半导体、光伏双双回调，沪指半日微跌0.16%

Market Overview - The A-share market showed weakness on November 14, with the Shanghai Composite Index down 0.16% to 4022.89 points and the ChiNext Index down 1.74% [1][2] - The total trading volume for the A-share market reached 1.25 trillion yuan [1] Economic Data - China's industrial added value for October increased by 4.9% year-on-year, below the expected 5.2% and down from the previous 6.5% [3] - The total retail sales of consumer goods in October amounted to 46,291 billion yuan, reflecting a year-on-year growth of 2.9% [3] Sector Performance - The innovative drug sector remained active, with companies like CanSino Biologics, BeiGene, and Innovent Biologics seeing significant gains [3] - Conversely, the photovoltaic equipment sector experienced a general decline, with Longi Green Energy and Tongwei Co. among the top losers [3] - The Hainan Free Trade Zone, oil and gas, real estate, and banking stocks performed well, with Agricultural Bank of China and Industrial and Commercial Bank of China reaching historical highs during the session [3] Hainan Free Trade Zone Insights - The strategic mission of the Hainan Free Trade Port is becoming clearer amid the prolonged US-China tariff negotiations, aiming to leverage unique policy advantages for supply chain restructuring [4] - The success of Hainan's Free Trade Port will depend on continuous institutional innovation to transition from being an "adaptor" to a "leader" in the global industrial chain [4] Company Highlights - Hainan Mining is focusing on a global strategy and is expected to benefit from increased oil and gas production and new energy initiatives [6] - Yongtai Energy is progressing with its Haizetan project, which is anticipated to improve profitability [6] - Haixia Co. is set to benefit from the integration of northern and southern shipping fleets after Hainan's full island closure in December [6] - Hainan Rubber, as one of the largest natural rubber planting and processing companies globally, is expected to benefit from rising natural rubber prices due to demand resilience [6]