Market Overview - The market experienced a day of volatility with the ChiNext Index falling over 2.5%. The total trading volume in the Shanghai and Shenzhen markets was 2.15 trillion yuan, a decrease of 224.2 billion yuan compared to the previous trading day. Over 3,400 stocks declined across the market [1][8] Sector Performance Wind Power Sector - The wind power sector showed strength, with companies like Jixin Technology and Weili Transmission hitting the daily limit. The National Energy Administration reported that as of the end of August, the total installed power generation capacity in the country reached 3.69 billion kilowatts, a year-on-year increase of 18.0%, with wind power capacity at 580 million kilowatts, up 22.1% year-on-year. Analysts suggest that wind turbine manufacturers may still present investment opportunities due to a combination of factors including rising profitability and overseas market potential [2][7] Nonferrous Metals Sector - The nonferrous metals sector was also active, with Jingyi Co. achieving a three-day limit increase. The China Nonferrous Metals Industry Association expressed strong opposition to "involution" competition in the copper smelting industry. Additionally, the Grasberg mine in Indonesia, the second-largest copper mine globally, announced a force majeure due to a landslide, impacting production [2][10] Individual Stock Performance - The market saw a significant increase in losses, particularly among high-profile stocks. Companies such as Huasoft Technology and Kaimete Gas hit the daily limit down. The technology sector, which had been a market leader, experienced notable declines, with stocks like Luxshare Precision and Industrial Fulian dropping over 5% [5][6] Future Market Analysis - The market is expected to continue its adjustment phase, with the ChiNext Index showing relative weakness. The Shanghai Composite Index is maintaining a range between 3,740 and 3,900 points. Analysts believe that as long as this range is not broken, market risks remain limited. The recent declines may be attributed to profit-taking ahead of the holiday, and there may be opportunities for recovery in popular sectors once selling pressure is alleviated [8][10]
每日收评创业板指震荡走低跌2.6%,科技股集体熄火,高位人气股大面积退潮