Midday Review: Shanghai Composite Index rises by 0.2% in the morning, with the military equipment sector experiencing a collective surge.

The three major indexes fluctuated this morning. As of midday, the Shanghai Composite Index rose by 0.2%, the Shenzhen Component Index fell by 0.28%, the ChiNext Index fell by 0.49%, and the CSI 50 Index fell by 0.01%. The total trading volume in Shanghai, Shenzhen and Hong Kong was 932.3 billion yuan, a decrease of 75.7 billion yuan compared to the previous day. More than 2,700 stocks rose in the two markets. In terms of sector performance, the military equipment, precious metals, gaming, gas, and high-speed rail sectors led the gains, while the innovative pharmaceuticals, silicon energy, retail, and dairy sectors led the declines. In the military equipment sector, stocks surged collectively with companies like China Aerospace, Jiangxi Construction, and Aidudu all hitting the daily limit up. Gas stocks were active, with Shengtong Energy hitting the daily limit up. Gold stocks rose in the morning, with companies like Chifeng Gold, Western Gold, and Shandong Gold all rising collectively. The gaming sector also performed well, with giants like Giant Network and Shenzhou Taiyue leading the gains. However, stocks in the innovative pharmaceutical sector collectively fell in the morning, with Aoxiang Pharmaceutical hitting the limit down and Kexing Pharmaceuticals falling by more than 10%. Companies like Sle Medical, Shenlian Bio, and Dexin Health also followed suit. The performance of the photovoltaic and silicon energy sectors was also poor, with various companies like Juhua Materials, Daquan Energy, and Tongwei falling to different extents.