The three major A-share indices collectively closed lower, with chemical stocks strengthening

36Kr learned that the three major A-share indices collectively closed lower, with the Shanghai Composite Index down 0.25%, the Shenzhen Component Index down 0.36%, and the ChiNext Index down 0.51%; automotive parts, high-frequency PCBs, and server concepts led the decline, with BiaoBang shares hitting the limit down, HuDian shares falling over 4%, and ShenNan Circuit and HanWuJi down over 3%; the chemical, forestry, and shipping sectors saw gains, with QSY TECH. and HaiXin Energy Technology hitting the limit up, Yongan Forestry rising over 5%, and HNSS up over 4%

The A-share free trade zone sector surged at the beginning of the trading session, with HAIQI and Caesar Travel hitting the daily limit, while Xinlong, Hainan Airport Infrastructure, HEC, HNSS, and HNHD followed suit

The Hainan sector welcomes favorable policies; institutions predict a positive outlook for the net profit of Hainan local stocks for the entire year of 2025

On October 17th, the Ministry of Finance and others issued an announcement to adjust the duty-free shopping policy for travelers in Hainan's outlying islands, effective from November 1st. In the second half of the year, there are 10 local Hainan stocks with a net buying amount of over 50 million yuan, with HNSS, Intercontinental Oil & Gas, and Zhongtung High-tech ranking in the top three. Institutions predict that the net profit of local Hainan stocks will improve in 2025, with HAINAN RUBBER GROUP, Hainan Airport, and 9 other stocks expected to see significant growth, while Hainan Airlines Holding and Guangsheng Nonferrous are expected to turn losses into profits

The port and shipping sector surged, with HNSS hitting a new intraday high

The port and shipping sector surged, with HNSS hitting a new intraday high, Haitong Development reaching the daily limit, and Nanjing Port, Antong Holdings, XMPD, Air China Cargo, and NBOSCO also rising

The Hainan Free Trade Zone sector fluctuated and rose, with HNSS hitting the limit up and reaching a new high

The Hainan Free Trade Zone sector fluctuated and rose, with HNSS hitting the daily limit and reaching a new high, while HAIMA AUTO, HAINAN HAIYAO, HDCM, Honz, and Caesar Travel also followed suit