中国基金报·2025-11-12 07:54Market Overview - On November 12, A-shares experienced a "V" shaped recovery, with the Shanghai Composite Index down by 0.07%, the Shenzhen Component Index down by 0.36%, and the ChiNext Index down by 0.39% [2][3] - A total of 1,758 stocks rose, while 3,563 stocks fell, with a total trading volume of 19,648.13 billion and a total trading amount of 132,600.4 million [5] Sector Performance - The pharmaceutical sector saw a collective surge, particularly in cell immunotherapy, with stocks like Kaineng Health and Jimin Health hitting the daily limit [5][6] - Oil and gas stocks remained strong, with companies like Sinopec Oilfield Service and Zhun Oil Co. reaching their daily limits [6] Solar Industry Impact - A circulating article regarding "anti-involution" in the photovoltaic sector negatively impacted market sentiment, leading to significant declines in solar and energy storage stocks [9] - Notable declines included Tongwei Co. hitting the daily limit down, and other companies like Canadian Solar and Aiko Energy dropping over 10% [9][10] Industry Response - The China Photovoltaic Industry Association (CPIA) issued a statement to counter the circulating rumors, emphasizing their commitment to industry self-regulation and the importance of maintaining national and industry interests [11][12] - Following the CPIA's clarification, the main contract for polysilicon futures rebounded strongly after previously declining nearly 4% [14]