Venture(US:VEMLY) Ge Long Hui·2025-06-20 04:45Market Overview - A-shares showed mixed performance in the morning session, with the Shanghai Composite Index up 0.08% at 3364.83 points, while the Shenzhen Component Index down 0.19%, the ChiNext Index down 0.56%, and the Northbound 50 Index down 0.14% [1] - The total market turnover for the half-day was 686.3 billion yuan, a decrease of 119.6 billion yuan compared to the previous day, with over 1900 stocks rising [1] Sector Performance - Several state media criticized the strict ban on excessive dining, leading to a surge in liquor stocks, with Huangtai Liquor hitting the daily limit, and Jinzongzi Liquor and Yingjia Gongjiu both rising over 6% [3] - The insurance sector benefited from new regulations on dividend insurance, with China Ping An leading the gains, rising over 2%, followed by China Life and New China Life, both up over 1% [3] - The LPR remained unchanged in June, resulting in a collective rise in bank stocks, with institutions like Everbright Bank, SPD Bank, and Bank of Communications reaching new highs [3] - The upgraded production cut order for the third quarter stimulated solar stocks, with companies like Saiwu Technology, Jingyuntong, and Xiexin Integration hitting the daily limit [3] Declining Sectors - Spot gold prices fell below $3350, leading to a collective decline in gold stocks, with Western Gold down over 6% [4] - The brain-computer interface concept saw significant declines, with Aipeng Medical down over 11% and Beiyikang down over 9% [4] - Digital currency concept stocks experienced a pullback, with Dongxin Peace down over 8%, and Beixin Source and Nantian Information both down over 7% [4]