A-share midday review: Shanghai Composite Index fell 0.68% from a low level, with AI software and hardware showing strength across the board
The three major A-share indices saw mixed gains and losses. As of midday close, the Shanghai Composite Index fell 0.68%, the Shenzhen Component Index fell 0.45%, the ChiNext Index rose 0.43%, and the Beijing Stock Exchange 50 Index rose 0.12%. The total trading volume of the three stock markets in Shanghai, Shenzhen, and Beijing reached 1.1578 trillion yuan, a 55.6 billion yuan increase from the previous day. Over 3,400 stocks in both markets declined. Among the sectors, Zhipu AI, liquid-cooled servers, and assisted reproductive technology rose, while the steel and coal sectors adjusted. Zhipu AI saw strong gains amidst fluctuations, with Yidian Tianxia hitting its 20cm limit. The liquid-cooled server sector saw gains across the board, with Siquan New Materials hitting its 20cm limit, and Invice and Chunzhong Technology hitting their limit-up limits. The assisted reproductive technology sector continued to strengthen, with Gongtong Pharmaceutical hitting its 20cm limit-up, and Hanshang Group hitting its limit-up limits. The steel sector adjusted, with Chongqing Steel falling over 5%. The coal sector fell across the board, with all stocks in the sector in the red, with Antai Group falling over 5%.