--- title: "The three major A-share indices of Shanghai and Shenzhen fell by 0.9% to 1.1% in the first half of the day, with weak performance in real estate stocks and adjustments in pharmaceutical stocks" type: "News" locale: "en" url: "https://longbridge.com/en/news/245205928.md" description: "The three major A-share indices fell by 0.9% to 1.1% in the half-day session. The Shanghai Composite Index closed at 3,359 points, the Shenzhen Component Index at 10,072 points, and the ChiNext Index at 2,032 points. Domestic property stocks performed weakly, with Greenland Holdings down 1.8% and China Vanke down 3.2%. In the pharmaceutical sector, CSBIO hit the limit down, and HYBIO fell by 9.9%. The central parity rate of the RMB against the USD was adjusted up by 32 points to 7.1729" datetime: "2025-06-19T03:37:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/245205928.md) - [en](https://longbridge.com/en/news/245205928.md) - [zh-HK](https://longbridge.com/zh-HK/news/245205928.md) generator: "portal-rs" --- # The three major A-share indices of Shanghai and Shenzhen fell by 0.9% to 1.1% in the first half of the day, with weak performance in real estate stocks and adjustments in pharmaceutical stocks Premier Li Qiang of the State Council emphasized the need to adhere to innovation-driven development and focus on expanding effective demand. In addition, Guangxi has suspended the old-for-new subsidy for consumer goods after June 20. The People's Bank of China today (19th) conducted a 7-day reverse repurchase operation of 203.5 billion yuan, with the operation rate remaining at 1.4%. Additionally, 119.3 billion yuan of reverse repos are set to mature, resulting in a net injection of 84.2 billion yuan for the day. The central parity rate of the yuan against the US dollar was adjusted up by 32 points to 7.1729 per US dollar. The three major A-share indices opened down 0.1% to 0.3% and then fluctuated downward, with each down 0.9% to 1.1% at midday. The Shanghai Composite Index closed at 3,359 points, down 29 points or 0.9%, with a turnover of 291.3 billion yuan; the Shenzhen Component Index fell 103 points or 1.01% to 10,072 points, with a turnover of 496.5 billion yuan; the ChiNext Index dropped 22 points or 1.1% to 2,032 points, with a turnover of 248.5 billion yuan. Domestic bank stocks were mixed, with Industrial and Commercial Bank of China (601398.SH) up 0.1% and China Construction Bank (601939.SH) down 0.1%. Additionally, BYD (002594.SZ) fell 1.4%. Contemporary Amperex Technology Co., Limited (300750.SZ) dropped 1.1%. Domestic property stocks were weak, with Greenland Holdings (600606.SH) down 1.8%, China Vanke (000002.SZ) down over 2%, and Poly Developments (600048.SH) down 1.9%. The three major oil companies faced pressure, with Sinopec (600028.SH) down 0.4%, PetroChina (601857.SH) down 1.1%, and CNOOC (600938.SH) down 0.8%. Weight loss drug concept stocks adjusted, with CSBIO (300255.SZ) hitting the daily limit down, and HYBIO (300199.SZ) down 9.9% ### Related Stocks - [300255.CN](https://longbridge.com/en/quote/300255.CN.md) - [300199.CN](https://longbridge.com/en/quote/300199.CN.md) - [600606.CN](https://longbridge.com/en/quote/600606.CN.md) - [399006.CN](https://longbridge.com/en/quote/399006.CN.md) - [01211.HK](https://longbridge.com/en/quote/01211.HK.md) - [600048.CN](https://longbridge.com/en/quote/600048.CN.md) - [300750.CN](https://longbridge.com/en/quote/300750.CN.md) - [00857.HK](https://longbridge.com/en/quote/00857.HK.md) - [03750.HK](https://longbridge.com/en/quote/03750.HK.md) - [00535.HK](https://longbridge.com/en/quote/00535.HK.md) - [00386.HK](https://longbridge.com/en/quote/00386.HK.md) - [01398.HK](https://longbridge.com/en/quote/01398.HK.md) - [00883.HK](https://longbridge.com/en/quote/00883.HK.md) - [00939.HK](https://longbridge.com/en/quote/00939.HK.md) ## Related News & Research - [Livzon Pharma buys 3.5% Xinbeijiang Pharma stake for RMB 106.7 million](https://longbridge.com/en/news/296601614.md) - [Promise Analyzes Telehealth Licensing Rules as Compact Hits Record 3,633 Licenses in a Month](https://longbridge.com/en/news/296635882.md) - [Schaeffler, CATL deepen EV partnership on battery management systems development](https://longbridge.com/en/news/296447490.md) - [BYD debuts third-gen Tang SUV, launch set for Q4](https://longbridge.com/en/news/296577383.md) - [B3 announces availability of sustainability-related financial information report for FY2025](https://longbridge.com/en/news/296539532.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**