STAR Market companies release earnings forecasts and buyback announcements in quick succession; STAR 50 Index falls below its annual line after the holiday

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Summary · why it matters

On the first trading day after the National Day holiday, the technology sector came under pressure. The underlying index of STAR 50 ETF Ping An, the SSE STAR 50 Constituent Index, fell 3.21 percent as of 10:43 a.m. on October 9, 2026. The previous trading day, the index had already dropped nearly 5 percent, breaking below its annual line and prior lows. Constituent stocks were mixed, with Amlogic rising 4.87 percent to lead gains, Transsion Holdings up 3.51 percent, and Western Superconducting Technologies up 2.28 percent. Allist Pharmaceuticals led declines with a drop of 9.25 percent, Shengyi Electronics fell 8.05 percent, and Yuanjie Technology declined 8.03 percent. On the news front, STAR Market companies released a dense batch of announcements on October 8, covering earnings forecasts, share buybacks, and major orders. On the earnings side, Amlogic issued a third-quarter earnings forecast, projecting net profit for the first three quarters of this year at 1.26 billion to 1.31 billion yuan, up 80.58 percent to 87.74 percent year on year. On the buyback side, preliminary statistics showed that more than 30 STAR Market buyback progress announcements appeared that evening, with total repurchased amounts exceeding 3.2 billion yuan.

Impact on assets 7

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