Midday Report: The ChiNext Index rose 1.04% in the morning, and the pet economy sector collectively surged.

In the early session, the three major A-share indices collectively rose. As of the midday break, the Shanghai Composite Index increased by 0.38%, the Shenzhen Component Index rose by 0.79%, the ChiNext Index climbed by 1.04%, and the SSE 50 Index was up by 1.37%. The total turnover of the entire market in the morning session was 752.2 billion yuan, an increase of 23.9 billion yuan from the previous day. 3600 individual stocks in the entire market rose. In terms of sector themes, healthcare and beauty, pet economy, innovative medicine, and IP economy sectors led the gains; while the port and shipping, and chemical fiber sectors led the declines. On the market, the pet economy concept saw the highest increase, with stocks like KeKao, Tianyuan Pet, Chuangyuan Stock, Zuming Stock, and Yuanfei Pet hitting the limit up. The IP economy concept led gains, with stocks like Mankalong, Aofei Entertainment, and Shifeng Culture also reaching the limit up. The innovative medicine concept rebounded, with stocks like Yipinhong, Sansheng Guojian, Huahai Pharmacy, and Yatai Group hitting the limit up. The merger and acquisition restructuring concept remained active, with stocks like Zongyi Shares, Tianqimo, Datang Telecom, and Baobian Electric also hitting the limit up. The port and shipping concept saw the biggest declines, with stocks like Fenghuang Shipping and Ningbo Far East hitting the limit down.