Midday Report: The Science and Technology Innovation 50 Index fell by 5.38% in the first half of the day, with significant adjustments in military industry and computing hardware stocks.

The three major indexes collectively fell in the morning session, as of midday, the Shanghai Composite Index fell by 1.97%, the Shenzhen Component Index fell by 2.37%, and the ChiNext Index fell by 3.2%. The CSI 50 Index rose by 0.58%. The total turnover of the Shanghai, Shenzhen, and Hong Kong markets reached 1.6187 trillion yuan in the morning session, an increase of 146.5 billion yuan compared to the previous day. Over 2600 stocks in the entire market fell. In terms of sectors, the retail, tourism and hotel, photovoltaic energy storage, and paper sectors were the top gainers; while the CPO, semiconductor, precious metals, military equipment, and non-ferrous metals sectors were the top losers. On the market, CPO and semiconductor hardware stocks collectively fell, with companies such as Hanwei Semiconductor, ASIC International, New Easy Sheng, T&F Communication, and Taichen Guang falling by more than 10% during the trading session. The military equipment sector saw a major adjustment, with Changcheng Military, Construction Industry, and Inner Mongolia Yiji all hitting the limit down. The non-ferrous metals sector also performed poorly, with companies like Silver Nonferrous and Luoyang Molybdenum Industry hitting the limit down. The consumer goods sectors such as retail, tourism, and food showed strength against the market trend, with companies like Lingnan Holdings, Bubugao, Guofang Group, and Anji Food all hitting the limit up during the trading session. The battery and energy storage sectors were active, with companies like Tianji Energy, Zhengye Technology, and Tongrun Equipment all hitting the limit up. The paper sector also performed well, with Jingxing Paper Industry hitting the limit up.