The three major A-share indices fell collectively in the morning trading. As of midday, the Shanghai Composite Index fell 0.1%, the Shenzhen Component Index fell 0.66%, the ChiNext Index fell 0.68%, and the Beijing Stock Exchange 50 Index fell 2.8%. The market's half-day turnover was 780.1 billion yuan, down 9.1 billion yuan from the previous day. More than 4,100 stocks fell in the market. In terms of sector themes, PEEK materials, beauty care, pet economy, electricity, banking, and chemical pharmaceutical sectors led the gains; new stocks, AI applications, computing power, and data element sectors led the declines. On the market, the power sector rose in the morning, with Huayin Power, Xichang Power, Chendian International, and Shaoneng shares hitting the daily limit. Pet economy concept stocks rose during the session, with China Pet Foods and Guaibao Pets hitting record highs, and Tianyuan Pets, Luss Pets, and Yuanfei Pets all rising sharply. Innovative drugs and chemical pharmaceutical sectors also performed actively in the morning, with Jinkai Biosciences, Hehua Co., Ltd., Kailaiying, and Lingkang Pharmaceuticals hitting the daily limit. Newly listed stocks performed poorly in the early trading session, with Gangdi Technology falling more than 10%, Jialiqi, Tianhe Magnetic Materials, and Honggong Technology all falling. AI application and computing power concept stocks also lagged behind, with Xingguang shares hitting the limit, and Xinkaipu, Xin Guodu, and Xinzhi Software leading the decline.