On the morning of August 12th, the stock market exhibited an upward oscillating trend, with the STAR 50 Index soaring by over 2%. Trading volume on the Shanghai and Shenzhen Stock Exchanges amounted to 1.38 trillion yuan during the morning session, marking a 137.5 billion yuan decrease from the previous trading day. Notably, more than 3,600 stocks witnessed an increase.
Active sectors included CPO, optical fiber, AI applications, computing power leasing, pharmaceuticals, brain-computer interfaces, and semiconductor equipment, with numerous stocks reaching their daily limit. Conversely, the oil and gas concept sector underwent volatile adjustments.
By midday, the Shanghai Composite Index had risen by 0.32%, the Shenzhen Component Index by 1.25%, and the ChiNext Index by a notable 1.73%.