Midday Report: Shanghai Composite Index fell by 0.19% after a midday plunge, with over 3900 individual stocks in the market experiencing declines.

As of midday, the Shanghai Composite Index fell by 0.19%, the Shenzhen Component Index rose by 0.17%, the ChiNext Index fell by 0.15%, and the CSI 50 rose by 0.08%. The total market turnover was 1.4648 trillion yuan, an increase of 252.9 billion yuan from the previous day. In terms of sectors, the Hainan, lithium, and precious metals sectors were active, while the paper and CPO sectors made adjustments. In terms of performance, the Hainan sector was strong, with Hainan Mining and Hainan Development both hitting the limit up. The lithium sector was also strong, with Yongxing Materials hitting the limit up and Rongjie Shares rising by over 4%. The precious metals sector was strong, with Xiaocheng Technology rising by over 8% and Hunan Silver rising by over 5%. The paper sector was weak, with Qingshan Paper and Hengda New Materials falling by over 5%. The CPO sector made adjustments, with Changguang Huaxin falling by over 10%.