Mid-morning market update: ChiNext Index rises nearly 2% in the first half of the day, with PEEK materials and lithium mining sectors leading the gains in the overall market.

In the morning session, the index collectively strengthened, with the ChiNext Index rising nearly 2% at midday. In terms of sectors, PEEK material concept stocks led the gains, with Shuangyi Technology and Chaojie Stock both hitting their daily limit up of 20cm; lithium mining concept stocks rose collectively, with Shengxin Lithium Energy and Tianqi Lithium Industry hitting their limit up during trading; approaching midday, CPO concept stocks surged, with Weilgao hitting its limit up of 20cm; on the downside, the gold concept stocks were weak and fluctuating, with Wushang Group leading the declines; bank stocks weakened, with Zheshang Bank and Pufa Bank leading the declines; electric power stocks continued to pull back, with Huayin Electric Power and Leshan Electric Power leading the declines. Overall, individual stocks showed a general upward trend, with over 4200 stocks rising. As of the midday close, the Shanghai Composite Index was at 3653.50 points, up 0.51%; the Shenzhen Component Index was at 11293.25 points, up 1.48%; and the ChiNext Index was at 2380.29 points, up 1.99%. On the market, PEEK materials, energy metals, and component sectors led the gains, while precious metals, shipbuilding, and banking sectors led the declines.