China Liquid Cooling Stocks Slide at Open; Zhongshi Tech Down Over 10%

The broad selloff across liquid cooling names signals a sector-wide sentiment shift rather than company-specific weakness, likely tied to profit-taking after recent momentum. The steep decline in Zhongshi Tech, a leader in the space, could set the tone for near-term trading in adjacent thermal management plays. Whether this marks a correction within an ongoing trend or the start of sustained de-rating hinges on order flow and any policy or earnings catalysts in the coming sessions. Watch for volume patterns and any divergence between fundamentally stronger names and speculative laggards.