A-share afternoon review | The Shanghai Index fell 1.21%, computing power hardware stocks fell collectively, and the battery sector bucked the trend

The Zhitong Finance App learned that on October 9, the three major A-share indices collectively opened lower and weakened unilaterally in early trading. The Shanghai Index once fell more than 1% intraday, and the GEM index fell below the 3,000-point integer mark. The market showed a divergent pattern of “collective index decline, individual stocks generally falling, low level defense, and active resource direction”. By the midday close, the Shanghai Index fell 1.21% to 3765.71 points, the Shenzhen Index fell 2.09% to 12356.56 points, the GEM index fell 2.61% to 2957.32 points, and the Science and Technology Innovation 50 Index fell 3.78%. 1,075 A-shares rose and 4,370 stocks fell in the Shanghai and Shenzhen markets. The three markets of Shanghai, Beijing, and Shenzhen traded 1178.3 billion yuan in half a day, an increase of 64.2 billion yuan over the previous trading day. In terms of capital, the Financial Services Association's monitoring data shows that in early trading, there was a net inflow of main capital into agriculture, forestry, animal husbandry, fishing, precious metals, beauty care, etc., with a net outflow of over 17.3 billion yuan in electronics, semiconductors, mechanical equipment, etc.; in terms of individual stocks, the main capital of the Ningde Era ranked first with net purchases of over 1.5 billion yuan. Dongyue Silicon, Tianci Materials, and Jinjian Rice received a net inflow of capital of over 1 billion yuan.

Overview of the plate

On the upside, on the upward side, sectors such as batteries, corn, and precious metals had the highest gains, while individual stocks within the silicone concept surged; on the downside, computing power hardware such as components, PCBs, and CPO had the highest declines, with the component sector falling more than 7% in half a day. Overall, the overnight US AI industry chain slump and valuation sentiment was transmitted to A-shares, where computing power hardware such as MLCC, PCB, and optical communications fell collectively. Capital was withdrawn from high-ranking technology growth sectors to lower levels such as batteries, seed industries, and resources. Individual stocks declined more and less, and the money-making effect was concentrated in a few low structural directions.

Popular sections

1. The battery industry chain bucked the trend and strengthened

The battery sector bucked the trend and strengthened, with Liwang shares rising nearly 30%, leading Pai Technology's 20CM rise and stop, Keheng shares rising and stopping 20CM, Times Wanheng 5 consecutive boards, Zizhu Hi-Tech 4, Fengyuan Co., and Xiongtao shares 2 consecutive boards, Tianci Materials rising and stopping. Ningde Era rose more than 4%, and German Nano, Haike Xinyuan, and Shi Da Shenghua had the highest gains.

Comment: According to the news, the “Fifteenth Five-Year Plan for the Development of the New Battery Industry” jointly issued by seven departments including the Ministry of Industry and Information Technology proposes that all solid-state batteries will initially achieve the goals of large-scale application and 15,000 cycles by 2030, and continue to build a lithium battery standard system and promote standard development in key areas such as all-solid-state batteries and sodium batteries; in addition, according to the latest research in the industry chain, the 6 battery sample companies plan to schedule a total production schedule of 214.6 GWH in October, a sharp increase of 57% over the previous year and a negative increase of 4% month-on-month. Year-on-year increase in liquid discharge Both are close to or above 48%.

2. Individual silicone stocks are active

Individual stocks within the silicone concept are active. Dongyue Silicon went up and down 20CM, Chenguang New Materials rose or stopped, Silicon Bao Technology rose more than 14%, Hesheng Silicon rose nearly 5%, and Xinyaqiang followed suit.

Comment: According to the news, Dongyue Silicon released a performance forecast on the evening of October 8. The net profit for the first three quarters of 2026 is estimated to be 547 million yuan to 567 million yuan, an increase of 19050% to 19750% over the previous year. The company said that due to the market environment and improvements in the industry's supply and demand pattern, prices for major products rose, while industrial silicon procurement prices declined year-on-year, overall unit production costs declined, and overall gross margin increased. Furthermore, the company formed a low base in the same period last year due to fire accidents at some production facilities, which also amplified the increase in performance in the current period.

3. The planting industry sector fluctuated and boosted

The planting sector fluctuated and picked up. Jinjian Rice Industry and Wanxiang Denong rose and stopped, Qiule Seed Industry rose more than 9%, and Dunhuang Seed Industry, Shennong Seed Industry, and Yasheng Group had the highest gains.

Comment: According to the news, the World Meteorological Organization issued a monthly climate bulletin on October 8, stating that this year's El Niño phenomenon will increase further before reaching its peak in December, and the possibility that it will continue until February 2027 is close to 100%, and may disrupt the supply system for staple food crops such as wheat, corn, and rice.

4. Multiple stocks in the big consumer sector rose and stopped

Many stocks in the big consumer sector bucked the trend. Guofang Group and Beauty Makeup went up and down. Lafang Jiahua and Haixin Foods rose and stopped for a while in the intraday market, Xinhua Department Store and Mikolanduo rose more than 6%, and Sunshine Dairy followed suit.

Comment: According to the news, value-added tax invoice data released by the State Administration of Taxation on October 8 shows that during the National Day holiday, the average daily sales revenue of related industries increased 19.5% year on year. Among them, sales revenue from travel tours and entertainment services increased 23.6% year on year, and travel agency services and amusement parks increased 26.2% and 41.2% year on year, respectively.