On December 29, the three major stock indexes opened with mixed gains. The Shanghai Composite Index rose 0.02%, the Shenzhen Component Index fell 0.07%, and the Growth Enterprise Market fell 0.07%. As of press time, the three major indexes turned green, the ChiNext Index fell more than 1%, the Shanghai Composite Index fell 0.56%, and the Shenzhen Component Index fell 0.91%.
In terms of sectors, the military industry, medicine, and CRO sectors were active, while the agriculture, liquor, and power sectors were among the top decliners, and the meta-universe concept stocks adjusted.
The CRO sector rose rapidly. As of press time, Proton shares rose more than 5%, Kailai Ying rose 3.03%, and WuXi AppTec rose 2.13%.
The Chinese medicine sector continued to be active, with Essence Pharma’s four-linked board, Watson Pharma’s daily limit, and Longjin Pharmaceutical’s rise by nearly 10%, followed by Yabao Pharmaceutical and Jilin Pharmaceutical.
The military sector rose today, with Filipino and China Haiphong rising more than 6%, while Electa, CSSC Emergency, and Beimo Hi-Tech followed the gains.
Liquor fell sharply, Yingjia Gongjiu fell more than 6%, Gujing Gongjiu, Jiuguijiu, and willing liquor followed the decline.
The performance of the power sector was relatively sluggish today. Shanghai Electric Power fell nearly 10%, Huadian Energy fell more than 8%, Jingneng Power, Inner Mongolia Huadian, and Huadian International followed the decline.
Meta universe concept stocks fell. As of press time, Hubei Radio and Television fell 10.06%, Roman shares fell 8.52%, Zhidu shares fell 7.74%, and Jinyun Laser, Yishang Display, and Xuanya International followed the decline.
The new stock Sanyangma rose nearly 6% after the resumption of trading. Sanyangma went public on November 30. It had 16 daily limits in the previous 16 trading days, a cumulative increase of more than 5 times. Sanyangma’s main business includes automobile logistics, non-automotive commodity logistics and warehousing services.
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