Sou Hu Cai Jing·2025-06-10 09:43Market Overview - The three major indices collectively adjusted, with the Shanghai Composite Index down 0.44%, Shenzhen Component down 0.86%, ChiNext down 1.17%, and the STAR Market down 1.47%. Over 1,100 stocks rose in the two markets, with a total trading volume of approximately 1.42 trillion yuan [2]. Sector Performance - The port and shipping sector saw significant gains, with stocks like Lianyungang (601008.SH), Nanjing Port (002040.SZ), Ningbo Maritime (600798.SH), and Ningbo Ocean Shipping (601022.SH) all hitting the daily limit of 10% [2]. - The pharmaceutical and weight-loss drug sectors remained strong, with Hanyu Pharmaceutical (300199.SZ) up 13.58%, Zhongsheng Pharmaceutical (002317.SZ) up 10%, and Yipinhong (300723.SZ) up 9.4% [2]. - The beauty and personal care sector also performed well, with Haoyue Care (605009.SH) rising 6.82%, and other companies like Marubi Biotechnology (603983.SH) and Yiyi Co., Ltd. (001206.SZ) also seeing gains [3]. Innovation and Licensing - In the first five months of 2025, the total amount of licensing-out transactions by Chinese innovative pharmaceutical companies reached $45.5 billion, surpassing the total for the first half of 2024 [3]. - China's innovative drug sector has shown remarkable achievements, with 73 studies selected for oral presentations at the 2025 American Society of Clinical Oncology (ASCO), including 11 major research abstracts [2]. Rare Earth and Trade Negotiations - The rare earth permanent magnet concept performed well, with companies like Zhongke Magnetic (301141.SZ) and Keheng Co., Ltd. (300340.SZ) seeing increases of 20% and over 10%, respectively [3]. - U.S. economic advisor Hassett expressed confidence that U.S. negotiators could reach an agreement with China on rare earth exports during the recent trade talks in London [3]. Declining Sectors - The semiconductor sector weakened, with companies like Lexin Technology (688018.SH) down 6.67% and Rockchip (603893.SH) down 3.88% [4]. - Other sectors such as software and consumer electronics also saw declines, with companies like Lens Technology (300433.SZ) and Yonyou Network (600588.SH) experiencing downturns [4][5].