2 1 Shi Ji Jing Ji Bao Dao·2025-11-12 04:52Market Overview - The A-share market experienced a decline in early trading on November 12, with the Shanghai Composite Index down by 0.23%, the Shenzhen Component Index down by 1.07%, and the ChiNext Index down by 1.58% [1][2] - The market's half-day trading volume reached 1.27 trillion, with over 4,000 stocks declining [1][2] Index Performance - Shanghai Composite Index: 3993.35, down 9.40 points (-0.23%) - Shenzhen Component Index: 13146.42, down 142.59 points (-1.07%) - ChiNext Index: 3084.70, down 49.62 points (-1.58%) - Other indices such as the CSI 300 and CSI 500 also showed declines [2] Sector Performance - The banking sector showed resilience, with Agricultural Bank of China and Industrial and Commercial Bank of China reaching historical highs. Agricultural Bank's market capitalization surpassed 3 trillion [3] - Notable stock performances included Agricultural Bank up over 3%, Bank of China up over 2%, and other banks like Industrial and Commercial Bank and Postal Savings Bank up over 1% [3][4] - The consumer sector, particularly food and beverage stocks, was active, with companies like Zhongrui and Sanyuan showing significant gains due to supportive policies aimed at boosting domestic demand [4] Economic Insights - An economist noted that the consumer sector's activity is supported by positive macroeconomic data, including favorable inflation rates in October, which has provided a basis for the rise in consumer stocks [4] - The technology sector, particularly in computing power, robotics, and AI, remains a key focus of the current bull market, despite some short-term corrections [5] - The ongoing demand for computing power from companies like OpenAI indicates that the market for AI-related technologies may continue to thrive [5]