A-Share Midday Review: Three Major Indices Surge, Shenzhen Component Index Hits New High

　　Glorious August 21st｜A-share three major indices surge, as of midday, the Shanghai Composite Index rose 0.35% to 3779.52 points, breaking new highs for nearly a decade; the Shenzhen Component Index rose 0.45%, and the ChiNext Index rose 0.21%; the Northbound 50 Index fell 0.96%. The combined trading volume of the Shanghai, Shenzhen, and Hong Kong markets reached ¥15,912 billion, an increase of ¥562 billion from the previous day, with over 2,500 stocks rising.

　　On the market, the shale gas board led the gains, with Xinjing Power rising nearly 9%, Shencai Holdings rising over 7%, and China's research team achieving significant breakthroughs in large-scale utilization of "shale gas". The oil and gas extraction and service board continued to rise, with Zhunyu Shares hitting a new high, Kaili Shares rising over 6%, and China's adjustment to the petroleum refining industry solved the problem of excess capacity. Digital currency concept stocks were active, with Zhongyou Capital, Tianrong Trust, and Beijing Northbound rising; power stocks rose strongly, with Shangma Energy rising, and Shanghai Power rising over 6%; bank stocks generally rose, with Postal Savings Bank and Agricultural Bank creating new highs.

　　Furthermore, most liquid-cooled server concept stocks retreated, with Feilong Shares and Jin Tian Shares falling; PEEK concept stocks continued to decline, with Zhongyan Shares and Hua Ming New Materials falling over 6%. (Glorious)