Mid-day Report: The Shanghai Composite Index hit a low and then rebounded slightly in the afternoon, with a small increase. The Hainan free trade zone and electric grid equipment sectors experienced collective surges.

The three major indexes were mixed in the morning session. As of midday, the Shanghai Composite Index rose by 0.05%, the Shenzhen Component Index fell by 0.15%, the ChiNext Index rose by 0.17%, and the B shares 50 index remained flat. The turnover of Shanghai, Shenzhen, and Beijing markets in the morning session was 1.1497 trillion yuan, a decrease of 81.4 billion yuan from the previous day. More than 3000 individual stocks in the entire market were up. In terms of index trends, the three major indexes opened lower and then fluctuated before rebounding. The Shanghai Composite Index and the ChiNext Index turned positive near midday. In terms of sector themes, the Hainan Free Trade Zone, power grid equipment, airport transportation, tourism and hotels, and food and beverage sectors led the gains, while the semiconductor, quantum technology, and gaming sectors led the losses. On the market, the Hainan Free Trade Zone sector surged, with Haima Automobile hitting the daily limit up for the fourth consecutive day, and stocks like Caesar Tourism, Hainan Development, and Zhiyuan Oil and Gas also hit the daily limit up. The power grid equipment sector collectively surged, with Zhongneng Electric hitting the daily limit for two consecutive days, and nearly 10 stocks like Xineng Taishan, Sunlight Cable, and Baobian Electric also hit the daily limit up. In addition, there were fluctuations in the battery and retail sectors. On the other hand, the storage chip sector experienced a correction, with stocks like Fudan Microelectronics, Yunhan Semiconductor, and ZTE Innovation falling. Quantum technology concept stocks also saw a pullback, with stocks like Sci-Tech GW, Fujida, and Guodun Quantum all falling.