Midday Report: The ChiNext Index fell by 1.10% in the morning session, with over 4600 individual stocks across the entire market experiencing declines.

The three major indices collectively fell in the morning session. As of noon, the Shanghai Composite Index fell by 0.86%, the Shenzhen Component Index fell by 1.01%, the ChiNext Index fell by 1.10%, and the CSI 50 Index fell by 0.99%. The total market turnover in the morning was 805.8 billion yuan, up 43.2 billion yuan from the previous day. Over 4600 individual stocks in the market were trading higher. In terms of sector themes, the solid-state battery, PCB concept, and oil sector had the highest gains, while the nuclear fusion, military, and weight loss drug sectors had the largest declines. On the market, the solid-state battery sector led the gains, with Norde Stock, Xiangtan Electric, and Fengyuan Stock all hitting their daily limit-up. The stablecoin concept was partially active, with Dongxin HePing hitting the limit-up and Chutian Long and Anyi Stock rising more than 5%. The AI hardware sector had a significant increase, with Yihao New Material, Zhongjing Electronics, and Kaiwang Technology all hitting their limit-up. The nuclear power sector had the largest declines, with Hedian Intelligent, Zhonghe Science and Technology hitting the limit-down, and Hahan Huatong falling by nearly 15%. The weight loss drug concept stocks collectively adjusted, with Changshan Pharmaceutical hitting the limit-down and Hanyu Pharmaceutical falling by more than 10%.