Market Performance - The Shanghai Composite Index fell by 0.05% to 3286.65 points, while the Shenzhen Component Index also dropped by 0.05% and the ChiNext Index decreased by 0.13%[1] - The Hang Seng Index rose by 0.16% to 22008.11 points, with the Hang Seng Tech Index increasing by 0.62% and the Hang Seng China Enterprises Index declining by 0.15%[1] Economic Policies - Trump signed an executive order to prevent the cumulative effect of tariffs on imported cars and parts, aiming to alleviate cost pressures on the automotive industry[12] - China is reportedly urging pharmaceutical companies and hospitals to explore alternatives to U.S. imported products, indicating a strategic shift in supply chain management[12] Trade and Employment - The U.S. trade deficit in goods unexpectedly widened to a record $162 billion in March, reflecting a 9.6% increase from February, suggesting significant economic impacts from tariffs[12] - U.S. Treasury Secretary estimates that up to 10 million people in China could lose their jobs due to tariffs imposed by the U.S.[12] Sector Highlights - The medical beauty industry showed strong performance, leading gains in the market, while the PEEK concept stocks surged[1] - The internet healthcare sector remained active, and tea beverage stocks gained renewed interest[1]