The Zhitong Finance App learned that on October 13, the three major A-share indices opened low in early trading. At one point, the GEM index fell more than 3%, bottomed out and rebounded in the afternoon, and the Shanghai Index first turned red and recovered 3,800 points. There was a slight decline at the end of the session, and the three major indices rose and fell unevenly at the end of the session. At the close, the Shanghai Stock Exchange Index rose 0.10% to 3800.86 points, the Shenzhen Securities Index fell 0.25% to 12353.70 points, the GEM index fell 0.18% to 2958.34 points, Science and Innovation 50 rose 0.03% to 1427.18 points, and the Beijing Stock Exchange 50 fell 0.31% to 1008.66 points. The turnover of the Shanghai and Shenzhen markets was 1675.908 billion yuan, an increase of 138.077 billion yuan over the previous trading day. 2,909 A-shares in the Shanghai and Shenzhen markets rose, 2,486 fell, and 179 were flat. Of these, 70 rose or stopped, and 10 fell to a standstill, accounting for about 52% of the rising stocks. In terms of sectors, ground armaments, aviation equipment, marine equipment, tourism and scenic spots, components, and internet e-commerce registered the highest gains; insurance, batteries, wind power equipment, power equipment, biological products, and photovoltaic equipment registered the highest declines.
driving factors
On the same day, the Shanghai Composite Index closed up 0.10% to 3800.86 points. The Shenzhen Securities Index and the GEM Index fell 0.25% and 0.18% respectively, Science and Innovation 50 rose 0.03%, and the Beijing Stock Exchange 50 fell 0.31%. The main indices were narrowly divided. The 2,909 individual A-shares in the Shanghai and Shenzhen markets rose and accounted for about 52% of the increase. The turnover of the Shanghai and Shenzhen markets was 1675.908 billion yuan, compared to the previous trading day. Structurally, the computing power hardware direction rebounded in the afternoon after falling sharply in early trading. On the news, several PCB industry chain companies concentrated on disclosing their third-quarter results forecasts on the evening of October 12 — Ultrasonic Electronics expects net profit to be from 340 million yuan to 360 million yuan in the first three quarters, up 90.78% to 102% year on year. Jingwang Electronics expects net profit to be from 912 million yuan to 1,089 million yuan in the third quarter, up 205.46% to 264.74% year on year. Net profit from mother was 1,450 million yuan to 1500 billion yuan, an increase of 100.33% to 107.23% year-on-year. The direction of defense and military industry picked up in the afternoon, with ground armaments up 5.08%, aviation equipment up 3.55%, and nautical equipment up 3.18%. The press conference of the 16th China International Aerospace Expo was held in Beijing on October 13. This year's air show is scheduled to be held in Zhuhai, Guangdong from December 7 to 13, 2026, with more than 1,100 exhibitors. The direction of snow and ice tourism and consumption strengthened. Ice and snow concepts rose 2.68%, tourism and scenic spots rose 3.18%, and internet e-commerce increased 2.55%. In terms of decline, Shenwan's secondary battery industry fell 3.13%, wind power equipment fell 2.82%, insurance fell 3.10%, and power equipment fell 2.01%.
Popular sector aspects
1. [Computing power hardware] PCBs, copper-clad plates, and CPO collectively rebounded in the afternoon after falling sharply in early trading. Shenwan's second-level component industry rose 2.97%, and the copper-clad plate concept rose 4.44%. Xunjiexing and Jinbaize both rose and stopped at 20CM; Ultrasonic Electronics, Zhongjing Electronics, Kyowa Electronics, Aohong Electronics, Junya Technology, Eton Electronics, and Huasheng Chang rose 7.48%; Zhongji Xuchuang once fell below 700 yuan (minimum 690.16 yuan) in early trading, then rose and closed up 1.45% in the afternoon. On the catalytic side, on the evening of October 12, several PCB and optical communication companies disclosed their third-quarter results forecasts. The net profit growth rates for the first three quarters of Ultrasonic Electronics and Guanghe Technology reached 90.78% — 102% and 100.33% — 107.23%, respectively. Jingwang Electronics' net profit for the third quarter increased 205.46% to 264.74% year on year. Unicom Instruments expects net profit to increase by 1866.00% to 2072.95% year on year in the third quarter. Yuanjie Technology expects net profit to increase 578.85% to 659.70% year on year in the third quarter .
2. [Military Equipment] The defense and military industry sector changed and increased in the afternoon. Ground armaments rose 5.08%, aviation equipment increased by 3.55%, nautical equipment rose 3.18%, and the new combat effectiveness concept increased by 3.78%. Aviation Development Technology reported an increase of 38.78 yuan; Guoke Military Industry rose 12.24%, Jianglong Yacht rose 10.09%, Hongdu Airlines rose 9.75%, and China Airlines Chengfei, China Airlines Xifei, and Guorui Technology rose 8.19%, 6.12%, and 6.49% respectively. In terms of catalysis, the press conference of the 16th China International Aerospace Expo was held in Beijing on October 13. This year's air show will be held in Zhuhai, Guangdong from December 7 to 13, 2026, with more than 1,100 exhibitors and more than 3,000 pieces of equipment.
3. [Ice and Snow Economy and Consumer Retail] The ice and snow tourism concept fluctuated and strengthened. The ice and snow concept rose 2.68%, tourism and scenic spots rose 3.18%, retail and Internet e-commerce were active, and Internet e-commerce increased 2.55%. Jingxue Energy Saving went up and down 20CM; Yeti Group, Dalian Shengya, Bingshan Hot and Cold, Changbaishan, and Tianfu Cultural Tourism went up and down; the retail direction ZTE commercial and Nanning department stores rose and stopped; Dongbai Group went up and down, and Dongbai Group went up and down, and Dongbai Group went up and down with 3 consecutive boards. In terms of catalysis, the 28th Harbin Ice and Snow World was first officially announced on October 12. The current park area will be expanded to 1.25 million square meters, an increase of 50,000 square meters over the previous edition, and the amount of ice and snow used will exceed 400,000 cubic meters; the “Crown of Ice and Snow Longjiang Has About” Heilongjiang Ice and Snow Tourism Development Promotion Conference 2026-2027 Ice and Snow Season Promotion Conference will be held in Guangzhou.
Adjust the section
The decline was highest in the battery industry chain, wind power equipment, insurance, pharmaceutics, and photovoltaic equipment. Shenwan's second-level battery industry fell 3.13%, with the solid-state battery concept down 1.24%, sodium-ion battery concept down 1.91%, solid-liquid battery concept fell 4.05%, Zizhu Hi-Tech and Chuanyi Technology fell to a standstill, leading smart fell 9.58% (intraday low of 33.33 yuan, intraday decline of 12.01%), Haike Xinyuan fell 5.89%, Xiongtao Co., Ltd. fell 5.84%; wind power equipment fell 2.82%, Daikin Heavy Industries stopped, Haili Wind Power fell 9.34%, Deli Jia fell 9.24%; Insurance fell 3.10%, China Baotai fell 3.10% fell 4.66%; Pharmaceuticals fell 0.98%, nearshore protein fell 6.67%, and North China Pharmaceutical fell to a halt. In the above direction, the solid-liquid battery concept rose 10.17% from September 28 to October 9, and declined continuously for the next two trading days; wind power equipment and insurance continued to be weak recently (wind power equipment fell 4.32% in the past 5 trading days, insurance fell 8.32% in the past 20 trading days), and the decline continued to be high on the same day.