A[October 9th Daily Limit Analysis] On October 9th, a total of 69 stocks in the market reached their daily limit today, 12 stocks were listed, 14 stocks failed to be closed, and the closing rate was 83% (excluding ST shares and delisted stocks). In terms of focus stocks, Xinhua Media, which was merged and reorganized, had 9 consecutive boards, Xinhua Wenxuan had 7 boards in 10 days, PCB concept stock Aohong Electronics had 9 boards in 15 days, and lithium battery sector Times Wanheng had 5 consecutive boards. A[Review: The three major indexes bottomed out and rebounded and collectively closed in the red, and the film and television media sector broke out] On October 9th, the market bottomed out and rebounded in the afternoon, and the three major indexes collectively turned red. The GEM index once fell by more than 3%. The turnover of the Shanghai and Shenzhen stock markets was 1.9 trillion, 218.4 billion higher than the previous trading day. More than 3,200 stocks across the market rose. On the market, hot spots are rotating rapidly, and the film and television and media sectors continue to rise. Chinese Online, Shanghai Movies, Longban Media, Jishi Media, Mango Super Media, New Classics, and Zhangyue Technology are at daily limit; the lithium battery concept is strong in the market, Times Wanheng has 5 consecutive boards, and Zizhu Hi-Tech has 4 consecutive boards. Board, leading Pai Technology 2 consecutive boards, Jinyuan shares daily limit; agricultural Jinjian Rice Industry, Wanxiang Denong, Dunhuang Seed Industry daily limit; large consumer Guofang Group, Baida Group, Liren Lizhuang daily limit; organic silicon concept is active, Chenguang New Materials daily limit, Dongyue Silicon Material 20CM daily limit. In terms of decline, the wind power equipment sector fluctuated and fell, Daikin Heavy Industry fell to the limit, Haili Wind Power, Tianshun Wind Energy, etc. fell one after another; the PCB concept weakened, and Jinan Guoji closed the limit. As of the close, the Shanghai Stock Exchange Index rose 0.05%, the Shenzhen Component Index rose 0.17%, and the ChiNext Index rose 0.22%. A[Afternoon Commentary: The GEM index fell 2.61% and fell below 3,000 points. The lithium battery concept bucked the trend and strengthened] On October 9, the market fell collectively in early trading, and the GEM index fell below 3,000 points. The half-day turnover of the Shanghai and Shenzhen stock markets was 1.17 trillion, 62.8 billion higher than the previous trading day. More than 4,300 stocks across the market fell. On the market, the lithium battery concept bucked the trend and strengthened during the session, with Liwang Co., Ltd. having a 30CM double board, Times Wanheng having a 5-way board, Zizhu Hi-tech having a 4-way board, Lingpai Technology having a 2-way board, Tianci Materials and Jinyuan shares rising to their daily limit; agricultural Jinjian Rice Industry and Wanxiang Denong rising to their daily limit; large consumers Guofang Group and Liren Lizhuang trading at their daily limit; silicone concepts were active, M&G New Materials rising to their daily limit, and Dongyue Silicon Materials rising to their daily limit 20CM. In terms of decline, the concept of computing power hardware collectively weakened, with MLCC and PCB leading the decline. Yunzhong Technology, China Ceramics Materials, and Fangbang Shares fell by more than 10%, and Huazheng New Materials and Jinan Guoji fell by the limit. As of the close, the Shanghai Stock Exchange Index fell 1.21%, the Shenzhen Component Index fell 2.09%, and the ChiNext Index fell 2.61%. A[Lithium battery concept continues to rise, Tianci Materials and other stocks have reached daily limit] On October 9th, lithium battery concept continued to rise during the session, with Tianci Materials and Jinyuan shares hitting the daily limit. Previously, Times Wanheng had five consecutive boards, Longpan Technology, Zizhu Hi-Tech, Corun, Xiongtao shares and other stocks hit the daily limit, and Liwang and Keheng shares rose by more than 10%. In terms of news, according to the latest research on the industry chain, six battery sample companies planned to schedule a total of 214.6GWh in October, a 57% year-on-year increase and a month-on-month increase of 4%. The year-on-year growth rates of positive electrode, negative electrode and electrolyte production are close to or exceeding 48%. B[The concept of solid-state batteries has repeatedly strengthened, Zizhu Hi-Tech 4-connected board] On October 9th, the concept of solid-state batteries has repeatedly strengthened, with Zizhu Hi-Tech 4-connected board, Fengyuan