The Shanghai Composite Index has reached new heights, surpassing the 3,800-point mark on August 22nd and marking its highest point in nearly a decade. According to PANews, the index experienced a strong gain of 0.77% throughout the afternoon session, adding approximately 450 points this year for a growth rate exceeding 13%. The surge was driven by sectors including AI chips, minor metals, education, computing power, rare earth magnets, and PCBs. Conversely, sectors like fertilizers, textiles and apparel, mining, banking, and agriculture saw declines. Approximately 2,100 stocks performed positively, while 3,100 experienced a decline. Net inflows from main funds amounted to roughly 1.2 billion yuan.