Midday Review: The Shanghai Composite Index fell by 0.1% in the first half of the day, with gold and AI application concept stocks leading the gains.

The three major indexes showed mixed movements in the morning session. As of midday, the Shanghai Composite Index fell by 0.1%, the Shenzhen Component Index rose by 0.01%, the ChiNext Index fell by 0.05%, and the CSI 50 Index rose by 0.08%. The total turnover of the Shanghai, Shenzhen and Jing markets in the first half of the day was 2.0349 trillion yuan, an increase of 104.2 billion yuan from the previous day. More than 2,400 stocks in the entire market rose. In terms of sector themes, precious metals, oil and gas exploration and services, cultural media, AI applications, real estate, and soccer sports sectors led the gainers; while semiconductor, lithography, biopharmaceutical vaccines, power grid equipment, and wind power equipment sectors led the declines. On the market, international gold prices continue to hit new highs, leading to a surge in gold stocks. Western Gold has hit the limit for 4 consecutive days, and Hunan Gold has received 4 consecutive limit up. With a series of catalytic news recently, cultural media, short video games, and other AI applications have collectively strengthened. Blue focus rose by more than 10%, and iFLYTEK hit the limit after its performance. The real estate sector also performed actively, with stocks such as Wanda Group and Shanghai Real Estate achieving limit up. According to reports, many real estate companies are no longer required by regulatory authorities to report "three red lines" related data every month. In addition, the oil and gas exploration and soccer sports sectors followed the uptrend. On the other hand, the semiconductor sector showed differentiation, with wafer manufacturing declining somewhat. Semiconductor International and Hua Hong Co. fell by more than 2%. The power grid equipment sector saw a pullback, with Hengtong Cable and Sanbian Technology dropping.