A-share robot-related sectors strengthened on Monday, Yushu Technology's stock price surged

China News Service, Beijing, October 19 (Reporter Chen Kangliang) The overall performance of China's A-shares was stable on the 19th (Monday), with major stock indexes rising more than falling. Robot-related sectors were among the top gainers and performed well.

According to statistics from the financial data service provider Oriental Fortune, the robot actuator and robot sectors rose by 2.95% and 2.9% respectively that day, with the robot actuator sector leading the gains in all A-share concept sectors. In terms of individual stocks, the share price of Yushu Technology rose by more than 16% that day, and the share prices of Ningbo Dongli, Buke, Shuanghuan Transmission, and MOONS Electric all rose by more than 7%.

On the news, the Ministry of Commerce of China announced on the 19th the opinions of nine departments including the Ministry of Commerce on accelerating the promotion of science and technology business (hereinafter referred to as the opinions). The opinion proposes to cultivate new intelligent service formats such as healthy and standardized robots and virtual digital human companionship.

In terms of the performance of the major A-share indexes that day, as of the close, the Shanghai Composite Index reported 3,730 points, an increase of 0.39%; the Shenzhen Component Index reported 11,817 points, an increase of 0.13%; the GEM Index reported 2,746 points, a decrease of 0.94%. The total transaction volume in Shanghai and Shenzhen stock markets was approximately 1,437.5 billion yuan, a decrease of approximately 117.9 billion yuan from the previous trading day.

Guo Yiming, investment consulting director of Shaanxi Jufeng Investment Information Co., Ltd., said that policy and industry news are still important variables in the market. The above opinions suggest that improving the application level of new technologies such as artificial intelligence, big data, Internet of Things, cloud computing, blockchain, digital twins, and embodied intelligence is expected to continue to strengthen expectations for the integration of technology and consumption scenarios, which will benefit related listed companies.