Market Overview: A Surge in Tech and Media Stocks
In a remarkable display of market strength, the Shanghai Stock Exchange witnessed a significant surge on August 18, 2025. The Shanghai Composite Index (沪指) soared to a near-decade high, while the North China Blue Chip Index (北证50) set a new historical peak. The Shenzhen Composite Index and the ChiNext Index both broke through their previous highs from October 8, 2024. This bullish trend saw over 4,000 stocks across the market climbing, with a total trading volume of 2.76 trillion CNH, marking a new high for the year. The trading volume alone surged by 519.6 billion CNH, underscoring the market’s robust appetite for growth.
Tech Titans: The Rise of Liquid Cooling Servers and Robotics
A standout performer in the tech sector was the GB300 series of liquid cooling servers, which saw a significant increase in market penetration. This development has solidified the market consensus around the early adoption of these servers, leading to a surge in related stocks. Companies like Consecutive High Standard Pump Industry and others achieved consecutive board listings, with stocks like 30 cm Dawnlight, 20 cm High Wave, and 10 cm Trend Dragon Technology hitting new highs.
The robotics sector also experienced a notable uptick, with Zhien Robotics announcing the launch of its full product line on Zhien and JD.com on August 18. This announcement fueled the continued activity in the robotics concept, with stocks like Xiangming Intelligent, JinTuo Group, and Beijing Dahao Technology Corp Ltd. reaching new highs. The focus on lightweight materials saw stocks like Bao Wu Magnesium Industry and Xing Yuan Zhuo Magnesium hitting record highs, with PEEK material concept stocks like Zhongyan Group also experiencing a resurgence.
Media and Entertainment: Breaking Records
The entertainment sector also enjoyed a bright day, with the total box office for the 2025 summer season surpassing 100 billion CNH, including pre-sales. Media sub-sectors, including film and short drama, shone brightly, with stocks like Huazhi Media, Huace Film, and others hitting new highs. Mango Super Media and Baina Qiancheng also reached their peak during the trading session.
Financial Sector: A Hotbed of Activity
The financial sector continued its hot streak, with the number of clients participating in margin trading (两融) growing for five consecutive trading days, reaching 547,700 by August 14. The financial board remained vibrant, with securities companies like Changcheng Securities achieving a fourth consecutive board listing. The fintech sector, particularly in the interbank direction, saw stocks like Compass, Tonghuashun, and Wealth Trend surge over 10% for the second consecutive trading day. Additionally, financial technology concept stocks on the Beijing Stock Exchange, such as Guoyuan Technology and Tonghui Information, experienced significant midday rallies.
In summary, the market’s bullish trend across technology, media, and financial sectors underscores a robust economic environment, with specific sectors like robotics and fintech leading the charge. As companies like Beijing Dahao Technology Corp Ltd continue to innovate and expand, the market’s appetite for growth shows no signs of waning.