Morning Trading Session Recap
The ChiNext Index soared over 3% in morning trading, fully recovering from yesterday's losses. Approximately half of listed stocks gained across exchanges, with sector performance remaining fragmented:
Top Gainers
- Lithium battery sector (dominated market sentiment)
- CRO and baijiu sectors (rebounded from recent declines)
- Rare earth magnets (4 consecutive bullish sessions)
- Phosphorus chemicals
Notable Performers
✔️ Rongbai Technology (+20%)
✔️ Jiugu High-Tech (+17.24%)
✔️ Guoxuan High-Tech (limit-up)
Underperformers
- Coal and petroleum sectors
- HarmonyOS-related stocks
- Agricultural and digital currency concepts
Key Market Movements
Lithium Battery Dominance
The sector index reached historic highs, fueled by:- 603 million registered NEVs nationwide (as of June 2021)
- 234.9% YoY growth in new NEV registrations
- Strong demand for upstream materials
Rare Earth Momentum
Core stocks showing sustained strength:- Northern Rare Earth
- Minmetals Rare Earth
- Shenghe Resources
Pharmaceutical Rebound
Major players recovered after recent slump:- Mindray Medical (+6%)
- WuXi AppTec (+6%)
- Aier Eye Hospital (+6%)
Market News Highlights
📌 NEV Registration Records
- 110.3 million new NEV registrations in H1 2021
- 77.4 million increase YoY
📌 Circular Economy Development Plan
New policies to support:
- Green financial products
- Resource utilization tax benefits
- Recycled material procurement
Investment Considerations
⚠️ Sector Rotation Alert
While lithium batteries remain primary market drivers, investors should note:
- Increasingly concentrated trading within sectors
- Shortened growth cycles
- Prioritize leading stocks within each segment
👉 Discover Market-Leading Investment Strategies
FAQ Section
Q: Why did lithium stocks rebound so strongly?
A: Surging NEV demand and record-high material orders drove sector confidence.
Q: How long will the rare earth rally continue?
A: With stable policies and NEV production recovering, the uptrend may persist through Q3.
Q: Are pharmaceutical stocks now safe investments?
A: While rebounding, regulatory uncertainties suggest cautious position-building.