A-shares closed out August with gains across all three major indices. The Shanghai Composite Index rose 0.37%, bringing its August gain to 7.97%; the Shenzhen Component Index rose 0.99%, bringing its August gain to 15.32%; and the ChiNext Index rose 2.23%, bringing its August gain to 24.13%. The Beijing Stock Exchange 50 Index rose 1.28%, bringing its August gain to 10.64%. The Science and Technology Innovation 50 Index rose 28% in August. Total trading volume on the Shanghai, Shenzhen, and Beijing stock exchanges reached 2.83 trillion yuan, down 170.7 billion yuan from the previous day. Nearly 2,000 stocks rose across the market. Among the sectors, lithium batteries, liquor, insurance, innovative pharmaceuticals, and military equipment led the gains, while semiconductors, Zhipu AI, computing power leasing, and education led the declines. The lithium battery sector saw a collective surge, with CATL surging over 10%, and stocks like Guoxuan High-tech and Pioneer Intelligent hitting their daily limit. Liquor stocks rebounded, with Wuliangye, Laobaigan, and Luzhou Laojiao all rising. The AI technology sector saw a partial rally in the afternoon, with Foxconn Industrial Internet hitting its daily limit, pushing its total market capitalization past 1 trillion yuan. In addition, innovative pharmaceuticals, insurance, rare earths, and defense sectors also performed well. The semiconductor sector saw some corrections today, with Cambricon, North Huachuang, and Xinyuan Micro all experiencing declines.