A-Share Midday Review: Indices Rise and Fall, Shanghai Composite Falls 0.68%, Entrepreneurship Board Rises 0.43%, Northbound 50 Index Rises 0.12%, AI Hardware Sector Strengthens, Cyclical Sectors Down Across the Board!
Glorious Times July 31st|A-share three major indices rise and fall, as of midday closing, Shanghai Composite falls 0.68% to 3591.26 points, Shenzhen Component Index falls 0.45%, Entrepreneurship Board rises 0.43%, Northbound 50 Index rises 0.12%. Total turnover on the two markets reaches RMB 11578 billion, an increase of RMB 556 billion from yesterday, with over 3400 stocks declining.
On the market, auxiliary reproduction concepts lead the way in gains, together with pharmaceuticals, Lide Medical(300289) 20cm limit up, China's 31 provinces will include auxiliary reproduction technology in the medical insurance catalog; liquid-cooled server concepts are strong across the board, Xinqian New Materials 20CM limit up, Evek(002837) and Junzhong Technology etc. hit new highs; CPO concept stocks surge, Hulian Ecosystem, Jiangsu Tech(603083) limit up, and Zhongti Xuexiang(300308) and Xinyi Sheng(300502) hit historic highs; innovative pharmaceutical sector active again, Aoshang Pharmaceutical(603229) and Kangyuan Pharmaceutical(600557) limit up; AI smart body concept cluster strong, Yi Points in Heaven, Youyou Network(600588) and Nanxing Shares(002757) limit up, and Baidu search homepage tests open AI body application entry.
Additionally, steel, coal, oil, and non-ferrous metal sectors, which are cyclical in nature, decline across the board, Ansteel(600569) and Baosteel(600010) drop over 5%.(Glorious Times)