October 31st Midday Review: ChiNext Index fell 1.49% in half a day, AI applications and pharmaceutical stocks rose against the trend

Wallstreetcn
2025.10.31 03:31

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%

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