Midday Report: The ChiNext Index fell by 0.88% in the morning, while the innovative pharmaceutical sector showed strength against the market trend.

The three major indexes all fell in the early trading session. As of midday, the Shanghai Composite Index was down 0.31%, the Shenzhen Component Index fell 0.75%, the Chinext Index dropped 0.88%, and the northbound 50 Index rose 0.24%. The total turnover of the entire market in the morning was 771.6 billion yuan, an increase of 12.1 billion yuan from the previous day. Over 4,100 stocks in the market were in the green. In terms of sector themes, the leading sectors were innovative drugs, breeding industry, and brain-machine interface, while controllable nuclear fusion and humanoid robots were the worst performers. In terms of market performance, the innovative drug sector led the gains, with stocks such as Rui Zhi Pharmaceutical, Hainan Haiyao, Ha Sanlian, and Huasen Pharmaceuticals all hitting their daily limit up. The breeding industry sector performed well, with Ju Xing Farming and Animal Husbandry and Xiangjia Shares both hitting the daily limit up. The digital currency concept was repeatedly active, with Hengbao shares and Hailian Jinhui both hitting the daily limit up. The controllable nuclear fusion concept performed poorly, with Wangzi New Material and Rongfa Nuclear Power hitting the daily limit down, and Zhongzhou Special Materials and Ha Welding Huatong dropping more than 10%. High-priced stocks collectively plummeted, with Youyu shares, Shangwei shares, Yongan Pharmaceuticals, and Zhongchao Holdings all falling more than 8%.