Midday review: The ChiNext Index rose by 0.72% in the morning, and the Hainan Free Trade Zone sector surged across the board, triggering a rush of limit-up.

The three major indexes collectively rose in the morning session. As of the midday break, the Shanghai Composite Index rose 0.48%, the Shenzhen Component Index rose 0.65%, the ChiNext Index rose 0.72%, and the CSI 50 Index rose 0.66%. The total turnover in the Shanghai, Shenzhen and Jinan markets reached 1.133 trillion yuan in the morning session, a decrease of 26.5 billion yuan from the previous day. Over 3900 individual stocks in the market saw gains. In terms of sector themes, stocks related to the Hainan Free Trade Zone, energy metals, rare earth permanent magnets, Yadu Hydropower, securities, and photolithography machines saw the highest gains. On the other hand, precious metals, banks, CPO, and pork related sectors saw the biggest declines. In terms of market trends, the Hainan Free Trade Zone and duty-free shop sectors saw a collective surge, with stocks such as Kangzhi Pharmaceutical, China National Travel Service, and Hainan Development all hitting their daily limit for gains. The lithium mining sector fluctuated and strengthened during the session, with stocks such as Xiazang Mining and Yongshang Lithium hitting their daily limit for gains. Stocks related to Yadu Hydropower maintained their strong performance, with multiple stocks such as China Power Construction, Tibet Tianlu, and Poly Real Estate Group hitting their daily limit for gains. The rare earth permanent magnet sector also showed strong performance, with stocks such as Baosteel Corporation, Zhongke Sanhuan hitting their daily limit for gains, and Longi Magnet Technology hitting a historical high during the session. The precious metals sector lagged behind, with China National Gold Group falling by over 5% and stocks such as Western Gold and Shandong Gold following suit. Stocks related to CPO fluctuated and adjusted, with Taichenguang falling by over 8% and stocks such as Xinyisheng, Zhongjixuchuang, and Tianfutongxing all seeing different degrees of decline.