Shares, Longpan Technology, Keheng Shares, Haike Xinyuan, Menguli, etc. following the rise. According to the news, the "15th Five-Year Plan for the Development of the New Battery Industry" jointly issued by seven departments including the Ministry of Industry and Information Technology: The plan proposes that by 2030, all-solid-state batteries will initially achieve large-scale application and the cycle life of long-life lithium batteries will reach 15,000 times. The plan will continue to carry out the construction of lithium battery standard systems and promote the development of standards in key areas such as all-solid-state batteries and sodium batteries. A[Solid-state battery concepts continue to rise, Liwang shares and other stocks have hit their daily limit] On October 8, solid-state battery concepts continued to rise during the session, with Liwang shares hitting the daily limit of 30cm. Previously, Jinyinhe, Zizhu Hi-Tech, Fengyuan shares, Xiongtao shares, Chuanyi Technology and other stocks hit the limit. Wuhan Blue Electric rose by more than 20%, and Nakonol and Lingge Technology both rose by more than 10%. According to the news, the "15th Five-Year Plan for the Development of New Battery Industry" jointly issued by seven departments including the Ministry of Industry and Information Technology, the plan proposes that by 2030, all-solid-state batteries will initially achieve large-scale application and the cycle life of long-life lithium batteries will reach 15,000 times. The plan will continue to carry out the construction of lithium battery standard systems and promote the development of standards in key areas such as all-solid-state batteries and sodium batteries. A[The GEM Index rose more than 1%, nearly 4,200 stocks rose in the three cities] On October 8, the index strengthened, the GEM Index rose more than 1%, the Shanghai Index rose 0.45%, and the Shenzhen Component Index rose 0.69%. Lithium batteries, port shipping, PCB, oil and gas were among the top gainers, with nearly 4,200 stocks rising in Shanghai, Shenzhen and Beijing. A[Bidding to see the leader] On September 30, the market focus stock Xinhua Media (6 boards) bid at the daily limit, PCB concept stocks Aohong Electronics (8 boards in 12 days) opened flat, Eton Electronics (2 boards in 4 days) opened higher by 3.88%, AI application concept stocks Zhongxinseike (7 boards in 13 days) opened lower by 1.89%, Nanwei Software (4 boards in 6 days) opened higher by 2.67%, the media board Xinhua Wenxuan (6 boards in 7 days) opened lower by 1.82%, Huamei Holdings (3 boards in 6 days) opened lower by 2.42%, robot concept stock Xuelong Group (4 boards) opened higher by 0.05%, Xiangyang Bearing (3 boards) opened lower by 8.79%, dye sector Shanshui Technology (GEM 2 boards) opened higher by 10.89%, and lithium battery sector Era Wanheng (2 boards) opened at the daily limit. B[Domestic commodity futures closed mixed] On September 29, domestic commodity futures closed mixed, with pure benzene, styrene, propylene, and methanol rising by more than 3%, plastics rising by more than 2%, and asphalt, PTA, pigs, soybeans, PVC, and fuel oil rising by more than 1%. In terms of decline, No. 20 plastic and crude oil fell by more than 3%, eggs, polysilicon, rubber, Shanghai silver, and platinum fell by more than 2%, and palladium, lithium carbonate, alumina, cotton, and Shanghai gold fell by more than 1%. A[September 29 morning news selection]
1. Li Qiang presided over the executive meeting of the State Council. The meeting pointed out that a number of pragmatic and effective incremental policies should be launched, fiscal expenditure arrangements should be optimized, local government debt balance limits should be fully utilized, commodity market policy tools should be comprehensively used and adjusted in a timely manner, re-loan quotas should be increased for technological innovation and technological transformation, supporting agriculture and small businesses, etc., and policies and measures to stabilize the real estate market and promote employment and income should be studied and introduced.
2. The "15th Five-Year Plan" for the Development of New Battery Industry jointly formulated by seven departments including the Ministry of Industry and Information Technology. The "Plan" proposes that the goal is to initially achieve large-scale application of all-solid-state batteries by 2030. The "Plan" also proposes to build a gradient cultivation system for high-quality enterprises, cultivate and nurture leading enterprises in the new battery field, and support corporate mergers and reorganizations.
