Jufeng Market Review: The Pharmaceutical Sector's Gaming Stocks Surge Strongly

Questioning AI · How does the stock reserve game under the widespread rise of A-shares affect investment strategies?

Author | Ding Zhenyu, Editor | Liang Puxi

Source: Jufeng Investment Advisory, Good Stocks App

Market Brief

On Wednesday, A-shares fluctuated and rebounded, with all three major indices rising over 1%. The Shanghai Composite Index recovered above 3,900 points, and the STAR Market 50 rose 3%. In terms of sectors, medical services, biopharmaceuticals, chemical pharmaceuticals, medical cosmetology, components, gaming, medical devices, hospitality, semiconductors, chemical fibers, robots, and other sectors led gains, while power, energy metals, coal, and utilities saw slight declines. Regarding themes, recombinant proteins, CRO, innovative drugs, weight-loss drugs, East Data West Computing, virus prevention and control, and others led the gains, while transportation equipment, biomass power generation, and railway infrastructure saw minor pullbacks.

Hot Sectors

Computing power leasing strengthened, with Aoruite, Meili Yun hitting the daily limit, Hongjing Technology, Yitian Intelligent, Oriental Guoxin, Hengrun Shares, UCloud, Capital Online, Huasheng Tiancheng among the top gainers.

Innovative drugs strengthened, with Ruizhi Medical hitting the 20cm limit, JinYao Pharmaceuticals four consecutive limit-ups, Rundu Shares, Anglikang, Wanze Shares hitting the limit, and Haite Biology, Rejing Biology, Rongchang Biology among the top gainers.

The gaming sector strengthened, with Perfect World and GigaNetwork hitting the limit-up, Shunwang Technology, Kaiying Network, Century Huatong, and 37 Interactive Entertainment rising over 5%.

News Highlights

People’s Bank of China: Continue to Implement Moderately Loose Monetary Policy

The Monetary Policy Committee of the People’s Bank of China held its first-quarter meeting for 2026. The meeting believed that China’s overall economic operation remains stable with progress, and high-quality development has achieved new results, but challenges such as strong supply and weak demand, external shocks, etc., still exist. The policy will continue to be moderately loose, increase counter-cyclical and cross-cyclical adjustments, better leverage both total and structural functions of monetary policy tools, strengthen coordination with fiscal policy, and promote stable economic growth and reasonable price recovery.

Nine Departments Issue Action Plan to Promote Innovation in the Internet of Things Industry

On March 31, the Ministry of Industry and Information Technology announced that nine departments, including the MIIT, recently jointly issued the “Action Plan for Promoting Innovation and Development of the Internet of Things Industry (2026-2028).” The plan aims to stimulate demand for IoT applications in consumption, innovate scenarios such as human-vehicle-home connectivity, smart supermarkets, remote medical treatment, medical and elderly care integration, digital education, and smart cultural tourism, and cultivate a batch of IoT applications and value-added services.

Multiple Provinces Accelerate Large-Scale Development of Hydrogen Energy

Recently, relevant national departments launched pilot projects for the comprehensive application of hydrogen energy. From local perspectives, reporters learned that several provinces will promote large-scale development of hydrogen energy this year and study related supporting policies and measures.

Jufeng Viewpoint

On Wednesday, influenced by a strong rally in overseas markets, the Shanghai Composite Index opened 1.23% higher, the Shenzhen Component Index opened 1.88% higher, the ChiNext Index opened 2.21% higher, and the STAR Market 50 opened 2.73% higher. Precious metals, CPO concepts, semiconductors, AIPC, components, AI phones, PCB concepts, Apple supply chain, and other sectors surged over 2%, while oil and gas extraction and coal declined against the trend.

In terms of hotspots, overnight U.S. tech stocks surged, with Nvidia up over 5%, SanDisk up over 10%; this stimulated related sectors such as computing hardware and leasing. The innovative drug sector continued its recent strong performance, with leading companies exceeding expectations, serving as the core driver of the rise. Near midday, rumors spread that Laplace won a Tesla project, causing a sharp 20% surge and boosting photovoltaic equipment stocks.

In the afternoon, tourism hotels, CPO concepts, robotics, power grid equipment, and electricity sectors surged; meanwhile, international oil prices plunged over 5%, and coal and oil & gas extraction retreated, leading to sideways consolidation in indices. The market showed a broad rally, with trading volume returning above 2 trillion yuan, and over 4,500 stocks rising.

From the current trend, the market has already shown clear differentiation, with trading volume slightly shrinking, indicating entry into a stock reserve game phase. Since the external “black swan” events have not yet subsided, the A-share trend will likely fluctuate repeatedly. Investors should focus on low-buy opportunities after previous hot industry leaders pull back.

From a long-term perspective, Jufeng Investment Advisory believes that under policy stimulation, A-shares and the economy are expected to turn upward in tandem. For medium-term investment, it is recommended to focus on incremental opportunities in high-growth sectors such as semiconductors, consumer electronics, artificial intelligence, robotics, and commercial aerospace; for risk-averse investors, broad-based funds like CSI A500 ETF and CSI 300 ETF can be considered on dips.

Author: Ding Zhenyu License: A0680613040001

Disclaimer: The above content is for reference only and does not constitute specific operational advice. Any trading based on it is at your own risk.

Author’s statement: Personal opinions, for reference only.