Mid-day analysis: The ChiNext Index surged 3% in half a day, with multiple sectors such as photovoltaics and computing hardware seeing significant gains.

The three major indices collectively rose in early trading. By midday, the Shanghai Composite Index rose by 1.17%, the Shenzhen Component Index rose by 2.07%, the ChiNext Index rose by 3.11%, and the CSI 50 Index rose by 1.42%. The total trading volume in Shanghai, Shenzhen, and Beijing exceeded CNY 1.5045 trillion in the first half of the day, an increase of CNY 109.6 billion from the previous day. Over 4,400 individual stocks in the market rose. In terms of sector performance, the top gainers were in the sectors of photovoltaic equipment, short-video games, optical fibers, CPO, dyes, diamond cultivation, semiconductors, and computing power leasing, while the liquor, oil and gas, and banking sectors lagged behind. On the market, Elon Musk's bet on photovoltaic manufacturing led to a strong performance in the photovoltaic sector. Stocks such as TCL China Star, Trina Solar, and Shuangliang Energy all hit their daily limit up. Meanwhile, Huang Renxun stated that there is still a long way to go in AI development, driving up stocks in the optical fiber and computing power hardware sectors. Tianjin Cotaing Communication hit its daily limit up, and Fiberhome Optic once again reached a new high. Dye industry giant Lianhuan raised dye prices by CNY 4000 per ton, boosting the dye sector and resulting in companies like Runtu and Jinhua Group hitting their limit up. Furthermore, sectors such as short-video games, computing power leasing, and semiconductors saw multiple stocks performing well. On the other hand, the oil and gas sector slightly lagged behind due to capital outflows. Stocks like Qianeng Hengxin and China National Petroleum Corporation saw declines, leading to more stocks rising than falling in the overall market.