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The market opened with a trend of volatile upward movement in the morning, but retreated modestly just before noon. At midday, the Shanghai Composite Index edged up 0.07%, the Shenzhen Component Index advanced 0.56%, and the ChiNext Index surged ahead by a significant 1.26%. Notably, the semiconductor sector shone brightly, with SMIC soaring over 13% and multiple stocks hitting their daily upper limits. Furthermore, sectors like satellite internet, glass fiber, banking, and AI chips also exhibited robust performance. Conversely, sectors such as education, pharmaceuticals, and real estate services experienced declines. The overall market remained vibrant, with morning trading volume reaching a robust 1.8 trillion yuan and over 1,100 individual stocks closing in the green.
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