Midday Review: The ChiNext Index rose more than 1% in half a day, and technology stocks were strong.
The three major indices are not consistent in their movements, with the Shanghai index making a small adjustment while the ChiNext index rose over 1% in the morning session. In terms of sectors, the multimodal AI concept is strong, with companies like Zhejiang Wentai Internet and Supercom Communication hitting their daily limit up; the humanoid robot sector is oscillating but showing strength, with companies like GSK Technologies also reaching their limit up; the consumer electronics sector is active, with Guangda Tongchuang leading with a rise of over 10%; bank stocks collectively adjusted, with Huaxia Bank leading the decline; power stocks continue to decline, with Guangxi Energy and Huayin Power taking the lead; the precious metals sector rose high before falling back, with China National Gold leading the decline. Overall, there are more stocks rising than falling, with over 3800 stocks rising. By midday closing, the Shanghai index was at 3283.97 points, down 0.08%; the Shenzhen Component Index was at 9921.88 points, up 0.73%; the ChiNext index was at 1951.43 points, up 1.01%. On the market, Huawei Panggu, Zhipu AI, and kitchen and bathroom appliance sectors led the gains, while the banking, insurance, and free trade zone sectors led the declines.
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