After nearly two months! The Shanghai Composite Index returned to the 3,400-point mark, with 30% of individual stocks "recovering" during the same period, and these heavyweights regaining lost ground.

Recently, the Shanghai Composite Index has continued to strengthen. As of today's (May 14) close, it reached 3,403.95 points, marking its return above the 3,400-point threshold after 35 trading days, based on the closing price. Meanwhile, the current closing level of the Shanghai Composite Index is only 1 percentage point away from the year's high of 3,439.05 points recorded on March 19.

Note: The Shanghai Composite Index regained the 3,400-point threshold today (as of May 14 close)

Indexes collectively recovered over a month, with 20% of sectors regaining lost ground

Similar to the Shanghai Composite Index, other major market indexes have also seen varying degrees of recovery recently. Among them, the Beijing Stock Exchange and weighted indexes have outperformed the ChiNext and small-to-mid-cap indexes. Specifically, based on the Shanghai Composite Index's "3,400-point to 3,400-point" period (from March 20 to May 14), the rebound strength of the Beijing 50, Dividend Index, and SSE 50 Index significantly surpassed the Shanghai Composite Index's performance during the same period. In contrast, the CSI 1000, CN 2000, ChiNext Index, and CSI 2000 still have some ground to cover, with all showing a decline of over 5%.

Note: Recent gains of major market indexes (as of May 14 close)

From an industry sector perspective, during the Shanghai Composite Index's "3,400-point to 3,400-point" period, only six sectors outperformed the Shanghai Composite Index, accounting for nearly 20% of the 31 Shenwan first-tier sectors. Among them, the Beauty Care and Banking sector indexes both rose over 5% from March 20 to today's close. Meanwhile, the Agriculture, Forestry, Animal Husbandry, and Fisheries, and Public Utilities sector indexes also saw gains of over 3%. In contrast, sectors such as Computers, Electronics, Electrical Equipment, Machinery Equipment, and Social Services have underperformed the Shanghai Composite Index in the recent period.

Note: Recent gains of industry sector indexes (as of May 14 close)

Based on the average share price of A-shares, as of today's (May 14) close, the average closing price of individual stocks in the market was 21.7 yuan, higher than the daily average of 20.88 yuan since the beginning of the year, and basically recovered to the level around March 20 (22.48 yuan). In addition, the current average share price of A-shares is still 1.15 yuan below the year's high closing price of 22.85 yuan (recorded on March 18), representing a decline of nearly 5%. Meanwhile, it has increased by 3.08 yuan from the recent low closing price of 18.62 yuan (on April 7), with a recovery amplitude of nearly 16.5%.

Note: Recent changes in the average share price of A-shares (as of May 14 close)

30% of individual stocks recovered during the same period, a list of active weighted stocks

From an individual stock perspective, calculating based on today's closing price compared to the closing price on March 20, excluding new listings, a cumulative total of 1,667 stocks showed gains or remained flat, accounting for nearly 30.8% of the entire A-share market. From the perspective of industry sectors, among the aforementioned stocks, there are relatively more stocks in the basic chemicals, pharmaceuticals and biotechnology, and machinery equipment sectors. In terms of the proportion within their respective sectors, the banking sector had the highest proportion of stocks that closed higher or flat, at 95%. Other sectors with high proportions included transportation, agriculture, forestry, animal husbandry, and fishery, public utilities, beauty care, and basic chemicals.

Note: Industry distribution of stocks that closed higher or flat today compared to the closing price on March 20 (as of the close on May 14)

When categorized by securities sector, among the aforementioned stocks, there were significantly more on the main boards of the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE), followed by the ChiNext Market and the Science and Technology Innovation Board (STAR Market). In terms of the proportion within their respective sectors, the Beijing Stock Exchange (BSE) sector had a notably higher proportion of stocks that closed higher or flat today compared to the closing price on March 20, reaching 58.33%. The proportions for the Risk Warning Board, SSE Main Board, SZSE Main Board, and STAR Market were 39.42%, 35.48%, 29.76%, and 26.84%, respectively, while the ChiNext Market had the lowest proportion at 21.91%.

Note: Sector distribution of stocks that closed higher or flat today compared to the closing price on March 20 (as of the close on May 14)

Looking at specific stocks, during the "3400-point to 3400-point" period of the Shanghai Composite Index, many large-cap stocks performed actively. Among stocks with a market capitalization exceeding 200 billion yuan, six stocks—AVIC Chengfei, PICC, Shanghai Pudong Development Bank, Hengrui Medicine, COSCO Shipping Holdings, and China Construction Bank—all saw their closing prices today increase by more than 10% compared to March 20. Among them, AVIC Chengfei recorded the highest increase of 45.3% during this period. In addition, large-cap stocks such as Gree Electric Appliances, Agricultural Bank of China, Bank of Communications, China Pacific Insurance, and China Yangtze Power also performed actively recently.

Note: Large-cap stocks with a total market capitalization exceeding 200 billion yuan and the highest increases in closing price today compared to March 20 (as of the close on May 14)