Midday report: Index differentiation, Shanghai index up 0.19% in the morning, shipping sector surges.
Near the midday break, the Shanghai index rose and turned red, while the ChiNext and Shenzhen Component Index continued to fluctuate weakly. In terms of sectors, the shipping sector saw a large increase, with stocks like China Cosco Shipping, Ningbo Shipping, and Nanjing Port hitting their daily limit up; insurance stocks rose during the day, with China Pacific Insurance and China Life Insurance leading the gains; rare earth permanent magnet concept stocks were strong in the morning, with Juhong Technology leading with a rise of over 10%; the photovoltaic concept collectively fell, with photovoltaic equipment leading the decline, with Daquan Energy and Huamin Shares leading the way down; the precious metals sector weakened, with Xiaocheng Technology leading the decline; humanoid robot sector fluctuated and fell, with Wanxiang Qianchao and Dema Technology leading the decline. Overall, individual stocks fell more than they rose, with over 3800 stocks falling. As of the midday close, the Shanghai index was at 3381.17 points, up 0.19%; the Shenzhen Component Index was at 10261.62 points, down 0.26%; and the ChiNext Index was at 2057.72 points, down 0.22%. On the market, port shipping, chemical fibers, and insurance sectors led the gains, while photovoltaic equipment, precious metals, and lithium-ion battery sectors led the declines.
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