By the midday close, the Shanghai index fell 0.32% to 3428.37 points, the Shenzhen Index fell 1.04%, and the GEM index fell 1.32%.
The three major A-share indices were adjusted in early trading. As of the midday close, the Shanghai Index fell 0.32% to 3428.37 points, the Shenzhen Index fell 1.04%, and the GEM index fell 1.32%. The half-day turnover of the entire market was 1124.8 billion yuan, down 229.7 billion yuan from the previous day, and more than 4,000 individual stocks turned green.
On the market, the big financial sector generally rose, Bohai Leasing rose and stopped, Everbright Securities rose more than 5%, Bank of Chongqing and Tianmao Group rose more than 3%; the media and game sectors were active in early trading, Yao Ji Technology and Century Tianhong rose and stopped, and Glacier Network rose more than 8%, and Tencent's game business continued to grow in Q3. Lithium mining stocks continued to decline, with Weiling shares falling more than 8% and Yongshan Lithium falling by more than 6%; Shanghai state-owned enterprise concept stocks fell to a standstill, and Shanghai 900 fell by more than 8%; automobile stocks generally fell, with SAIC Motor Group and Dongfeng shares falling more than 7%; military, lithography, and rare earth permanent magnet concepts falling the highest.
Major financial sectors generally rose, leading the way in insurance and bank stocks
Bohai Leasing went up and down, Everbright Securities rose more than 5%, and China Aviation Finance, China Galaxy, Bank of Chongqing, and Tianmao Group rose more than 3%.
According to the news, on the evening of November 13, Shanghai Pharmaceutical and Sinopharm Co., Ltd. announced at the same time that they were licensed by Xinhua Insurance. Xinhua Insurance said that this is another important move in the capital market for the company to actively implement the country's strategic requirements to promote medium- and long-term capital entry into the market. A number of industry insiders analyzed that the capital market is building an institutional environment to support “long-term investment”, hoping to increase the entry of medium- to long-term capital into the market. Insurance companies have released their intention to invest in the long term. On the one hand, they are responding to policy calls, and on the other hand, they may increase the scale of long-term equity investments, which is expected to improve balance sheet stability.
Game stocks and media stocks are active, and Yao Ji Technology rose or stopped
Yao Ji Technology and Century Tianhong went up and down, Glacier Network rose more than 8%, and Yatong Co., Ltd., Tianyu Mathematics, Zhongqingbao, and Shengtian Network followed suit.
According to the news, thanks to the steady performance of Evergreen Gaming at home and abroad, the Q3 Tencent game business continued the Q2 growth trend in both the local market and the international market. Revenue growth in the local market accelerated, and international market revenue reached a quarterly high.
Lithium ore stocks continued to decline, Weining shares fell more than 8%
Weiling Co., Ltd. fell more than 8%, Yongshan Lithium fell more than 6%, Tianqi Lithium fell more than 4%, and Ganfeng Lithium, Hanrui Cobalt, and Yongxing Materials fell more than 3%.
Shanghai state-owned enterprise concept stocks adjusted and Haili shares fell to a halt
Haili shares fell to a halt; Shanghai 900 fell more than 8%; SAIC Motor Group, Electric Wind Power, and Shenda shares fell more than 7%; Shanghai Real Development, First Pharmaceutical, and Shanghai Phoenix also fell.
