Midday review: Shenzhen Component Index, ChiNext Index both up nearly 1%, the consumer electronics sector leads the gains.

date
01/12/2025
In early trading, the market opened in the red and fluctuated, with both the Shenzhen Component Index and the ChiNext Index rising nearly 1%. In terms of sectors, the consumer electronics sector led the gains, with Haoson Electronics rising over 20% and leading company ZTE Corporation hitting the limit up; the non-ferrous metals sector opened significantly higher, with many stocks such as Luoping Zinc Electricity and Silver Nonferrous hitting the limit up; the commercial aerospace sector fluctuated and strengthened, with stocks like Leike Defense and Likun Share hitting the limit up; on the downside, the insurance sector weakly fluctuated, with China Pacific Insurance leading the declines; the software development sector adjusted, with Guotou Intelligent leading the declines. Overall, there were more gains than losses in individual stocks, with over 3600 stocks rising. As of the midday close, the Shanghai Composite Index was at 3904.90, up 0.42%; the Shenzhen Component Index was at 13106.95, up 0.95%; and the ChiNext Index was at 3080.16, up 0.90%. On the market, the consumer electronics, zinc metal, and lead metal sectors led the gains, while the internet e-commerce, insurance, and titanium dioxide concepts led the declines.