On the morning of January 22, 2026, the A-share market rose and then fell, with all three major indices turning negative. The ChiNext Index once surged by over 1%. The trading volume in the Shanghai and Shenzhen markets reached 1.77 trillion yuan in the morning session, an increase of 142.6 billion yuan from the previous trading day, with over 3,200 stocks rising across the market. On the board (Chinese term meaning 'market landscape' or 'market performance'), hot topics rotated rapidly. The commercial aerospace concept continued to warm up, with more than ten constituent stocks hitting the daily limit. The oil and gas concept remained strong, the coal sector rose rapidly, and the robot concept strengthened repeatedly. The precious metals concept rose and then fell. By the midday break, the Shanghai Composite Index was down 0.15%, the Shenzhen Component Index was down 0.17%, and the ChiNext Index was down 0.4%.