On July 1, the A-share market exhibited significant divergence among its major indices. The Shanghai Composite Index initially surged over 1% but closed up 0.44%, while the ChiNext Index and Shenzhen Component Index experienced fluctuations before weakening in the afternoon. The ChiNext Index closed down 1.89%, and the Shenzhen Component Index fell 0.53%. Total trading volume across the Shanghai and Shenzhen markets exceeded 3.5 trillion yuan, with over 4,000 stocks rising. The large financial sector saw a robust breakout, with securities, insurance, and internet finance segments posting strong gains. Meanwhile, the innovative drug sector rebounded, and the aquaculture and liquor sectors performed well. However, most tech stocks retreated in the afternoon, with sectors like CPO, fiber optic concepts, and copper cable high-speed connectivity leading the declines. The photovoltaic equipment sector remained weak, highlighted by a 13.9% drop in Sungrow Power Supply's stock.