On September 12, the three major indices were adjusted in shock, with the Shanghai index down 0.18 per cent, the Shenzhen index down 0.08 per cent, the ChiNext down 0.59 per cent and the Kechuang 50 index down 0.65 per cent. More than 1900 stocks in the two cities rose. Turnover in Shanghai and Shenzhen stock markets today was 708.3 billion yuan. Northbound funds sold a net 1.98 billion yuan throughout the day, of which Shanghai Stock Exchange sold a net 1.152 billion yuan and Shenzhen Stock Exchange sold a net 0.828 billion yuan.

innovative drugs, diet drugs sector led the rise, of which, Changshan Pharmaceuticals (300255.SZ) rose 20%, Hanyu Pharmaceuticals (300199.SZ) rose 13.56 percent, Dezhan Health (000813.SZ) rose 10%. On the news, Novo Nordisk and Eli Lilly continue to rise and set new record highs; JPMorgan Chase has raised its sales expectations for weight-loss drugs, and it is expected that the annual sales of GLP-1 receptor agonist-related drugs will exceed $100 billion by 2030.

industrial hemp plate sprung up, including Fu'an Pharmaceuticals (300194.SZ) rose 18.99 percent, Tonghua Jinma (000766.SZ), Rhine Bio (002166.SZ) rose 10 percent. On the news, the U.S. industrial hemp sector continued its fierce rally on Monday, with Champion Growth (Canopy Growth) closing up 81.37 percent, Aurora hemp up 72.17 percent, and a number of other sector stocks and ETFs also showing double-digit percentage gains.

auto parts sector strength, Demex (301007.SZ) rose 13.67 percent, Xingmin Zhitong (002355.SZ), Wencan shares (603348.SH), Weidi shares (603023.SH) rose 10 percent. On the news, Adam Jonas, chief analyst of the global automotive industry, said recently that Tesla's enterprise value has increased by as much as $500 billion thanks to the Dojo supercomputer, while raising Tesla's benchmark target price to $400. Affected by this, Tesla's share price rose more than 10% last night.

communications, CPO concept is also strong, optical fast technology (002281.SZ), Mingpu optical magnetic (002902.SZ) rose 10%, optical library technology (300620.SZ) rose 8.62 percent. The function of optical module is to realize photoelectric conversion, which is the core device of optical communication system. AI large model computing power is growing exponentially, requiring high computing infrastructure to match. At the same time, the east-west traffic in the AI large model has increased significantly, which is more suitable for the leaf ridge network architecture and will significantly increase the usage of high-end optical modules such as 400G/800G. CICC believes that the trend of high-speed evolution of optical modules is clear, and many manufacturers are competing for the 800G + track, but the specific commercialization rhythm of each manufacturer needs to be followed up one by one. In addition, high-power scenarios require higher energy consumption, and new materials such as LPO packaging and thin-film lithium niobate are expected to become long-term directions.

on the decline list, the popularity of media, games, data confirmation and other sectors was low, while people's network (603000.SH), electric soul network (603258.SH) and xunyou technology (300467.SZ) all fell. Semiconductor and securities sectors also weakened, with chuangyao technology (688259.SH) down 12.24, qingyi photoelectric (688138.SH) down 5.88 and Guosheng gold control (002670.S) down 2.85.

Author: Flying Fish