Major A-share indices had mixed ups and downs. As of the midday close, the Shanghai Index fell 0.47% to 3054.12 points, the Shenzhen Stock Exchange Index rose 0.05%, and the GEM index rose 0.22%.
Major A-share indices had mixed ups and downs. As of the midday close, the Shanghai Index fell 0.47% to 3054.12 points, the Shenzhen Stock Exchange Index rose 0.05%, and the GEM index rose 0.22%. More than 3,000 shares rose. The two markets traded 733.7 billion yuan in half a day, and the net sale of northbound capital was nearly 500 million yuan.
On the plateThe concept of traditional Chinese medicine is active. Zoli Pharmaceutical's net profit for the first quarter is expected to rise by 40.58%-50.84% year-on-year; the liquor sector continues to rise and fall, with several liquor companies announcing increases in factory prices for core products within the last half month; the low-altitude economy concept has bottomed out and rebounded, and Lihang Technology's six-point platform indicates that the low-altitude airspace is expected to be fully liberalized one after another; the beer concept, CRO concept, and cloud gaming sectors registered the highest gains. Coal stocks continued to be adjusted, and Xinji Energy fell by more than 7%. Recently, coal prices continued to fall due to weak demand in the domestic coal market; the precious metals sector fluctuated and declined, and Yintai Gold and CICC Gold fell more than 3%.
Traditional Chinese medicine concept stocks are active, Changyao Holdings, and Zoli Pharmaceutical rose and stopped by 20cm
Changyao Holdings, Zoli Pharmaceutical, and Xiangxue Pharmaceutical rose and stopped by 20cm. Many stocks such as Foci Pharmaceutical and Xintian Pharmaceutical rose and stopped, while Guangdong Wannianqing and Jiaying Pharmaceutical followed suit. According to the news, on the evening of March 11, Forci Pharmaceutical announced that due to reasons such as rising raw materials and production costs, the factory price of its main proprietary Chinese medicine products will be adjusted from the same day, with an average price increase of 9%. In addition, Zuoli Pharmaceuticals expects net profit of 137 million yuan to 147 million yuan for the first quarter, an increase of 40.58%-50.84% over the previous year.
The liquor sector continues to rise and Goldseed Liquor rises to a standstill
Golden Seed Liquor rose to a standstill; Luzhou's Laojiao and Shede liquor industries rose more than 5%, while Shanxi Fenjiu, Wuliangye, and Shuijingfang had higher gains. According to the news, a number of liquor companies, including Jiannanchun, Langjiu, Jinshiyuan, Fenjiu, and Shede, announced that they will raise the factory price of their core products within the last half month. Among them, Fenjiu's Qinghua Fenjiu 20 will raise the factory price starting March 15, increasing 20 yuan per bottle.
The concept of low-altitude economy explores the bottom and rebounds, Lihang Technology's 6-link board
Lihang Technology has 6 consecutive boards. Shanggong Shenbei and Wanfeng Aowei went up and down, while Rice Information, Sichuang Electronics, CITIC Haizhi, and Jindun Co., Ltd. followed suit. According to the news, recently, Xiaopeng Huitian Flying Vehicle's “Voyager X2” successfully completed a low-altitude flight in the “Tiande Plaza - Canton Tower” area of the city's CBD. According to the Open Source Securities Research Report, low-altitude airspace is expected to be fully liberalized one after another. Policy and industry resonance in 2024 is expected to be the first year of the low-altitude economy, and the subsequent opening of application scenarios in the manned passenger transport market is expected to accelerate the eVTOL market.
Coal stocks continued to adjust, and Xinji Energy fell more than 7%
Xinji Energy fell more than 7%, Lu'an Huaneng and Kailuan shares fell more than 5%, and Yankuang Energy, Pingmei shares, Shanxi Coking Coal, and China Shenhua followed suit. According to the news, demand in the domestic coal market has been weak recently, causing the recovery of non-electricity demand to fall short of expectations, and coal prices have continued to fall.
The precious metals sector fluctuated and declined, and Yintai Gold fell more than 3%
Yintai Gold, CICC Gold, and Shandong Gold fell by more than 3%, while Gold and Gold from Hunan and Western Gold followed suit. Zhou Maohua, a financial market macro researcher at Everbright Bank, said that international gold prices have recently reached new highs, but they have fluctuated sharply, reflecting large differences in the market. The international geopolitical conflict continues, and the new policy cycle of major overseas central banks has some support for gold. However, it is worth noting that gold prices are currently at historically high levels. Based on European and American inflation prospects, real interest rates may still pose a certain headwind to gold prices.
