China Stock of the Day | Kabutaro & Friends

Jiangsu Saifutian Group <603028>, a maker of special steel wire ropes, rigging and solar cells, was the Chinese stock most talked about online on October 27, 2026.
Background: Listed on the Shanghai Stock Exchange, the company closed at its limit-up price of 10.33 yuan again on this day, marking its 4th consecutive limit-up. That was the longest streak among the 12 robot-related stocks that hit limit-up that day. Humanoid robot stocks were in demand from the morning of October 26, and the company's shares were bought along with them. On October 23, the company issued an announcement on abnormal stock price movements, explaining that the cumulative deviation of its closing price gains over the three trading days from October 21 to 23 exceeded 20%, and stated that its production and operations were normal and there were no major matters requiring disclosure. On the 26th, after the stock again closed at the limit-up price, it issued a risk warning announcement pointing to the possibility of irrational speculation. Net profit attributable to shareholders for the first half of 2026 was a loss of 32.4377 million yuan, and total market capitalization is about 2.95 billion yuan.