--- title: "October 31st Midday Review: ChiNext Index fell 1.49% in half a day, AI applications and pharmaceutical stocks rose against the trend" type: "News" locale: "en" url: "https://longbridge.com/en/news/263650338.md" description: "The midday closing review on October 31 showed that the ChiNext index fell by 1.49% in half a day. The market experienced fluctuations and adjustments, with AI applications and pharmaceutical stocks performing strongly against the trend, with Fushi Holdings and Rongxin Culture hitting the daily limit. The lithium battery sector continued its upward trend, with ENERGY TECHNOLOGY and TONZE hitting the daily limit. CPO and other computing hardware stocks adjusted, with Tianfu Communication falling over 6%. The Shanghai Composite Index fell by 0.63%, the Shenzhen Component Index fell by 0.62%, with a transaction volume of 1.58 trillion" datetime: "2025-10-31T03:31:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/263650338.md) - [en](https://longbridge.com/en/news/263650338.md) - [zh-HK](https://longbridge.com/zh-HK/news/263650338.md) --- # October 31st Midday Review: ChiNext Index fell 1.49% in half a day, AI applications and pharmaceutical stocks rose against the trend The market experienced fluctuations and adjustments in the morning, with the ChiNext Index falling over 1%. AI application sectors strengthened against the trend, with stocks like Fushi Holdings and Rongxin Culture hitting the daily limit. Pharmaceutical stocks collectively surged, with Lianhuan Pharmaceutical and Anglikang also reaching the limit. The lithium battery sector continued its upward trend, with ENERGY TECHNOLOGY and TONZE hitting the daily limit. On the downside, computing power hardware stocks like CPO adjusted, with Tianfu Communication, Zhongji Xuchuang, and Xinyi Sheng all falling over 6%. More stocks rose than fell, with over 3,800 stocks in the Shanghai, Shenzhen, and Beijing markets in the green, and a total transaction volume of 1.58 trillion in the morning session. At the midday close, the Shanghai Composite Index fell 0.63%, the Shenzhen Component Index fell 0.62%, and the ChiNext Index fell 1.49% ### Related Stocks - [002759.CN](https://longbridge.com/en/quote/002759.CN.md) - [399006.CN](https://longbridge.com/en/quote/399006.CN.md) - [002812.CN](https://longbridge.com/en/quote/002812.CN.md) ## Related News & Research - [Semcorp Sinks as Chinese Battery Separator Giant Scraps Supplier Buyout, Bets on Capacity Expansion](https://longbridge.com/en/news/286397022.md) - [This High-Yield REIT Just Hiked Its Dividend By 7.1%. Its Shares Look Compelling Here.](https://longbridge.com/en/news/286976827.md) - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md) - [3 dividend kings to buy and hold for 20 years](https://longbridge.com/en/news/286946243.md) - [ValOre Provides Further Update on Sale of Hatchet Uranium Corp. to Future Fuels Inc.](https://longbridge.com/en/news/286968775.md)