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Hoshine Silicon Industry said lower revenue from the industrial silicon and silicone businesses was a major factor behind the significant decline in its operating revenue in 2025, according to a Saturday filing with the Shanghai bourse.The silicon-based materials maker's shares dropped 4% in recent trade.The company made the explanation in response to an inquiry from the Shanghai Stock Exchange seeking details on the factors behind the sharp decline in its 2025 results.The attributable net loss during the fourth quarter of 2025 was 2.67 billion yuan, accounting for 89.2% of the company's full-year loss of 2.99 billion yuan, which was the company's first annual loss since its listing. Operating revenue for the year dropped 23% to 20.5 billion yuan.

A股主要指数再度拉升，此前均一度转跌。创业板指涨1%，深证成指涨0.95%，沪指涨0.36%，培育钻石、钛白粉概念、黄金概念涨幅居前。

1月10日，A股市场震荡下跌，上证指数、深证成指、创业板指均跌逾1%，上证指数跌破3200点，创下本轮调整新低，创业板指跌破2000点。本周，A股市场连续震荡，日均成交额较上周缩量，其中1月6日成交额创逾3个月新低。Wind数据显示，截至1月9日，A股市场融资余额报18167.38亿元，本周前4个交易日合计减少126.33亿元。自2024年9月25日以来，A股市场已连续72个交易日成交额超1万亿元，继续刷新A股市场纪录。