---
title: "The three major indices of A-shares in Shanghai and Shenzhen opened with narrow differentiation, and some innovative drug concept stocks continued to rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/243797390.md"
description: "Today, the three major indices of A-shares opened with mixed performance. The Shanghai Composite Index rose slightly by 0.07% to 3,402 points, the Shenzhen Component Index fell slightly by 0.02% to 10,248 points, and the ChiNext Index dropped by 0.2% to 2,057 points. The central parity rate of the RMB against the USD was adjusted up by 15 points to 7.1840. The People's Bank of China conducted a 198.6 billion yuan seven-day reverse repurchase operation, with a net withdrawal of 255.9 billion yuan for the day. Some innovative drug concept stocks, such as Hicin Pharmaceutical and Qianhong Bio-pharma, opened higher by approximately 4.1% and 4.2%, respectively"
datetime: "2025-06-10T01:29:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/243797390.md)
  - [en](https://longbridge.com/en/news/243797390.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/243797390.md)
---

# The three major indices of A-shares in Shanghai and Shenzhen opened with narrow differentiation, and some innovative drug concept stocks continued to rise

According to CCTV reports, the first meeting of the China-U.S. economic and trade consultation mechanism continued today (10th).

The People's Bank of China conducted a 198.6 billion yuan (the same below) seven-day reverse repurchase operation in the open market today, with the operation rate remaining at 1.4%. Today, 454.5 billion yuan of reverse repos are maturing, resulting in a net withdrawal of 255.9 billion yuan for the day. The central parity rate of the yuan against the U.S. dollar is reported at 7.1840, up 15 points.

The three major A-share indices opened mixed. The Shanghai Composite Index opened at 3,402 points, up 2 points or 0.07%. The Shenzhen Component Index opened at 10,248 points, down 1 point or 0.02%. The ChiNext Index opened at 2,057 points, down 3 points or 0.2%.

Domestic bank stocks, China Construction Bank (601939.SH) and Industrial and Commercial Bank of China (601398.SH), both opened flat. In addition, BYD (002594.SZ) opened up 0.4%. Contemporary Amperex Technology Co., Limited (300750.SZ) opened down 0.2%.

Some innovative drug concept stocks rose, with Hicin Pharmaceutical (300584.SZ) and Qianhong Bio-pharma (002550.SZ) opening up approximately 4.1% and 4.2%, respectively

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