3. When answering questions at a regular press conference on the 28th, Foreign Ministry spokesperson Guo Jiakun stated that China has always advocated that the United Nations should continue to play its role as the main channel and build a fair and reasonable global artificial intelligence governance system. At the same time, we are also willing to maintain communication with the United States through channels such as the Artificial Intelligence Intergovernmental Dialogue.
4. Shanghai has issued local implementation opinions on the reform of the commercial housing sales system, which mainly include policy measures in six aspects, including strengthening pre-sale management, implementing existing home sales, promoting the host bank system, increasing financing support, optimizing land supply management, and improving quality supervision and market order.
5. The Guangdong Provincial Party Committee Comprehensively Deepening Reform Committee held a meeting on the morning of the 28th. The meeting emphasized the need to give full play to the demonstration and leading role of leading enterprises, vigorously develop new mechatronics industries, and accelerate the development of "artificial intelligence + robots" into a high-tech, high-growth, large-scale industrial cluster.
6. The Shanghai Stock Exchange and China Securities Index Co., Ltd. will officially release the Shanghai Stock Exchange Photovoltaic Technology Innovation Leading Index on October 9, 2026, providing the market with more abundant investment targets.
7. Some Chinese securities firms in Hong Kong have begun to clean up their existing business in the mainland. It is understood that on September 28, in order to implement relevant regulatory requirements, Guotai Junan International has made partial adjustments to the services available for existing investor accounts in mainland China starting from the 26th of this month.
8. It was learned from the National Medical Insurance Administration’s centralized purchasing results conference for oral medical consumables that after the first round of centralized purchasing, the price of a single dental implant dropped from about 15,000 yuan to about 7,000 yuan.
9. CITIC Securities announced that Zou Yingguang was elected as chairman of the board and will perform the duties of general manager on his behalf.
10. Changxin Technology announced that it plans to invest 24.1 billion yuan and 10.8 billion yuan respectively in the construction of technology research and development projects and the second phase of the memory wafer back-end test base project. Yuanlin Co., Ltd. announced that it plans to acquire 93.5% of the shares of memory chip and module company Hualan Micro, and the stock will resume trading.
11. Guangzhou Automobile Group announced that it plans to issue shares to purchase 50% of FAW Toyota's equity and the stock will resume trading.
12. Guoxuan High-tech announced that it plans to jointly invest approximately 3.222 billion euros with the Volkswagen Group to build three joint ventures and build a lithium iron phosphate cathode material project with an annual output of 100,000 tons. Three Gorges New Materials announced that it planned to purchase no less than 53.14% of the shares of Zhuhai Saiwei, a lithium battery electrolyte company, and the stock was suspended.
13. Bee Assistant announced that it signed a 5.717 billion yuan computing power service agreement and a 3.96 billion yuan computing power server purchase agreement.
14. Xinlian Integration announced that it expects operating income in the first three quarters to be approximately 7.766 billion yuan, a year-on-year increase of approximately 43.23%, and net profit to be approximately 681 million yuan, turning losses into profits compared with the same period last year.
15. TCL Zhonghuan announced that it plans to repurchase the company's shares for 400 million to 500 million yuan. Changhong Technology announced that it plans to repurchase shares for 100 million to 200 million yuan. Huaqin Technology announced that it plans to repurchase the company's shares for 300 million to 400 million yuan.
16. The three major U.S. stock indexes collectively closed down, with the Nasdaq falling 0.92%, the S&P 500 falling 0.77%, and the Dow Jones Industrial Average falling 0.67%. Optical communications and memory chip sectors were among the top decliners, with ARM falling by more than 8%, Qualcomm falling by more than 7%, and Intel and SK Hynix falling by more than 5%.
17. According to reports, US officials said that Trump is ready to relax sanctions on Iran and unfreeze its frozen assets in exchange for progress on the Iranian nuclear issue. But Trump said the report was untrue.
18. Sources say Iran has agreed to stop uranium enrichment in exchange for the relaxation of U.S. sanctions. Iranian officials stated that the nuclear issue is no longer the core or axis of negotiations, and that the Strait of Hormuz is now the focus of negotiations.
19. U.S. bond yields continued to surge during the session on Monday, with the 10-year U.S. Treasury bond yield rising to above 5.27%, a new high since 2007; and the 30-year Treasury bond yield setting a new high since 2002.
