TechFlow News, January 26: The article notes that, in fact, since 2026, the rotation of popular concepts in China’s A-share market has accelerated significantly. Sectors such as commercial aerospace, AI applications, and humanoid robotics have sequentially heated up, driving some stocks to experience sharp short-term rallies. Against this backdrop, regulators have implemented cooling measures—including raising margin requirements for margin trading and suspending trading for stocks exhibiting excessive price surges for investigation—to rein in market exuberance. This targeted regulatory action against Fenglong Co., Ltd. directly addresses violations involving “hot-topic riding” and speculative theme-based trading.
It must be clearly understood that the series of regulatory measures is not intended to suppress popular sectors, but rather to draw a clear line between “genuine value” and “speculative hype”: focusing on cracking down on speculative activities—such as capital manipulation and abnormal trading—that are detached from a company’s fundamentals and exploit thematic concepts, while simultaneously protecting high-quality enterprises with core technologies, deep industrial ecosystem integration, and strong long-term growth potential. These efforts aim to guide market capital away from short-term thematic speculation toward long-term value investing, thereby safeguarding the healthy ecology of the capital markets. (Jinshi)
