Closing analysis: Shanghai index fluctuated and rose by 1.04%, hitting a new 10-year high. Baijiu sector showed strong performance across the board.

The three major indexes of A-shares collectively closed higher. As of the close, the Shanghai Composite Index rose by 1.04%, the Shenzhen Component Index rose by 0.89%, and the ChiNext Index rose by 0.23%. The Beibu50 Index rose by 1.16%. The total turnover of the Shanghai, Shenzhen, and Hong Kong markets throughout the day was 2.4484 trillion yuan, a decreased volume of 192.3 billion yuan from the previous day. More than 3600 stocks in the entire market rose. In terms of sector themes, the liquor, minor metal, and semiconductor sectors rose, while the innovative pharmaceutical and film and television industry sectors adjusted. On the market, the liquor sector continued to strengthen, with Jiugui Liquor hitting the daily limit and Shede Spirits rising by over 7%. The minor metal sector strengthened, with Eastern Zirconium Industry and Yunnan Germanium Industry hitting the daily limit. The semiconductor sector rose in the afternoon, with Shengke Communication 20cm hitting the daily limit. The innovative pharmaceutical sector adjusted, with Fuyuan Medicine and Chen Xinyi Medicine hitting the daily limit. The film and television industry sector adjusted, with C&W Media and Huace Film & TV falling by more than 6%.