Midday update: Shanghai Composite Index rose by 0.3% in the first half of the day, with pharmaceutical stocks showing collective strength.

The market rose in the morning and then fell back slightly, with the three major indexes rising slightly. The concept of diesel generators surged, with stocks like Quanchai Power and Taihao Technology hitting the limit up. Pharmaceutical stocks were strong, with stocks like Jimin Health and Shenlian Biology hitting the limit for more than ten stocks. CPO concept stocks continued to be strong, with Cambridge Technology hitting the limit up and Tianfutong Communication rising more than 10%. Hongmeng concept stocks rose in midday trading, with stocks like Chengmai Technology and Huasheng Tiancheng hitting the limit up. On the downside, the military industry sector adjusted, with Guangqi Technology falling over 5%. More stocks rose than fell, with over 3200 stocks in Shanghai, Shenzhen, and Beijing floating in the red, with a total turnover of 1.68 trillion yuan in the morning. The Shanghai Composite Index rose 0.3% at midday, the Shenzhen Component Index rose 0.3%, and the ChiNext Index rose 0.39%.