Midday Report: The ChiNext Index rose more than 3% to a new high for the year, with photovoltaic equipment and CPO concept stocks leading the gains.

In the early session, the three major A-share indexes collectively rose. As of the midday break, the Shanghai Composite Index rose by 0.16%, the Shenzhen Component Index rose by 1.57%, and the Growth Enterprise Index rose by 3.3%. The BeiGene 50 Index rose by 0.63%. The total turnover of the Shanghai and Shenzhen markets reached 1.4539 trillion yuan in the morning, an increase of 139.1 billion yuan from the previous day. Over 2100 stocks in the entire market rose. In terms of sector themes, the leading sectors in terms of increase included photovoltaic equipment, batteries, energy metals, power, optical fibers, CPO, tourism and hotels, and PET copper foil sectors. The leading sectors in terms of decline included oil and gas exploration and services, Huawei's Ascend, data security, computing power leasing, diversified finance, and chemical materials. In the market, influenced by the rise of US stocks in the communication sector overnight, stocks in the optical module and CPO concepts collectively rose. Yuanjie Technology's stock price broke through 1000 yuan during the day, with Xinyi Sheng and Zhongji Xuchuang also rising sharply. Stocks in the new energy field such as photovoltaics and batteries strengthened during the day, with companies like Zhengtai Power and Shangneng Electric acquiring limit up. It is reported that Tesla is seeking to purchase $2.9 billion worth of photovoltaic production equipment from Chinese suppliers. In addition, sectors such as power, optical fibers, tourism, and hotels were also active. On the other hand, most oil and gas stocks adjusted, with Zunyou Oil and Potential Hengxin leading the decline. The computing power leasing sector also saw a correction, with Super Xin Communication hitting the limit down, and Dawei Technology and Oriental Guoxin following suit.