---
title: "Midday Review: The ChiNext Index performed strongly, rising nearly 1%, with the pharmaceutical sector showing broad strength"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250509647.md"
description: "The three major indices fluctuated narrowly, with the Shanghai Composite Index down 0.08%, the Shenzhen Component Index down 0.04%, and the ChiNext Index up 0.92%. The CRO, PET copper foil, and semiconductor sectors performed strongly, with Ausun Pharm and Jiuzhou Pharmaceutical hitting the daily limit, and PHARMABLOCK rising over 17%. PET copper foil strengthened in the morning session, with Fangbang Co., Ltd. and Woge Optoelectronics hitting the daily limit. Glyphosate and insurance sectors adjusted, with Xinhua Insurance and China Pacific Insurance falling over 1%"
datetime: "2025-07-29T03:33:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250509647.md)
  - [en](https://longbridge.com/en/news/250509647.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250509647.md)
---

# Midday Review: The ChiNext Index performed strongly, rising nearly 1%, with the pharmaceutical sector showing broad strength

The three major indices fluctuated narrowly. By the close, the Shanghai Composite Index fell 0.08%, the Shenzhen Component Index fell 0.04%, the ChiNext Index rose 0.92%, and the Beijing Stock Exchange 50 Index fell 0.04%. The total transaction amount in the Shanghai, Shenzhen, and Beijing markets was 1,145.9 billion yuan, an increase of 7.1 billion yuan compared to the previous day. Over 3,800 stocks in the two markets declined. In terms of sectors, the CRO, PET copper foil, and semiconductor sectors rose, while glyphosate and insurance sectors adjusted. On the market, the CRO sector rose across the board, with Ausun Pharm and Jiuzhou Pharmaceutical hitting the daily limit, and PHARMABLOCK rising over 17%. The PET copper foil strengthened in the morning, with Fangbang Co., Ltd. hitting the daily limit, and Woge Optoelectronics also hitting the daily limit, while the semiconductor sector rose, with Dongxin Co., Ltd. hitting the daily limit. The glyphosate sector fell across the board, with all stocks in the sector showing red and no stocks rising. The insurance sector adjusted, with Xinhua Insurance and China Life Insurance falling over 1%

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