Feng Huang Wang Cai Jing·2026-01-16 07:11Market Overview - The market opened high but closed lower, with all three major indices experiencing declines [1] - The total trading volume in the Shanghai and Shenzhen markets reached 3.03 trillion yuan, an increase of 120.8 billion yuan compared to the previous trading day [1] - Over 2900 stocks in the market fell [1] Sector Performance - The semiconductor industry chain showed strong performance, with Longji Technology hitting the daily limit and reaching a 5-year high, along with other stocks like Meike Technology and Kangqiang Electronics also hitting the daily limit [1] - The storage chip concept saw continued gains in the afternoon, with stocks like Baiwei Storage and Jiangbolong reaching historical highs [1] - The humanoid robot concept rose, with stocks such as Wuzhou New Spring and Founder Electric hitting the daily limit [1] - The electric grid equipment sector was active, with stocks like Siyuan Electric and Guangdian Electric also hitting the daily limit [1] Declining Sectors - The oil and gas sector, along with AI applications, experienced significant declines, with the AI application sector facing a wave of limit-downs [1] - Stocks such as Xinhua Du, Tianxiao, and Visual China all hit the daily limit down [1] Index Performance - The Shanghai Composite Index fell by 0.26%, the Shenzhen Component Index decreased by 0.18%, and the ChiNext Index dropped by 0.2% [1]