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Today, the A-share market saw a surge in volume across the board. The Science and Technology Innovation 50 Index rose by more than 4%, and important indices such as the ChiNext Index and the CSI 500 rose by more than 3%. The Shenzhen Component Index broke through three integer thresholds of 8,500, 8,600 and 8,700 points.

Nearly 4,900 stocks in the two markets rose, and trading volume increased sharply to 908.1 billion yuan, a surge of more than 300 billion yuan from yesterday.

On the market, most industry sectors rose, with humanoid robots, securities, hotels and catering, and pharmaceuticals leading the gains. Only a few previously strong sectors such as public transportation, banking, and electricity saw a slight correction.

With the stock market surge, investor sentiment changed dramatically, expectations for the future increased significantly, and bullish options in the options market soared across the board.

The 500ETF purchase of August 5500 soared by more than 364%, the 500ETF purchase of August 5250 soared by more than 369%, the ChiNext ETF purchase of August 1800 and other option contracts also soared by more than 300% at one point during the session, and dozens of other call contracts rose by more than 100%.

Wind's real-time monitoring data showed that the non-bank financial sector received a net inflow of more than 7.3 billion yuan in main funds, with net inflows of more than 5 billion yuan in electronics, automobiles, and computers, and net inflows of more than 4 billion yuan in machinery and equipment and pharmaceuticals and biology. The environmental protection industry received a net inflow of main funds for 12 consecutive days. Only the banking, defense and military, and construction and decoration industries had a small net outflow of main funds.

Looking ahead to the future market, CICC said that the tone of the July Politburo meeting was positive and it once again stated that it would "boost investor confidence" and pay attention to the pace and intensity of subsequent policies.

In terms of allocation, the consumer-oriented sectors such as culture and tourism, elderly care, childcare, and housekeeping that were highlighted in this meeting are expected to attract market attention; the highly elastic non-bank sector is also expected to have periodic opportunities; and the real estate sector will pay attention to the implementation of subsequent relevant policies.

Ping An Securities recommends that investors continue to make investments based on the fundamental structural highlights and reform policy directions. First, new productivity sectors represented by TMT domestic substitution; second, sectors benefiting from the "two new" policies represented by automobiles and home appliances; third, dividend allocation opportunities with greater certainty represented by banks and public utilities; and continue to pay attention to some industries with sustained price increases.

In terms of hot spots, local state-owned enterprise stocks have seen a surge in daily limit prices.

Qi Tian Technology hit the 20% daily limit for the fourth consecutive day, and its share price doubled, reaching a two-year high; Tianli Technology also hit the 20cm limit; Weichai Heavy Machinery also hit the daily limit for four consecutive days, Beiba Media hit the daily limit for three consecutive days, and nearly 20 stocks including Shen Da Holdings and Yatong Holdings also hit the daily limit.

Recently, the State Council Information Office held a press conference on the theme of "Promoting High-quality Development". A relevant person in charge of the SASAC introduced that in the future, the SASAC will deploy the deepening of state-owned assets and state-owned enterprise reforms around the aspects of insisting on strengthening, optimizing and expanding state-owned capital and state-owned enterprises, accelerating the formation of new production relations that are compatible with new quality productive forces, enhancing core functions, and improving core competitiveness.

Galaxy Securities believes that state-owned enterprise reform is an important part of economic system reform, and the focus of the new round of state-owned enterprise reform has shifted from institutional and mechanism reform to functional reform.

State-owned listed companies have strong investment value. First, a new round of mergers and acquisitions will be gradually carried out with the goal of improving core competitiveness and enhancing core functions. Second, the market value management requirements for state-owned listed companies are expected to be further strengthened. Third, state-owned enterprises play a leading role in the transformation of new and old economic drivers, and their income and profits are more certain.

In addition, stocks related to sectors such as robots, artificial intelligence, new energy vehicles, and Shanghai local stocks also hit the daily limit in large areas, with more than 10 stocks hitting the daily limit.

Editor: Chen Lixiang

Proofreading: Zhu Tianting