As of the lunch break, the Shanghai Composite Index fell by 0.01%, the Shenzhen Component Index fell by 0.15%, and the Chinext Price Index fell by 0.94%.
The main A-share indexes adjusted in the early session. By the lunch break, the Shanghai Composite Index decreased by 0.01%, the Shenzhen Component Index fell by 0.15%, and the Chinext Price Index dropped by 0.94%. The total turnover of the All Market for half a day reached 879.8 billion yuan, down 209 billion yuan compared to the previous day, with over 3,300 individual stocks rising.
On the market, stocks related to the Robot Concept all rose; over ten stocks including Shenzhen Zowee Technology and Hangzhou Advance Gearbox Group hit the daily limit. The government of China released a video titled "The Legend of Robot Heroes" on their official account last night; the military industry sector collectively surged, with Jianshe Industry Group, Beijing Emerging Eastern Aviation Equipment, and Lihang Technology reaching their daily limit. Solid State Battery concept stocks adjusted, with Sanxiang Advanced Materials hitting the limit down and Fuxin Dare Automotive Parts dropping by about 15%. The consumption sector fell broadly, with Baijiu(Chinese Liquor), Dairy industry, and retail sectors seeing the largest declines. Fujian Dongbai and Lanzhou Zhuangyuan Pasture hit the limit down.
Stocks related to the Robot Concept all rose, with over ten stocks including Shenzhen Zowee Technology and Hangzhou Advance Gearbox Group hitting the daily limit.
Xingbang Intelligent, Shenzhen Sunwin Intelligent, and Hangzhou Zhongya Machinery hit the daily limit of 20% increase, along with over ten stocks including Shenzhen Zowee Technology, Hangzhou Advance Gearbox Group, Shenzhen Zhaowei Machinery & Electronics, and Zhejiang Wanma hitting the daily limit.
In news, the government of China released the video "The Legend of Robot Heroes" on their official account last night. The edited video connects various scenes and diverse types of robots with martial arts skills, comprehensively showcasing the forefront achievements of China in the field of robotics. Notably, the end of the video prompts viewers to "Lead the development of new quality productivity through technological innovation. Pay attention to the 2025 'Government Work Report' on March 5th," indicating that topics related to the application of robots and new quality productivity may become one of the key points in this year's government work report.
On the same day, Shenzhen released 18 guidelines for embodied intelligent robots, mentioning that by 2027, there will be more than 10 companies with new valuations exceeding 10 billion and more than 20 companies with revenues over 1 billion, with the scale of related industries reaching over 100 billion yuan.
The Military Industry equipment Sector rose collectively, with Construction Industry, Beijing Emerging Eastern Aviation Equipment, and Lihang Technology hitting the limit up.
Northern Long Dragon rose to its limit at 20cm, Construction Industry, Beijing Emerging Eastern Aviation Equipment, Lihang Technology, and Lian Stone Aviation also hit the limit up, while Tongyi Aerospace increased by over 13%.
Tianfeng believes that the Military Industry may be one of the representative fields where AI vertical applications develop rapidly and have solid scene deployments. Future developments are worth looking forward to, and it is necessary to actively embrace the changes in the AI industry trend, fully recognize the development direction of future equipment intelligence, and pay attention to investment opportunities in Military Industry AI in areas such as large models, special computing power, vertical application terminal products, data chains, and intelligent equipment.
New York futures gold regained the $2900 mark, and Gold stocks rebounded.
Hunan Gold rose nearly 4%, Beijing Xiaocheng Technology, Shanjin International, and Chifeng Jilong Gold Mining rose over 3%, while Shandong Yulong Gold and Zhongjin Gold Corp.,Ltd rose over 2%.
On the news front, New York futures gold rose 2% today, regaining the $2900 mark. Additionally, JPMorgan forecasts that by the fourth quarter of 2025, gold prices may approach $3000 per ounce. The bank's bullish stance indicates that as investors seek safe-haven assets amid economic uncertainty, the upward trajectory of gold may continue.
Solid State Battery concept stocks adjust, Sanxiang Advanced Materials hits the limit down.
Sanxiang Advanced Materials hits the limit down, Fuxin Dare Automotive Parts falls about 15%, Lijia Technology declines over 13%, Liwang shares and Yintu United Networks drop over 12%, Changhong Energy and Xinyu Ren fall over 10%, Wuxi Lihu Corporation and Grinm Advanced Materials decrease over 9%.
On the news front, several companies have recently released production timelines for Solid State Batteries. Analysts point out that for solid-state batteries to achieve commercial application, in addition to tackling technical issues and improving material performance, cost reduction is also key. Firstly, the raw material costs, including solid electrolytes and cathodes and anodes with higher theoretical capacities, are relatively high. For example, the price of lithium sulfide is 5 to 10 times that of lithium carbonate. Secondly, solid-state batteries have extremely high requirements for production environments and raw material purity, which demand stricter standards for production processes and quality control, resulting in a higher replacement rate of production equipment. Additionally, an incomplete Industry Chain can also raise costs.
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
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