Venture(US:VEMLY) Sou Hu Cai Jing·2025-10-10 08:16Overall Market Situation - The Shanghai Composite Index fell by 0.94%, while the Shenzhen Component Index dropped by 2.7%. The most significant decline was seen in the ChiNext Index, which fell by 4.55% [3] - The total trading volume across the Shanghai, Shenzhen, and Beijing markets was 25,341 billion yuan, a decrease of 1,377 billion yuan from the previous day. Over 2,500 stocks experienced declines, indicating a broad market downturn, but not to the point of panic [3] Sector Performance - The battery sector experienced the most notable declines, with leading companies like Peking Tai and Tianqi Materials hitting their daily limit down. Other companies such as Sieng Intelligent and Yiwei Lithium Energy also saw declines exceeding 10% [3] - The semiconductor sector also faced downward pressure, with companies like Huahong Semiconductor and Dongxin Semiconductor leading the decline. Even the precious metals sector, which had seen gains the previous day, faced a downturn [3] - Conversely, several sectors showed resilience, including the gas sector, which saw significant gains with companies like Dazhong Public Utilities and Hongtong Gas hitting their daily limit up. Other sectors such as cement, coal, port shipping, and pork also experienced increases [3] Investment Perspective - The recent decline in popular sectors is viewed as a normal "profit-taking" adjustment rather than a fundamental issue with the industry. Demand for batteries remains strong, and the logic of domestic substitution in semiconductors is still intact [4] - The decrease in trading volume suggests a lack of panic selling, indicating that investors are not overly concerned [4] - It is advised to focus on sectors that are performing well, such as gas and electric grid equipment, and to consider whether the recent declines in battery and semiconductor sectors have made valuations more reasonable [4]