A-share midday review: ChiNext Index fell 1.25% in half a day, while power and cross-border payment sectors strengthened against the market trend
The three major A-share indices fell collectively in the morning trading. As of noon, the Shanghai Composite Index fell 0.21%, the Shenzhen Component Index fell 0.7%, the ChiNext Index fell 1.25%, and the Beijing Stock Exchange 50 Index fell 0.96%. The market's half-day turnover was 783 billion yuan, a decrease of 95.7 billion yuan from the previous day. More than 2,200 stocks fell in the market. In terms of sector themes, the CSSC, cross-border payment, diversified finance, real estate, electricity, and football sectors led the gains; CPO, diet pills, energy metals, and humanoid robot concept stocks led the declines. On the market, the power sector rose collectively, Huayin Power hit 4 boards in 5 days, and Shaoneng Shares and New China Port hit 2 consecutive boards. The real estate sector rose in the morning, and stocks such as Chongqing Development, Shahe Shares, and Nanshan Holdings hit the daily limit. Cross-border payment, diversified finance, and digital currency concept stocks fluctuated higher during the session, and many stocks of Xinyada, Beijing North, and Qingdao Kingwang hit the daily limit. Football concept stocks performed actively, and Gongchuang Lawn and Shuangxiang Shares both hit the daily limit. CPO concept stocks collectively adjusted, Zhongji Xuchuan, Tianfu Communication, and Dekeli fell more than 4%. Weight loss drug concept stocks rose and fell, Sinovac fell more than 8%, Yipinhong, Kailaiying, and Ganli Pharmaceuticals followed suit. 6G and communication sectors fluctuated downward, Yaguang Technology fell more than 9%, Longsheng Technology and Ruijie Networks fell the most.