The Zhitong Finance App learned that on September 24, the three major A-share indices collectively opened lower and then fluctuated lower. The market showed a pattern of “indices opening low and moving low, individual stocks generally falling, and low weights being relatively resistant to decline”. By the midday close, the Shanghai Index fell 0.93% to 3,00.00 points, the Shenzhen Index fell 1.74% to 13399.34 points, and the GEM index fell 1.84% to 3317.33 points. More than 4,300 stocks fell and more than 1,000 stocks rose in the entire market. The three markets of Shanghai, Beijing, and Shenzhen traded 1078.1 billion yuan in half a day, down 93 billion yuan from the previous trading day. In terms of capital, according to financial news agency monitoring data, early trading saw a net inflow of main capital into sectors such as transportation equipment, national defense and military, and general equipment, with a net outflow of electronics, semiconductors, non-ferrous metals, etc., with a net outflow of over 9.2 billion yuan from the electronics sector.
Overview of the plate
On the upward side, the wind power equipment, textile manufacturing, education, and banking sectors bucked the trend and strengthened; on the downside, the precious metals, components, and real estate sectors registered the highest declines. Overall, the three major indices continued to be weak after opening low. The direction of technological growth and cycles such as non-ferrous and real estate was generally adjusted. Lower levels such as banking and education were relatively resistant to decline. Individual stocks declined more and less, and half-day transactions shrank markedly compared to the previous trading day.
Popular sections
1. The wind power equipment sector is moving low and moving high
The wind power equipment sector opened low and moved high. Luozhu shares rose and stopped 20CM, Jixin Technology rose and stopped, Power Transmission rose more than 11%, and Zhenhong Co., Ltd., Daikin Heavy Industries, and Xinqianglian had the highest gains.
Comment: According to the news, the national electricity statistics for January-August released by the National Energy Administration on September 24 show that by the end of August, the country's installed wind power capacity was 693 million kilowatts, an increase of 19.6% over the previous year. Furthermore, on September 22, the Information Office of the State Council held a press conference on the theme of “Starting the 15th Five-Year Plan”. The Ministry of Natural Resources proposed that marine renewable energy and other industries will expand during the “15th Five-Year Plan” period. It is expected that the installed capacity of offshore wind power will double and reach 100 million kilowatts by 2030.
2. Individual stocks in the humanoid robot industry chain bucked the trend and were active
Individual stocks in the humanoid robot industry chain bucked the trend. Xiangyang Bearing, China Malaysia Transmission, Changhua Group, and Ningbo Dongli rose to a halt. Jisheng Electronics rose more than 7%, while Xiangming Energy, Fulai New Materials, and Fengguang Precision registered the highest gains.
Comment: According to the news, according to a report released by the International Federation of Robotics on September 24, China will install 354,000 new industrial robots in 2025, accounting for about 59% of the world's total installations, a record high, and the Chinese market is expected to maintain an average annual growth rate of 5% to 10% from now until 2029. Earlier, on September 23, Tesla CEO Musk said in an exclusive interview with CCTV Finance that it is predicted that the world may reach 10 billion humanoid robots in the next 15 years.
3. The textile manufacturing sector showed active performance
The textile manufacturing sector showed active performance. Huamao shares rose and stopped for 2 consecutive days. Huasheng shares rose and stopped, Huali Group rose more than 3%, and Weixing shares and Blum Oriental had the highest gains.
Comment: According to the news, the “Green Product Evaluation of Textile Products” (GB/T 35611-2024) national standard revised and issued by the General Administration of Market Regulation will be officially implemented from October 1. The standard divides textile products into three categories according to usage scenarios, establishes a comprehensive evaluation system for the five major attributes of resources, energy, environment, quality, and low carbon, and adds a low carbon evaluation dimension.
4. Short-term growth of the education sector
The education sector boosted in the short term. Code Education rose more than 13%, Onli Education rose more than 5%, and Kevin Education, Quantong Education, and University Education followed suit.
Comment: According to the news, on September 23, the Information Office of the State Council held a press conference on the theme of the “Getting Started” series. Guo Peng, director of the Development Planning Department of the Ministry of Education, explained that the number of undergraduate students enrolled in “double first-class” colleges and universities from 2027 to 2030 will also expand by 76,000, and proposed that Youben's expansion will focus on supporting cutting-edge technologies and emerging cross-cutting fields such as artificial intelligence, integrated circuits, biomedicine, and new energy sources.