A-share midday report: The index fluctuates, with the ChiNext index up over 2%. "Old listed stocks" faced selling pressure again, with over 4400 individual stocks declining.

date
11:44 24/06/2026
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GMT Eight
In the morning session, the three major A-share indexes showed divergent trends. By midday, the Shanghai Composite Index fell by 0.25%, the Shenzhen Component Index rose by 0.33%, and the Chinext Index rose by 0.42%.
On June 24th, the three major indexes of A-shares showed mixed trends in the morning session. By midday, the Shanghai Composite Index was down 0.25%, the Shenzhen Component Index was up 0.33%, and the ChiNext Index was up 0.42%. Over 4400 stocks in the market were declining; the combined trading volume of Shanghai, Beijing, and Shenzhen markets reached 2.09 trillion yuan in the first half of the day, with a decrease of 231.8 billion yuan compared to the previous day. In terms of market performance, the PCB concept collectively rebounded, with electronic cloth, copper foil boards, and hydrofluoric acid leading the gains. Ji'an Mankun Technology and China Jushi Co., Ltd. hit their daily limit up, Chongqing Polycomp International Corporation rose by over 15%, reaching a new high. The chip industry chain showed significant strength, led by advanced packaging companies. In the pharmaceutical sector, Shanghai Haixin Group continued its strong performance, with Hainan Haiyao and WuXi AppTec also doing well. However, sectors like finance, real estate, tourism, duty-free shops, hotels, restaurants, retail, and liquor were all on a downward trend. Power stocks continued to decline, as did industries like coal, steel, and oil and gas. Looking ahead, EB SECURITIES believes that despite ongoing geopolitical and liquidity risks, there is still confidence in the mid-term market outlook. However, there is pressure on technology stocks to realize profits, and short-term trends may be volatile. Investors are advised to watch for the digestion of profit-taking in technology sectors and the warming up of mid-year financial reports. Popular sectors included the PCB concept, the chip industry chain, and the pharmaceutical industry. Analysts from different institutions provided insights and recommendations for investors based on their analysis of the current market conditions and future trends.