Market Performance - The three major stock indices in Shanghai and Shenzhen opened slightly higher on June 9, with the Shenzhen Component Index and the ChiNext Index experiencing upward fluctuations before a slight retreat before the midday close [1] - By midday, the Shanghai Composite Index was at 3393.26 points, up 0.23%, with a trading volume of approximately 326 billion; the Shenzhen Component Index was at 10246.65 points, up 0.62%, with a trading volume of approximately 497 billion; the ChiNext Index was at 2064.40 points, up 1.22%, with a trading volume of approximately 238 billion [1] Sector Performance - The pharmaceutical and healthcare sectors continued their strong performance, with significant increases in sub-sectors such as weight loss drugs, CRO concepts, innovative drugs, hepatitis concepts, and traditional Chinese medicine [1] - Other sectors showing notable gains included Kuaishou concepts, blind box economy, rare earth permanent magnets, batteries, lottery concepts, and diversified finance [1] - Conversely, sectors such as precious metals, highways, and banking experienced relatively minor declines [1] Economic Indicators - The National Bureau of Statistics reported a 0.1% year-on-year decline in the Consumer Price Index (CPI) for May, with a month-on-month decrease of 0.2% [3] - Energy prices fell by 6.1% year-on-year, contributing approximately 0.47 percentage points to the CPI decline, marking it as the primary factor for the decrease [3] Policy Developments - Shenzhen has announced plans to expand the use of housing provident funds for home purchases, allowing eligible residents to withdraw funds for down payments on homes within the city [4]