversary of the opening of the Science and Technology Innovation Board, and the market expected relevant policies to be introduced subsequently, while on the other hand, the advantage of the small market capitalization and low position of new shares in science and technology innovation still means it is an area with less resistance. So, in essence, the outbreak of new shares in science and technology innovation yesterday is somewhat similar to the situation of the BSE market last year, both belong to the group speculation in a weak environment for funds.

However, looking at the overall semiconductor sector, the performance of core targets such as Shanghai Belling, Shenzhen Mason technology, and Semiconductor Manufacturing International Corporation was relatively weak yesterday, which is not a positive signal. If funds cannot flow back to the above-mentioned core targets in a timely manner today, the differentiation within the semiconductor sector may further intensify.

Consumer electronics, Apple concept, AI PC mobile phones, and other sectors also have continuity with the rebound. The core driving force of recent consumer electronics is still mirrored in the US stock market. Under the expectation of interest rate cuts, the valuations of US technology stocks have been continuously pushed up, with the market capitalization of several major US technology giants hitting new highs time and again. But looking back at the A-share market, consumer electronics still lacks a high-identifiability leader; instead, it tends towards oversold rebounds.

Returning to the short-term speculative level, the diving of popular stocks Jiangsu Xiehe Electronic and Jiangsu Zhengdan Chemical Industry in the afternoon of yesterday is undoubtedly the focus of the market's attention. In fact, the two stocks represent two different speculative ecologies. Xiehe Electronic successfully broke through the space suppression of the 5-grid in the current rise, and it led to an improvement in emotions, while Zhengdan Chemical Industry is more of a benchmark for the trend of 20 cm speculation. The successive decline of these two stocks can also be viewed as a switch of funds from high to low. In addition, today's market can also observe the market feedback of two individual stocks, Hangzhou Innover technology and Zhejiang East Crystal Electronic, which had a supply gap yesterday. If these stocks can show premiums, then there is still hope for a certain degree of repair in today's short-term emotion.