Midday Report: Index differentiation, Shanghai Composite Index up 0.19% in the morning, shipping sector surging.
Approaching noon, the Shanghai Composite Index rose and turned red, while the ChiNext and Shenzhen Component Indexes showed weak fluctuations. In terms of sectors, the shipping sector surged, with stocks like Cosco Shipping, Ningbo Shipping, and Nanjing Port all hitting their daily limit up; insurance stocks rose during the midday trading session, with China Taiping and China Life Insurance leading the gains; the rare earth permanent magnet concept strengthened in the morning, with Nine Liling Technology leading with a rise of over 10%; the photovoltaic concept collectively fell back, with solar equipment leading the declines, with Daqu Qingyuan Energy and Huamin Stock leading the declines; the precious metals sector weakened, with Xiaocheng Technology leading the declines; the humanoid robot sector fluctuated lower, with Wanxiang Qianchao and Dema Technology leading the declines. Overall, there were more declines than gains in individual stocks, with over 3800 stocks falling. By the midday close, the Shanghai Composite Index was at 3381.17 points, up 0.19%; the Shenzhen Component Index was at 10261.62 points, down 0.26%; and the ChiNext was at 2057.72 points, down 0.22%. On the market, port shipping, chemical fiber, and insurance sectors led the gains, while photovoltaic equipment, precious metals, and BC battery sectors led the declines.
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