A股三大指数弱势走低 多数板块飘绿

Market Performance - The A-share market experienced a decline, with the Shanghai Composite Index falling by 2.45%, the Shenzhen Component down by 3.41%, and the ChiNext Index decreasing by 4.02% [1] - The total market turnover reached 198.36 billion yuan, an increase of 26.1 billion yuan compared to the previous trading day [1] Stock Movements - New stock Dapeng Industrial surged over 1200% [1] - Leading companies in the coated sand industry, such as Changjiang Materials, hit the daily limit, while Vision China also reached the daily limit, marking a "4 days 2 boards" performance [1] - Robotics concept stocks like Shida Group achieved two consecutive limit-ups, and Southern Road Machinery hit the daily limit [1] - In the energy metals sector, leading stocks such as Ganfeng Lithium, Shengxin Lithium Energy, and Tianqi Lithium all faced limit-downs [1] Technology Sector Insights - The technology sector is currently undergoing adjustments, with differing opinions on the valuation of tech stocks, particularly in AI, amid concerns over high valuations and capital expenditure pressures [1] - Some institutions remain optimistic about the long-term application prospects of technology stocks, suggesting a need for a long-term perspective in evaluating current market debates [1] AI Investment Outlook - CITIC Securities highlights that the core anxiety in the market regarding the technology sector is whether AI investments can achieve substantial capital returns through a commercial closed loop, which is a key factor influencing global capital markets in 2026 [2] - There is currently no consensus or answer to this question, indicating a need for patience in awaiting new industry changes [2] - The potential for a new systematic rally in the technology sector is highly dependent on new application changes that can unlock commercial imagination [2]