A-share midday review: ChiNext Index fell 2.9% in the first half of the day, computing power hardware stocks collectively adjusted
The three major A-share indices all fell in early trading. By midday, the Shanghai Composite Index fell 0.79%, the Shenzhen Component Index fell 2.21%, the ChiNext Index fell 2.9%, and the Beijing Stock Exchange 50 Index fell 1.28%. The three stock exchanges in Shanghai, Shenzhen, and Beijing had a half-day trading volume of 1.9304 trillion yuan, an increase of 84 billion yuan from the previous day. Over 4,400 stocks across the market declined. Computing hardware, military equipment, consumer electronics, and digital currency stocks led the declines, while precious metals, banks, and travel and hotel sectors performed relatively well. AI computing stocks, such as CPO, copper cable high-speed connections, and PCBs, weakened during the session. Cambridge Technology hit its lower limit, while Huafeng Technology, Dekeli, and Ruijie Networks plummeted by over 10%. The military equipment sector continued its decline, with Maixinlin, Aerospace Huanyu, and Philihua leading the decline. Blockchain and digital currency stocks also performed poorly, with Sinopec Capital, Eastcom Peace, and Zhongke Jincai all hitting their lower limit. Gold stocks performed relatively strongly, with Baiyin Nonferrous Metals, Laisen Tongling, and Western Gold hitting their daily limit. The banking sector rebounded, with Chongqing Rural Commercial Bank, Qilu Bank, and China Merchants Bank all rising.