A-share closing review | Shanghai index fell 0.58% on shrinking volume, with over a hundred stocks rising by more than 10%! Many cross-border ETFs strengthened at the end of the session

On January 9th, the market fluctuated with low trading volume throughout the day, with the three major indexes showing mixed movements. By the end of the day, the Shanghai Composite Index fell by 0.58%, the Shenzhen Component Index rose by 0.32%, and the ChiNext Index rose by 0.11%. Over 2700 stocks in the two markets rose, with over a hundred stocks hitting their daily limit or rising by more than 10%. The total trading volume in the two markets was 1.11 trillion yuan for the day, a decrease of 131.7 billion yuan from the previous day. In terms of market performance, the computing power sector remained active, with PCB, data center power supplies, and liquid cooling showing strength. Stocks like Founder Technology Group saw over 10 stocks hit their daily limit. WeChat mini store concept stocks surged in the late afternoon, with stocks like Haoxiangni Health Food hitting their daily limit. Stocks related to Siasun Robot & Automation surged again in the afternoon, with over 10 stocks hitting their daily limit. The PCB concept index opened high and rose throughout the day, closing with a nearly 4% increase. On the downside, some consumer stocks experienced a pullback, with household appliances, kitchen and bathroom appliances, and duty-free shops showing weakness. Flu-related stocks, such as Shandong Lukang Pharmaceutical, continued to adjust. In the afternoon, several cross-border ETFs strengthened again, with the premium rate of the Standard & Poor's Consumer ETF (159529) breaking through 50% and hitting the daily limit at the close. Additionally, ETFs related to Saudi Arabia, Germany, and the Asia-Pacific region all rose by over 7%. The turnover rate for the German ETF exceeded 1800%, while the turnover rates for the Asia-Pacific and Saudi ETFs also exceeded 700%. In terms of institutional views, Orient pointed out that external risk expectations have become the main disruptive factor in the current market, and without clear resolution, the market will continue to fluctuate. indicated that the market is entering a period of profit-taking and that undervalued state-owned enterprises present good value. Cinda suggested that the period following consolidation could be a critical buying point before the Chinese New Year.Many stocks have hit the daily limit up.Review: On the news side, Musk stated in a recent online interview that if everything goes smoothly, the production of our humanoid Siasun Robot&Automation will increase tenfold by 2026. Therefore, our goal is to produce 50,000 to 100,000 humanoid Siasun Robot&Automation next year, and then increase by another tenfold in the following year. Huaan believes that 2025 will be the first year of mass production for humanoid Siasun Robot&Automation. 3. Partial correction of major consumer goods Consumer stocks have experienced a partial correction, with household appliances, kitchen appliances, duty-free shops, etc. showing a weak trend. Zhongbai Holdings Group and Shanghai Metersbonwe Fashion & Accessories have hit the limit down, while food stocks have rebounded in the late trading session, with Haoxiangni Health Food and Beijing Yuanlong Yato Culture Dissemination hitting the limit up. Pharmaceutical stocks have once again declined, with NMN, influenza, hepatitis, and other directions going down, and Shandong Lukang Pharmaceutical falling by over 9%. This article is reprinted from "Tencent Stock Selection", edited by GMTEight: Li Fo.