Midday review: Shenzhen Component Index and ChiNext Index both rose by nearly 1%, with the consumer electronics sector leading the gains.

date
01/12/2025
In the early morning trading, the market fluctuated in the red, with the Shenzhen Component Index and the ChiNext index both rising by nearly 1%. In terms of sectors, the consumer electronics sector led the gains, with Haoson Electronics up over 20%, and leading company ZTE Corporation hitting the limit up; the non-ferrous metals sector opened significantly higher, with several stocks such as Luoping Zinc Power and Baisilver Nonferrous hitting the limit up; the commercial aerospace sector showed strength, with multiple stocks including Reeko Defense and Lijun Stock hitting the limit up; on the downside, the insurance sector showed weakness and China Life Insurance led the decline; the software development sector adjusted, with national investment intelligence leading the decline. Overall, there were more stocks rising than falling, with over 3600 stocks rising. By midday, 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 metals, and lead metals sectors led the gains, while the internet e-commerce, insurance, and titanium dioxide concepts led the declines.