The market experiences a secondary pullback, with sectors like innovative drugs and lithography machines defying the trend and strengthening. Focus on the core broad-based index allocation value such as A500 ETF E Fund (159361).

A-shares pulled back this week. The Shanghai Composite Index fell below 3,900 points. In terms of sectors and themes, innovative drugs, healthcare services, lithography machines, and CPOs were among the top gainers, while power, coal, photovoltaic equipment, and batteries were among the top decliners. Hong Kong stocks saw choppy trading and divergence this week: the innovative drugs sector pulled far ahead, and technology stocks continued to adjust.

This week, the CSI 300 Index fell by 1.4%, the CSI A500 Index fell by 1.8%, the ChiNext Index fell by 4.4%, the SSE STAR Market 50 constituent index fell by 3.4%, and the Hang Seng China Enterprises Index rose by 0.04%.

Daily Economic News

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