Hengrui Pharma(SH:600276) Shang Hai Zheng Quan Bao·2025-09-01 18:55Market Performance - On the first trading day of September, the A-share market continued its strong performance, with all three major indices achieving gains, and the Shanghai Composite Index reaching a high of 3879.05 points, close to the late August high of 3888.60 points [1] - The Shanghai Composite Index closed at 3875.53 points, up 0.46%; the Shenzhen Component Index closed at 12828.95 points, up 1.05%; and the ChiNext Index closed at 2956.37 points, up 2.29% [1] - The total trading volume of the Shanghai and Shenzhen markets was 2.75 trillion yuan, a decrease of approximately 50 billion yuan compared to the previous Friday [1] Precious Metals Sector - The precious metals sector collectively rose, driven by new highs in international gold prices, with the Shenwan Precious Metals Index closing up 8.44% [2] - Major companies such as Zhongjin Gold, Hunan Gold, and Western Gold reached their daily limit, while Xiaocheng Technology surged over 13% [2] - COMEX gold futures reached $3557 per ounce, with a daily increase of over 1%, marking a cumulative increase of approximately 35% for the year [2] - Geopolitical risks and expectations of a Federal Reserve interest rate cut have supported the rise in precious metals [2] Innovative Pharmaceuticals - The pharmaceutical sector saw a significant rise, particularly in innovative drugs, brain-computer interfaces, and ophthalmic medical fields, contributing to the strength of the ChiNext Index [3] - Recent breakthroughs in medical innovation in China include the launch of the world's first "5G Brain-Heart Mobile" for Alzheimer's disease detection [3] - Heng Rui Pharmaceutical announced the conditional approval of its innovative drug, SHR2554, marking it as China's first self-developed EZH2 inhibitor [3] Growth Sectors - The technology growth sector has been highly active since July, with a focus on AI leading the gains [5] - Analysts suggest that investors should pay attention to growth sectors that have lagged behind but possess potential catalysts for future performance [5] - The shift from growth to value styles is also under discussion, with potential opportunities in sectors like agriculture and chemicals due to improving inflation expectations [6]