A-shares midday review: The Shanghai Composite Index hit a bottom and rebounded to turn positive, rising 0.23%, with over 2,500 stocks in the entire market gaining.

（Source: Sci-Tech 100 ETF Fund）

As of the midday close, the Shanghai Composite Index rose 0.23%, the Shenzhen Component Index fell 0.12%, the ChiNext Index fell 0.5%, and the BeiJing 50 Index fell 0.3%. The total trading value across the market was 1,326.9 billion yuan, up by 180.1 billion yuan from the previous trading day.

On a sector and theme basis, the precious metals, agriculture, and innovative drugs sectors were leading in gains; the power, photovoltaic equipment, and oil & gas sectors were leading in declines.

On the trading board, the precious metals sector continued to strengthen. Chifeng Gold (600988) rose nearly 7%, while Shandong Gold (600547), Shanjin International (000975), Zhaojin Gold (000506), and Zijin Mining Group (600489) also moved up. The agriculture sector opened strong: Beidahuang (600598) hit the daily limit, and Suke Nongfa (601952) rose more than 7%. The innovative drugs sector was partially active: Haitao Bio (300683) and Sansheng Guojian rose more than 10%, and Shuanglu Pharmaceutical (002038) and Lianhuan Pharma (600513) closed at the daily limit with boards. The power sector continued to weaken: Jinzhong Power (000767), Huadian Liaoning Energy (600396), and Ningbo Energy (600982) hit the daily limit to the downside. The photovoltaic equipment sector weakened: Mayu Shares (300751) fell more than 15%. The oil & gas sector opened higher and then fell back: Shouhua Gas (300483) and New Natural Gas (603393) fell more than 5%.

Market highlights:

Limit-up ladder ranking:

【5 straight boards】 Minovo Pharmaceuticals (603538).

【3 straight boards】 Sword Co., Ltd. (002361).

【2 straight boards】 Falsun Victory (000890), China Nonggong United (003042), Jinyao Pharmaceutical (600488), Lianhuan Pharma, Weiyuan Shares (600955), Guigang Network (600996), Suli Shares (603585), Hangdian Shares (603618).

Main fund net inflow sectors:

NO.1 【Military-industrial】 saw net inflows of 3.089 billion yuan from main funds; within the sector, 9 stocks hit the daily limit up, and 341 stocks advanced.

NO.2 【Satellite navigation】 saw net inflows of 2.675 billion yuan from main funds; within the sector, 2 stocks hit the daily limit up, and 164 stocks advanced.

NO.3 【Military-civil fusion】 saw net inflows of 2.152 billion yuan from main funds; within the sector, 5 stocks hit the daily limit up, and 154 stocks advanced.

What the market is trading today:

【Innovative drugs】

Related stocks: Haitao Bio, Sansheng Guojian, Dongcheng Pharmaceuticals

News: In the first three months of this year, the total value of China’s innovative drug external authorization transactions exceeded $60 billion, nearing half of the full-year 2025 figure; according to the latest statistics from the National Medical Products Administration, as of March 27, China had approved 10 innovative drugs for 2026, of which 2 were imported and 8 were domestically produced. China’s innovative drugs have achieved a historic breakthrough, maintaining a strong development momentum and potential. Everbright Securities believes that investors should continue to follow the product promotion process after innovative drugs go global. Huaxin Securities believes that innovative drugs have many highlights and are entering a configuration window.

【Data centers】

Related stocks: Strait Innovation, Yiliida, Hengtong Opto-Electronic

News: Delta Company released a containerized SST product. The product may be a containerized intelligent substation or similar equipment. The industry is expected to have a series of catalysts in the near term, which may include policy support, technological innovation, or market expansion.

【Food-related concept】

Related stocks: Xinnong Development, Beidahuang, Jinjian Rice Industry

News: The Strait of Hormuz is not only a gateway for about one-fifth of global oil transportation, but also handles about 30% of the world’s fertilizer trade transport. Due to recent conflicts between the U.S. and Iran and between Israel and Iran, fertilizer transportation has also been affected, with about 3.0 to 4.0 million tons of fertilizer trade being blocked each month. Fertilizer prices have risen, increasing pressure on grain prices. Countries such as Bangladesh, India, and Brazil face relatively high risks in food production. MarksyMo. Torero, chief economist at the UN Food and Agriculture Organization, said that the “blockage” at the Strait of Hormuz is pushing the world toward a food crisis, and risks are rising.

A massive amount of information and precise interpretation—everything is right here in the Sina Finance APP