[Afternoon Commentary: The GEM index rose 0.56% after rising and falling, and coal stocks collectively strengthened] On November 9th, the market rose and fell back in early trading. The GEM index once rose by more than 1.5%. The half-day turnover of the Shanghai and Shenzhen stock markets was 1.01 trillion, a decrease of 111.6 billion from the previous trading day. More than 2,600 stocks across the market rose. On the market, the coal sector strengthened, with Zhengzhou Coal and Electricity and Antai Group rising by the daily limit; the PCB concept fluctuated and rose, with Ultrasonic Electronics, Osconn, and Jingwang Electronics rising by the daily limit; AI comic Simei Media had two consecutive boards, and Cultural Investment Holdings rose by the daily limit; Robot Huapei Power, Riying Electronics, and Jingu Holdings rose by the daily limit; the Ice and Snow Economy Iceberg was cold and hot, and Longjiang Transportation went out of 4 boards in 8 days. In terms of decline, the photovoltaic concept opened high and moved low, with Sungrow, LONGi Green Energy, etc. falling one after another. As of the close, the Shanghai Stock Exchange Index rose 0.46%, the Shenzhen Component Index rose 0.27%, and the ChiNext Index rose 0.56%.