China News Service, Beijing, February 26 (Reporter Chen Kangliang) China's A-shares experienced a "cold" on the 26th (Monday). All major stock indexes fell. However, the equipment-related sectors bucked the trend and strengthened, performing well.

　　According to data from financial data service provider Oriental Fortune, the industrial machine concept sector rose by 7.39% that day, and general equipment, special equipment and other industry sectors rose by 4.73% and 4.11% respectively, leading the gains.

In terms of individual stocks, Kunbo Precision recorded a 30% increase on the day, and stocks such as Lanjian Intelligent, Huazhong CNC, and Tianzhun Technology all rose by 20%.

　　Recently, the fourth meeting of the Central Financial and Economic Commission was held to study the issue of large-scale equipment renewal and trade-in of consumer goods, and to study the issue of effectively reducing logistics costs for the whole society.

The meeting pointed out that it is necessary to promote the updating and technological transformation of various production equipment and service equipment, encourage the trade-in of traditional consumer goods such as automobiles and home appliances, and promote the trade-in of durable consumer goods.

　　Fan Yimin, an analyst at Huachuang Securities, said that general equipment is expected to be the first to benefit from this round of large-scale equipment update policies.

General equipment mainly includes complete machine parts such as industrial mother machines, industrial robots, and construction machinery, as well as component parts such as cutting tools and reducers.

As a midstream industrial investment product, the growth momentum of general equipment is driven by downstream demand and has typical cyclical growth characteristics.

Under the influence of large-scale equipment renewal policies and industrial upgrading trends, it is expected to be the first to benefit.

　　Deng Lijun, an analyst at Huajin Securities, said that the above policies are expected to boost the trend of A-shares.

The equipment updates and trade-in of consumer goods proposed at the meeting will help boost domestic demand, thereby raising market expectations for China's economic growth and the profitability of related industries.

　　In terms of the overall performance of the market, as of the close of the day, the Shanghai Composite Index reported 2,977 points, down 0.93%; the Shenzhen Component Index reported 9,066 points, down 0.04%; the GEM Index reported 1,751 points, down 0.37%.

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