A-share midday review: ChiNext Index surged 2.22%, hitting a three-year high; total market turnover exceeded 2 trillion yuan in half a day
The three major A-share indices all rose in the morning session. By midday, the Shanghai Composite Index rose 0.86%, the Shenzhen Component Index rose 1.61%, the ChiNext Index rose 2.22%, and the Beijing Stock Exchange 50 Index fell 0.21%. The three stock exchanges in Shanghai, Shenzhen, and Beijing had a half-day trading volume of 2.1019 trillion yuan, a 571.3 billion yuan increase from the previous day. Over 2,800 stocks rose across the board. Among the sectors, rare earth and nonferrous metals, AI hardware, liquor, real estate, and wind power equipment led the gains, while beauty care, apparel, and automobile sectors lagged behind. AI hardware stocks surged again in the morning session, with Cambrian rising above 1,300 yuan, Haiguang Information's market capitalization exceeding 500 billion yuan, and Xinyi Sheng and Zhongji Xuchuan rising over 10% intraday to new highs. The rare earth and nonferrous metals sector surged across the board, with stocks such as Jinli Permanent Magnet, Northern Rare Earth, and Sinosteel Tianyuan hitting their daily limit. The real estate sector rebounded, with Vanke A hitting its daily limit and Wantong Development hitting its third consecutive limit. Liquor stocks also strengthened, with Shede Wine hitting its daily limit, followed by Shuijingfang and Shanxi Fenjiu. Market turnover climbed rapidly in early trading, exceeding 2 trillion yuan in half a day.