The Zhitong Finance App learned that on October 20, the three major A-share indices fluctuated and rebounded after opening low. The trend diverged in the afternoon. The GEM index rushed higher and fell, and the Shanghai index rallied at the end of the session. At the close, the Shanghai Stock Exchange Index rose 0.12% to 3735.37 points, the Shenzhen Stock Exchange Index fell 0.14% to 11801.29 points, the GEM index fell 0.26% to 2739.20 points, the Science and Technology Innovation 50 Index rose 1.00% to 1342.42 points, and the Beijing Stock Exchange 50 Index rose 3.88% to 982.87 points. The turnover of the Shanghai and Shenzhen markets was 1456.112 billion yuan, an increase of 18.595 billion yuan compared to the previous trading day. In the entire market, 3,777 stocks rose, 1,668 stocks fell, 129 stocks closed, 56 stocks rose or stopped, and 7 stocks fell to a standstill, accounting for about 67% of the rising stocks.
In terms of sectors, consumer electronics, lighting equipment, automation equipment, non-metallic materials, digital media, and IT services registered the highest gains; sectors such as marine equipment, ground equipment, commercial vehicles, insurance, coal mining, and passenger cars registered the highest declines.
Drivers From October 20 to 22, local time, the Nvidia GTC conference was held in Berlin, Germany. Huang Renxun will deliver a keynote speech on the 21st. Physical AI, robotics, and intelligent AI were listed as core topics. The physical AI concept led the way on the same day and ranked first in the concept sector.
On the afternoon of October 19, Chairman Wu Qing of the Securities Regulatory Commission said at the opening ceremony of the 2026 Financial Street Forum that it will anchor the key position to serve innovative small and medium-sized enterprises, and steadily launch a series of measures such as the Beijing Stock Exchange 50 ETF, the Beijing Stock Exchange IPO market capitalization placement, innovative evaluation standards, and optimization of the hierarchical management of the New Third Board. The Beijing Stock Exchange 50 Index rose 3.88% on the same day.
At the press conference of the State Information Office on October 19, Wei Wei, director of the Science and Technology Department of the Ministry of Industry and Information Technology, said that in the first half of this year, China's humanoid robot products surpassed 400 models and output exceeded 40,000 units. It is expected to exceed 100,000 units throughout the year. According to data from the General Administration of Customs, China's integrated circuit exports in September were US$44.95 billion, up 136.0% year on year, higher than the cumulative growth rate of 99.1% in the first three quarters; overnight, the Philadelphia Semiconductor Index closed up 1.61%, ending eight consecutive declines. According to data from the Ministry of Commerce, sales of smart glasses on key platforms increased 1.1 times year-on-year from January to September this year.
Popular sector aspects
1. Humanoid robots and physical AI: The physical AI concept led the concept sector and automation equipment up 2.45%, the robot concept rebounded, and many constituent stocks rose and stopped. Changying Precision went up and down 20CM, and Daye Co., Ltd. rose and stopped out of 3 consecutive boards. Fulai New Materials, Ningbo Dongli, and Zhejiang Rongtai had 2 consecutive boards; Fantuo Digital Innovation 20CM had 2 consecutive boards, Suochen Technology rose 13.10%, Obi Zhongguang rose 15.86%, and Yushu Technology rose 6.07%. In terms of catalysis, the Nvidia GTC Berlin conference listed physical AI and robotics as the core topics. The market is watching the progress of Tesla Optimus, and the company will release financial results for the third quarter on October 21 (US East).
2. AI glasses and end-side AI: Consumer electronics rose 3.07%, IT services increased 2.34%, and AI glasses were closed in multiple markets. Hengxuan Technology reported a 20CM increase of 106.32 yuan. Longqi Technology, Broadcom Integrated, Yiyuan Communications, and MeiG Smart all rose and stopped by 10CM. In terms of catalysis, the theme of the Nvidia GTC conference changed from “selling GPUs” to “AI factories,” and expectations for AI to extend from the cloud to the end side are heating up; data from the Ministry of Commerce shows that sales of smart glasses on key platforms increased 1.1 times year-on-year from January to September this year.
3. Beijing Stock Exchange: The Beijing Stock Exchange 50 Index rose 3.88%. At one point, it rose more than 5% intraday, and individual stocks of the Beijing Stock Exchange strengthened collectively. Jia Chen Smart and Greer both rose and stopped by 30%, Huami New Materials rose 16.91%, and Southern Dairy rose 9.86%, while Cheng Electronics rose 8.76%. On the catalytic side, Chairman Wu Qing of the Securities Regulatory Commission said on October 19 that it will steadily launch a series of measures such as the Beijing Stock Exchange 50 ETF, the Beijing Stock Exchange's IPO market capitalization placement, innovative evaluation standards, and optimization of the hierarchical management of the New Third Board.
Adjust the section
Marine equipment fell 2.67%, ground armaments fell 2.63%, commercial vehicles fell 1.84%, insurance fell 1.37%, and coal mining fell 1.33%. China Shipbuilding fell 2.33%, Great Wall Military Industry fell 4.63%, Dayou Energy fell 9.20% in the coal direction, and Mountain Coal International fell 4.89%; in the direction of dyes, Shanshui Technology fell 18.94%, and Jinji Co., Ltd. fell 14.13%. Looking at the range data, ground armaments had a cumulative increase of 11.49% in the first two trading days, and Shanshui Technology had a cumulative increase of 49.74% from September 30 to October 19, all with the highest declines on the same day.