ChiNext Index Rebounds 3.4% on Heavy Volume; Over 4,100 Stocks Advance

The breadth here is the story: a 3.4% ChiNext move backed by more than 4,100 advancers and heavy turnover suggests conviction rather than a narrow, index-level bounce, and the leadership in robotics, chips, computing hardware and AI animation points to growth and policy-adjacent themes carrying the tape. The rotation away from liquor, pork, insurance and brokerages shows the rally is selective, not a blanket risk-on bid, which matters for anyone tracking mainland sentiment as a proxy for Asia tech appetite. Whether turnover holds near these levels and whether the growth leadership broadens beyond a handful of themes is the open question.