China A-share computing chip stocks rally; Enflame Technology jumps nearly 10%

The move is notable less for the single-day gain than for the pace: a 50%-plus run over five sessions and a market cap back above 200 billion yuan suggest momentum is concentrated in one name while the broader A-share chip complex tags along. That gap between Enflame and the second-tier names listed is the real signal, since it implies positioning is crowding into a single liquid proxy rather than broadening. Whether the rally rotates into the wider group or narrows further is the open question, and the behavior of the smaller names is the cleanest tell.