SK Hynix IncSK Hynix tumbled 11.53% as global chip stocks faced heavy selling.
China's A-share market underwent volatile adjustments today, with the Shanghai Composite Index falling 1.85 percent and losing the 3,900-point level. However, the traditional Chinese medicine sector surged against the market, with Pien Tze Huang and ZBD Pharma hitting their daily limit up in the afternoon. The pharmaceutical and biological industry saw a net inflow of over 5 billion yuan in main funds, and the TCM sector index rose more than 3 percent at one point during the session, marking seven consecutive positive daily candlesticks. Harbin Pharmaceutical Group locked in its fifth straight daily limit up, while Hainan Haiyao achieved its second consecutive daily limit up. Chip stocks, on the other hand, suffered a broad sell-off, with the semiconductor sector index plunging more than 5 percent. Companies such as JCET and Demingli hit limit down in batches. Global chip stocks also faced heavy selling, with South Korea's SK Hynix tumbling 11.53 percent and Japan's Kioxia plummeting 15.03 percent. On the news front, the State Council approved the 15th Five-Year Plan for the Revitalization and Development of Traditional Chinese Medicine, and the 2026 edition of the National Essential Medicines List added 48 new proprietary Chinese medicines.
SK Hynix IncSK Hynix tumbled 11.53% as global chip stocks faced heavy selling.
Kioxia plummeted 15.03% amid global chip stock sell-off.
Zhangzhou Pientzehuang Pharmaceutical Co LtdState Council approved 15th Five-Year Plan for TCM revitalization, boosting sector sentiment.
Heilongjiang ZBD Pharmaceutical Co LtdZBD Pharma hit limit up as TCM stocks rallied on State Council plan and essential medicines list expansion.
JCET Group Co LtdChip stocks plunged across the board amid broad sell-off; JCET hit limit down.
Hainan Haiyao Co LtdHainan Haiyao achieved second consecutive limit up amid TCM sector surge driven by policy news.
Harbin Pharmaceutical Group Co LtdTCM sector surged on policy support; Harbin Pharmaceutical locked fifth straight limit up.
Shenzhen Techwinsemi Technology Co. Ltd.Chip stocks broadly sold off, dragging down semiconductor companies like Shenzhen Techwinsemi.