Chinese stock markets showed mixed performance over recent trading sessions. The Shanghai Composite Index experienced a rebound, closing up 0.25% and returning above the 3,300-point mark for the first time since the April 7 market crash, marking a 12-day recovery. However, the ChiNext Index declined by 0.82%. Turnover on the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) exceeded 1 trillion yuan for two consecutive days. The FTSE China A50 Index futures rose over 1%. The Hang Seng Index in Hong Kong closed up 0.78%, and the Hang Seng Tech Index rose 0.24%, supported by a net southbound capital inflow exceeding HK$21 billion. Despite this, major technology and e-commerce stocks such as Meituan and JD.com fell by over 4% and 6%, respectively. The E Fund CSI HK Connect China 100 ETF hit its limit up for the third consecutive day, reaching a new 20-day high with a trading volume of 182 million yuan. Sector-wise, pharmaceutical and retail stocks led gains, with Xintai Medical surging over 47% before trading was halted. China's National Bureau of Statistics reported that the wholesale and retail industry's added value reached 3.3 trillion yuan in the first quarter, up 5.8% year-over-year. Overall, Chinese and Hong Kong stocks maintained two-week highs despite declines in Wall Street.