Closing Review: The index rebounded with increased volume, with the ChiNext Index soaring by 2.63%. Military and technology stocks collectively surged

On May 12th, news reported that both markets rebounded with increased volume, and the ChiNext Index closed up over 2%. In terms of sectors, military stocks continued to surge, with Qifeng Precision hitting the daily limit of 30cm, and KSEC Intelligent Technology, AVIC Chengfei, and Huaru Technology hitting the daily limit of 20cm; the humanoid robot concept was strong, with Tuosida, Riying Electronics, and Optoelectronics hitting the daily limit; the consumer electronics sector strengthened, with Tony Tech and RISUNTEK INC both hitting the daily limit; the gold concept adjusted, with Chaohongji and Western Gold leading the declines; agricultural stocks collectively weakened, with Qiule Seed Industry and Kangnong Seed Industry leading the drop; pharmaceutical stocks fell, with Maiwei Biotech dropping over 10% and leading the decline. Overall, individual stocks showed a general upward trend, with over 4,000 stocks rising. By the close, the Shanghai Composite Index reported 3369.24 points, up 0.82%; the Shenzhen Component Index reported 10301.16 points, up 1.72%; and the ChiNext Index reported 2064.71 points, up 2.63%. On the market, the China Shipbuilding System, Chengfei concept, and military electronics sectors led the gains, while precious metals, agriculture and forestry, and recombinant protein sectors led the declines