May 30th Midday Review: The ChiNext Index fell 0.88% in half a day, while the innovative drug concept surged against the trend

The market experienced fluctuations and adjustments in the morning, with the ChiNext Index dropping over 1% during the session. The innovative drug concept surged against the trend, with over 10 stocks including WBDE, KHPG, Qianhong Pharmaceutical, and Huasen Pharmaceutical hitting the daily limit. Bank stocks continued to strengthen, with HZBANK and Bank Of Chengdu reaching historical highs. The breeding sector rose, with LESHAN GIANTSTAR FARMING&HUSBANDRY hitting the daily limit. On the downside, the controlled nuclear fusion concept collectively adjusted, with Wangzi New Materials and Rongfa Nuclear Power hitting the daily limit. More stocks fell than rose, with over 4,000 stocks in the Shanghai, Shenzhen, and Beijing markets showing declines, and a total transaction volume of 771.7 billion in the morning session. At the midday close, the Shanghai Composite Index fell by 0.31%, the Shenzhen Component Index fell by 0.75%, and the ChiNext Index fell by 0.88%