20. Nvidia’s board of directors approved an increase in the stock repurchase plan by US$150 billion, bringing the total to US$235 billion. The repurchase plan is expected to be implemented before fiscal year 2028.
21. Anthropic releases the Sonnet 5.5 model. Anthropic says Sonnet 5.5 runs significantly faster than Sonnet 5 and is a low-cost alternative to Opus 5.5. B[The "15th Five-Year Plan" for the Development of New Battery Industry: Exploring the International Acceptance Plan for New Battery Digital Passports] On September 28, seven departments including the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Transport, the Ministry of Commerce, the State Administration for Market Regulation, the National Energy Administration, and the National Railway Administration recently jointly issued the "15th Five-Year Plan for the Development of the New Battery Industry." It pointed out that product traceability and carbon footprint management should be improved. Strengthen the construction of public service capabilities such as full life cycle traceability management of new batteries, strengthen overall coding management, establish a digital ID card management system for new energy vehicle power batteries and other products, realize information transparency and intelligent management of the entire industry chain, and explore international solutions for new battery digital passports. Coordinate and promote the construction of a carbon footprint accounting system for new battery products and actively carry out product carbon footprint management. Build a new battery life cycle assessment model, continue to improve the product carbon footprint factor database, and promote international mutual recognition and sharing of data. B[The "15th Five-Year Plan" for the Development of the New Battery Industry is issued: guiding enterprises to "go global" in an orderly manner and guiding enterprises to carry out overseas investments in a diversified and orderly manner] On September 28, seven departments including the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Transport, the Ministry of Commerce, the State Administration for Market Regulation, the National Energy Administration, and the National Railway Administration recently jointly issued the "15th Five-Year Plan for the Development of the New Battery Industry". It pointed out that enterprises should be guided to "go global" in an orderly manner. Strengthen the analysis and judgment of global new energy market demand and geo-environment. Coordinate the use of both domestic and international markets and resources to guide enterprises to carry out overseas investments in a diversified and orderly manner. Improve risk prevention and emergency response mechanisms, and strengthen the safety of enterprises going overseas. Create a highland of open cooperation. Strengthen efficient interactions with international economic and trade organizations, industry business associations, and professional investment institutions, and carry out regular cooperation and docking. Build a new battery industry and technology cooperation platform with international influence, meet the application needs of diverse international markets, and improve the global adaptability of enterprise product systems. Improve the overseas comprehensive service system, promote international multilateral and mutual recognition cooperation, and reduce technical trade barriers. A[Seven departments: By 2030, all-solid-state batteries will initially achieve large-scale application] On September 28, the "15th Five-Year Plan for the Development of New Battery Industry" jointly formulated by seven departments including the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Transport was officially released (hereinafter referred to as the "Plan"). The "Plan" proposes to coordinate development and safety, with the theme of promoting high-quality development, to accelerate the construction of a new battery industry system that is innovation-led, safe, efficient, resilient, smart and green, to promote a comprehensive improvement in the level of technological innovation, product added value, corporate competitiveness, and industrial chain modernization, and to provide strong support for the development of new productivity and the advancement of new industrialization. The goal is that by 2030, the scale of China's new battery industry will achieve steady growth; the innovation capabilities of the entire chain will continue to increase, new breakthroughs will be made in advanced materials, new system battery research and development will make significant progress, all-solid-state batteries will initially achieve large-scale application, the cycle life of long-life lithium batteries will reach 15,000 times, and the product defect rate of leading companies will reach the PPB (parts per billion) level; the construction of a full-scenario application ecosystem will be accelerated, battery technology, clean energy, and energy-consuming terminals will accelerate the integration of innovation and development; the integration of international trade and investment will be further advanced to serve global green and low-carbon development. B[Most of the main domestic futures contracts fell, with lithium carbonate and Shanghai silver falling by more than 4%] On September 28, most of the main domestic futures contracts fell, with lithium carbonate and Shanghai silver falling by more than 4%, live pigs falling by more than 3%, palladium falling by nearly 3%, and coking coal, dates, glass, and Shanghai gold falling by more than 2%. In terms of growth, the European container shipping line rose by more than 5%, methanol rose by more than 4%, fuel oil rose by more than 3%, beans rose by nearly 2%, and propylene, liquefied petroleum gas (LPG), polysilicon, and asphalt rose by more than 1%.
— All loaded —
