On November 2, A-shares opened higher and extended gains, with a broad rally into the midday break. The ChiNext Index climbed more than 3% at one point before paring gains in the afternoon. At the close, the Shanghai Composite Index was up 1.08%, the Shenzhen Component Index gained 1.63%, and the ChiNext Index rose 1.87%. Turnover across the two markets exceeded 1.7 trillion yuan, with more than 4,600 stocks advancing. The AI application sector led the gains, the film and cinema sector surged, and multiple stocks—including Bona Film Group and China Television Media—hit the daily limit up. Gaming and cultural media sectors ranked among the top gainers, while the banking sector opened higher but drifted lower, and the precious metals sector remained sluggish throughout the session.
