Analysts say that the recent market trend is towards technology, with funds flowing into China's industrial upgrading.

Today, the Shanghai Composite Index hit a new high in nearly 10 years, with a trading volume of 2.76 trillion yuan in the two markets. Chen Yanbing, a senior strategist at Huaxia Fund, believes that the core theme of the A-share market today is "reaching new highs". Behind the breakthrough is the market's confidence in China's economic transformation and upgrading. From a trading perspective, the absolute main trend in the market recently is technological growth, rather than the traditional bull market indicator of the financial sector. Overall, the core driving force behind the consecutive sharp rise in this round is liquidity. Against the backdrop of moderate fundamental recovery, ample funds are flowing into sectors that represent China's industrial upgrade direction, from innovative drugs to artificial intelligence, from specialized and innovative dark horses to domestic leading hard technology in computing power, all showing the market's recognition of these sectors.