ChiNext Index extends gain to 2% as CPO, components, semiconductors lead

The breadth behind this move is the story: a ChiNext gain led by CPO, components and semiconductors, with advancers outnumbering decliners across all three mainland exchanges, points to risk appetite broadening rather than a single-theme squeeze. That matters because ChiNext's heavy weighting toward growth and hardware names makes it a useful gauge of how domestic capital is positioning around the AI-adjacent supply chain. The open question is whether this participation holds beyond one session, or whether the leadership narrows back to a handful of concept stocks once the initial momentum fades.