ET Net News Agency reported on the 20th: The three major A-share indices opened lower in the morning session, followed by the SZSE Component Index and ChiNext turning positive, rising 0.18% and 0.27% respectively at midday close, while the SSE Composite Index fell 0.08% to close at 3,727.75 points. The combined trading volume of the Shanghai and Shenzhen markets reached 933.5 billion yuan (RMB, same below) in the morning session, down 37.2 billion yuan compared to the previous trading day; a total of 3,568 individual stocks rose, while 1,503 stocks declined.
On the market, humanoid robot-related concepts led the gains, with AI glasses and AI smartphones applications performing strongly. Changying Precision (SZ: 300115) and Keseng Technology (SH: 603626) surged to the daily limit. On the 19th, nine government departments jointly issued the “Opinions on Accelerating Technology-Driven Commerce,” under which the Ministry of Industry and Information Technology and the Ministry of Commerce will accelerate the popularization of AI computers, smartphones, and other products through channels such as “trade-in” programs, and promote the embodied intelligence industry represented by humanoid robots to achieve three “accelerations.”
Additionally, financial regulatory tightening is expected, causing insurance and banking sectors to weaken collectively. China Pacific Insurance (SH: 601601) fell 2.7% in the morning session, while Agricultural Bank of China (SH: 601288) dropped 2.5%. Ding Xiangqun, head of the National Financial Regulatory Administration, said yesterday that China's banking and insurance industries are currently operating steadily overall, with risks generally under control. The NFRA, together with relevant parties, will severely crack down on illegal financial activities, bring all financial activities under legal supervision, and strive to achieve full coverage without exceptions.
Copper stocks also saw significant declines, with洛阳钼业 (SH: 603993) plunging 6.7%, Zijin Mining (SH: 601899) down 2.4%, and Tongling Nonferrous (SZ: 000630) falling 2%. The benchmark three-month copper price on the London Metal Exchange (LME) stood at $14,342 per ton, down 0.4%; available copper inventories in LME registered warehouses rose to a two-month high as 8,225 tons of copper flowed into U.S. warehouses. Copper prices lacked further upward momentum at elevated levels, directly weighing on sentiment in copper stocks. (ry)
On the market, humanoid robot-related concepts led the gains, with AI glasses and AI smartphones applications performing strongly. Changying Precision (SZ: 300115) and Keseng Technology (SH: 603626) surged to the daily limit. On the 19th, nine government departments jointly issued the “Opinions on Accelerating Technology-Driven Commerce,” under which the Ministry of Industry and Information Technology and the Ministry of Commerce will accelerate the popularization of AI computers, smartphones, and other products through channels such as “trade-in” programs, and promote the embodied intelligence industry represented by humanoid robots to achieve three “accelerations.”
Additionally, financial regulatory tightening is expected, causing insurance and banking sectors to weaken collectively. China Pacific Insurance (SH: 601601) fell 2.7% in the morning session, while Agricultural Bank of China (SH: 601288) dropped 2.5%. Ding Xiangqun, head of the National Financial Regulatory Administration, said yesterday that China's banking and insurance industries are currently operating steadily overall, with risks generally under control. The NFRA, together with relevant parties, will severely crack down on illegal financial activities, bring all financial activities under legal supervision, and strive to achieve full coverage without exceptions.
Copper stocks also saw significant declines, with洛阳钼业 (SH: 603993) plunging 6.7%, Zijin Mining (SH: 601899) down 2.4%, and Tongling Nonferrous (SZ: 000630) falling 2%. The benchmark three-month copper price on the London Metal Exchange (LME) stood at $14,342 per ton, down 0.4%; available copper inventories in LME registered warehouses rose to a two-month high as 8,225 tons of copper flowed into U.S. warehouses. Copper prices lacked further upward momentum at elevated levels, directly weighing on sentiment in copper stocks. (ry)