Market Overview - The A-share market experienced a decline in the morning session, with the Shanghai Composite Index down 0.19%, the Shenzhen Component down 1.27%, and the ChiNext Index down 1.51% [1][2] - The total trading volume in the Shanghai and Shenzhen markets was 1.22 trillion yuan, a decrease of 164.8 billion yuan compared to the previous trading day [2] Sector Performance - The banking sector showed strong performance, with all bank stocks rising, while gold stocks continued to decline and innovative drug concept stocks fell [1][12][15] - The banking sector saw significant gains, with major banks like China Merchants Bank up 2.92% and Industrial Bank up over 3% [5][6] Banking Sector Highlights - Major banks reported positive stock performance, with Agricultural Bank of China at 2.00% increase, Industrial and Commercial Bank of China at 2.53%, and China Merchants Bank at 2.92% [6][7] - The total market capitalization of Agricultural Bank of China is 2779.2 billion yuan, while Industrial and Commercial Bank of China stands at 2679.2 billion yuan [6] Insurance Sector Performance - The insurance sector also saw positive movement, with major companies like China Life and New China Life both increasing by over 1% [8][9] - The five major A-share listed insurance companies reported a total revenue of 23,739.81 billion yuan, a year-on-year increase of 13.6%, and a net profit of 4,260.39 billion yuan, up 33.5% [9] Gold Sector Decline - The gold sector faced a collective downturn, with companies like Shengda Resources down over 5% and Zhongjin Gold down over 3% [12][13] - The current price of gold jewelry in some brands has increased, with prices reported at 1265 yuan per gram [13] Innovative Drug Sector Decline - The innovative drug sector experienced significant declines, with companies like Heng Rui Medicine down over 1.15% [15][18] - The recent national medical insurance negotiations introduced a new mechanism for high-value innovative drugs, which may alleviate payment pressures through commercial insurance channels [18]
刚刚 直线拉升！大反转来了
Zhong Guo Ji Jin Bao·2025-11-04 05:01