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Nongfa Seed Industry: Report for the First Quarter of 2026 by China Nongfa Seed Industry Group Co., Ltd.
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A-Share Market Review: All three major indices declined! The ChiNext Index fell by more than 2%, with nearly 4,400 stocks across the entire market posting losses. Motorcycle and transportation equipment stocks bucked the trend and rose.
Gelonghui, March 31 | The three major indices of the A-share market collectively fell today. By the close, the Shanghai Composite Index dropped 0.8% to 3,891 points, the Shenzhen Component Index fell 1.81%, and the ChiNext Index declined by 2.7%. The total market turnover reached 2.01 trillion yuan, an increase of 78.3 billion yuan compared to the previous trading day, with nearly 4,400 stocks falling. In terms of sector performance, Zhangxue Motorcycle topped a world-class motorcycle race, driving gains in the motorcycle concept; Qianjiang Motorcycle hit the daily limit. The rail transit and transportation equipment sectors performed strongly, with multiple stocks such as Shenzhou High-Speed Railway and Jinxi Axle hitting their daily limit. The CRO (Contract Research Organization) concept and medical R&D outsourcing sectors were active, with Karyopharm Therapeutics surging to the daily limit. Other sectors including commercial vehicles, construction machinery, and banking also registered gains.
Express News | The underlying index of the E Fund Agriculture ETF (562900) rose nearly 1%, with expectations that the destocking of hog farming capacity will likely accelerate.