A-shares experienced an uptick, with POP MART once again capturing significant market attention.
On January 22nd, A-shares showed volatile gains, retreating at one point during the session before closing higher. The Shanghai Composite Index finished up 0.14%, the Shenzhen Component Index rose 0.5%, and the ChiNext Index advanced 1.01%.
A total of 3,577 stocks registered gains, with 92 hitting the daily upper limit, while 1,777 stocks declined.
Commercial aerospace concept stocks demonstrated strength, with companies like Triangle Defense and Juli Rigging among more than ten that surged to the涨停 limit.
Oil and gas stocks saw a mid-session rally, with RenZhi Co., Ltd. and Shengli Co., Ltd. among those封板.
Robotics concept stocks were repeatedly active, with Fulei New Materials and Yichang Technology reaching the涨停 limit.
On the downside, the semiconductor sector opened high but moved lower, with Blue Rocket Electronics falling nearly 10%.
In the afternoon, Guosheng Technology opened after hitting the跌停 limit and subsequently surged to the涨停 limit,上演 a dramatic "floor-to-ceiling" rebound. Prior to this, Guosheng Technology had experienced five consecutive trading days of跌停 limits. The company's performance预告 released on January 21st indicated an anticipated net loss of 325 million to 650 million yuan for 2025; after adjusting for non-recurring gains and losses, the estimated net profit attributable to shareholders was a loss of 314 million to 639 million yuan.
Guosheng Technology's share price had been on a steep upward trajectory since last October. The company issued multiple announcements stating that the cumulative increase in its stock price deviated from its fundamentals, highlighting risks of overheated market sentiment, irrational speculation, and potential for a sharp short-term correction.
On the evening of January 14th, the Shanghai Stock Exchange stated that Guosheng Technology's share price had continued to experience significant volatility recently, and that some investors had engaged in abnormal trading behaviors affecting normal market order during transactions of this stock. The exchange accordingly took self-regulatory measures, including suspending the trading accounts of the relevant investors.
The electronic wooden fish is trending! POP MART's stock price soared. On the 22nd, in the afternoon session, the share price of POP MART, which had been subdued for an extended period, surged over 6%! The news driving this move was a new product trending online.
Reportedly, the PUCKY Knock-Knock series electronic wooden fish (a plush keychain blind box) product launched by POP MART in January transforms the traditional wooden fish into an electronic sound-emitting device. Tapping its head triggers sound effects, combined with auspicious labels like "Wealth +1" and "Happiness +1", primarily marketing its emotional stress-relief functionality.
Furthermore, it is worth noting that on the evening of January 21st, POP MART announced that it had repurchased 500,000 of its own shares for HK$96.49 million on the same day, at prices between HK$191.1 and HK$194.9. This marks the company's second share buyback within the week, with cumulative repurchase amounts nearing HK$3.5 billion.
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