The three major A-share stock indexes continued to collectively open slightly lower on February 19. After a rapid rise at the beginning of the session, the gains narrowed slightly in the afternoon. In the afternoon, the two cities maintained a high-level shock pattern, and the three major stock indexes rose significantly at the end of the session.

From the perspective of the disk, the robot industry chain broke out, and Unitree Robot led the rise; The semiconductor industry chain rose in the afternoon, and the themes of rare earth permanent magnets, photovoltaics, lithium batteries, computing power, DeepSeek, and intelligent driving were active.

At the close, the Shanghai Composite Index rose 0.81% to 3,351.54 points, the STAR 50 Index rose 2.31% to 1,034.57 points, the Shenzhen Component Index rose 1.46% to 10,772.62 points, and the ChiNext Index rose 2.03% to 2,226.98 points.

Wind statistics show that a total of 4,644 stocks rose in the two cities and the Beijing Stock Exchange, 591 stocks declined, and 159 stocks were flat.

The total turnover of the Shanghai and Shenzhen stock exchanges was 1,721 billion yuan, a decrease of 78.1 billion yuan from 1,799.1 billion yuan on the previous trading day. Among them, the Shanghai market turnover was 675.1 billion yuan, a decrease of 21.7 billion yuan from the previous trading day's 696.8 billion yuan, and the Shenzhen market turnover was 1,045.9 billion yuan.

According to Great Wisdom VIP, a total of 209 stocks in the two cities and the Beijing Stock Exchange rose by more than 9%, and 2 stocks fell by more than 9%.

Humanoid robots attacked on all fronts, and coal banks fell first

In terms of plates, humanoid robots and Yushu robots are attacking on the whole line, and a large number of stocks such as Changsheng Bearing (300718), Shuanglin (300100), Obi Zhongguang (688322), Gu Hi-Tech (3015010), Fengli Intelligent (6301368), and Topstar (300607) have risen by more than 10%.

Semiconductors strengthened, Huahong Company (688347), Shanghai Silicon Industry (688126), Hengshuo shares (688416), Guoke Micro (300672), Siruipu (688536), Weier shares (603501) and other shares rose by more than 10%.

Auto stocks set off a tide of daily limits, Shuanglin shares (300100), Xingyuan Zhuomei (301398), Longsheng Technology (300680), Siling shares (301550), Aolian Electronics (300585), Best (300580), Zhaomin Technology (301000) and other more than 20 shares rose or rose by more than 10%.

Coal stocks led the decline, with Jinkong Coal (601001), Gansu Nenghua (000552), Shaanxi Coal (601225), Power Investment Energy (002128), and China Coal Energy (601898) falling more than 1%.

Bank stocks were lower, with Bank of Ningbo (002142), Changshu Bank (601128), Bank of Chongqing (601963), Bank of Xiamen (601187), and Bank of Lanzhou (001227) among the top decliners.

Petroleum and petrochemical performance was poor, Guangju Energy (000096) fell more than 3%, Sinopec (600028), PetroChina (601857), CNOOC (600938) and other companies fell against the market.

It is advisable to seize structural opportunities

Zhongyuan Securities pointed out that the current average price-earnings ratios of the Shanghai Composite Index and the ChiNext Index are 14.24 times and 38.58 times respectively, which are at the median average level in the past three years, which is suitable for medium and long-term layout. It will focus on the implementation of the new "National Nine Articles", the optimization of the medium and long-term capital entry mechanism, and the structural policy support in the fields of consumption and technology. ETFs have become the main incremental funds, and the trend of residents' asset allocation to the equity market is obvious, and it is expected that the net inflow of A-share funds may reach 1.2 trillion yuan in 2025. Recently, foreign institutions have rebounded in their attention to A-shares, and policy optimization and low valuations are still the core attractions. It is expected that the regulator will continue to implement a proactive fiscal policy and a prudent monetary policy, maintain reasonable and abundant liquidity, and create a favorable policy environment for the capital market. With the continuous implementation of domestic macro-control and pro-growth policies, the market is expected to show the characteristics of technology-led and policy-driven in the future. The main line still revolves around scientific and technological innovation and policy dividends, and it is still necessary to pay close attention to the changes in policy, capital and external market. It is recommended to pay attention to investment opportunities in industries such as batteries, banks and photovoltaic equipment in the short term.

Hualong Securities pointed out that on Tuesday, the market opened low in the morning and fell sharply in the afternoon, with the largest divergence since February, falling below the 5-day moving average and closing above the 10-day moving average, more than 4,600 stocks fell, losing money and feeling at a freezing point. The divergence in the direction of AI has increased, especially DeepSeek, which has fallen sharply, but there is still a strong target for repair in the direction of computing power, and the state-owned cloud has become a hot spot and has not been able to further drive AI repair, and Grok-3 belongs to the news cash. The robot direction diverged on Tuesday after a strong fix on Monday, but with the release of some incremental news during the session, the correction was modest. Other banks, batteries and other sectors are more defensive or rotational ideas.

Zhongtai Securities pointed out that in the short term, the market may have certain adjustment pressure in the next two weeks after the recent sentiment has been fully interpreted and spread. At present, there is still time before the two sessions, and it is expected that the market may maintain a volatile pattern before the two sessions, and technology stocks will also be repeatedly active, but the rotation will further accelerate. In terms of industry, the research and development of innovative drugs, military industry, high-end manufacturing and other hard technology directions may be potential positive sectors for the follow-up "bright sword" and the revaluation of science and technology of major countries.

Dongguan Securities said that under the combined effect of multiple factors such as the continuous force of fiscal policy, the moderate easing of monetary policy and the capital replenishment of large state-owned banks, credit demand is expected to be further boosted. In addition, with the gradual development of the post-holiday market, the phased landing of external risk factors has a limited impact on the market, and the market's macro policy expectations for the upcoming two sessions are gradually condensed, and the rebound is expected to continue. In terms of sector selection, it is recommended to focus on TMT, banking, non-ferrous metals, automobiles and other sectors.

Huaxi Securities pointed out that there may be two ways to interpret the market before the two sessions in March, one is to continue to rebound after a short pullback, and the other is to continue to rise but the slope is slow. For funds that have positions and can withstand certain fluctuations, they may consider continuing to hold them in order to gain benefits driven by follow-up policy expectations and new trends in the technology industry; For the funds that have not yet entered the market, the current rise has entered the "deceleration zone", and it may be difficult to operate after buying.