In the morning trading session, the three major A-share indices exhibited a mixed performance. The Shanghai Composite Index dipped by 0.4%, while the Shenzhen Component Index saw a marginal uptick of 0.05%. Notably, the ChiNext Index surged ahead with a 0.89% gain, contrasting with the slight 0.03% decline in the Beijing 50 Index. Trading volume on the Shanghai and Shenzhen stock exchanges reached approximately RMB 1,239.903 billion, marking a decrease of about RMB 128.167 billion from the previous trading day.

By midday, the market sentiment was reflected in the stock performance, with 2,557 stocks advancing and 2,783 retreating. A total of 46 stocks hit their daily upward limit, while 11 touched the daily downward limit. Leading the charge were memory chips, CPO (Co-Packaged Optics), and other computing hardware stocks, which posted significant gains. Conversely, sectors such as oil and gas exploration and services, along with glyphosate, faced notable declines.

The AI industry chain demonstrated overall robust activity, particularly in the memory chip sector and computing hardware stocks like CPO, which rebounded strongly. In contrast, chemical and oil and gas stocks underperformed during the early trading hours, reflecting a divergent market landscape.