A-share market closing review | Continued weakness with the Shanghai Composite Index dropping 1.33% below the 3200-point mark. Consumer stocks continued to decline.

Market weakens in the afternoon, with the three major indexes continuing to decline, all dropping more than 1% towards the end of the session. By the close, the Shanghai Composite Index fell by 1.33%, the Shenzhen Component Index fell by 1.8%, and the ChiNext Index fell by 1.76%. In terms of market performance, Siasun Robot & Automation concept surged again, driving the PEEK material concept strength, with multiple stocks like Jianshe Industry Group, Shenzhen Zhaowei Machinery & Electronics hitting the daily limit; AI companion concept saw an initial rise, with Soho Holly Corporation, Profit Cultural & Creative Group hitting the daily limit or rising more than 10%; the semiconductor chip industry chain rose and then fell back, with Beken Corporation hitting the daily limit; small metals, rare earth, and other cyclical stocks remained active, with Tianhe Magnetics hitting the daily limit. On the downside, consumer stocks continued to decline, with internet e-commerce, small home appliances, kitchen and bathroom appliances leading the decline, and multiple stocks like Beijing Yuanlong Yato Culture Dissemination, Xinjiang Youhao (Group) Co., Ltd., Zhongbai Holdings Group hitting the daily limit; AI application stocks like Sora, cultural media, and Byte Bean swung low, with Huayang OURGAME, JC Finance & Tax Interconnect hitting the daily limit in the afternoon; AI glasses concept stocks plummeted, with Foshan NationStar Optoelectronics, Xiamen Leading Optics hitting the daily limit; computing power hardware stocks fell into adjustment, with Shenzhen Gongjin Electronics hitting the daily limit; solar energy, power equipment sectors oscillated lower, with Hangzhou Huasu Technology falling by more than 10%; stocks at high levels collectively fell sharply, with Shanghai Hi-tech Control System, Jiangsu Seagull Cooling Tower and other stocks hitting the daily limit. Overall, more stocks fell than rose, with over 4800 stocks declining in the market; the total turnover in the Shanghai and Shenzhen markets was 1.15 trillion yuan for the day, an increase of 36.3 billion yuan from the previous trading day. In terms of main funds, funds favored household electrical components, small metals, and other industries; funds flowed out of software development, optical optoelectronics, communication equipment, and other industries. Institutional Views Looking ahead, China Securities Co., Ltd. believes that in the short term, the index is in a dilemma at this position, facing active actions from major funds downwards and lacking sufficient momentum upwards, so the short-term pattern is likely to remain volatile. CITIC SEC believes that the Optimus project may bring strong confidence to the humanoid Siasun Robot & Automation sector, recommending a focus on key players in the Tesla Siasun Robot & Automation industry chain. Zhongtai suggests low positions in state-owned enterprises and hard technology industry chains. Hot Sectors 1. The semiconductor industry chain saw a wave of daily limit increases, with Beken Corporation hitting the limit. 2. Mobile and other products' new subsidies may drive semiconductor demand, and the AI's improvement in product experience may accelerate consumer turnover in the market.The concept of humanoid Siasun Robot & Automation is booming again.The concept of humanoid Siasun Robot & Automation erupts again, driving the concept of PEEK materials to rise, with multiple stocks such as Jianshe Industry Group and Shenzhen Zhaowei Machinery & Electronics hitting the limit up. Commentary: On the news front, in recent days, the humanoid Siasun Robot & Automation industry has seen intensive catalysis. Musk said that if everything goes smoothly, Tesla's humanoid Siasun Robot & Automation production will increase tenfold by 2026. Earlier, Huang Renxun emphasized the arrival of the GPT moment for humanoid Siasun Robot & Automation at CES 2025. 3. AI companion concept on the rise The AI companion concept rose at the beginning of the trading day, with Soho Holly Corporation and Profit Cultural & Creative Group hitting the limit up or rising more than 10%. Commentary: In terms of news, at this year's CES exhibition, multiple AI companion products were showcased. Tombot brought a mechanical pet dog named Jennie specifically designed to accompany Alzheimer's and other types of dementia patients in elderly care; it can make dog sounds, wag its tail, but cannot interact with real animals. This article is reproduced from "Tencent Self-Selected Stocks", GMT Editor: Lifu.