A-Share Midday Review: Indexes Open Higher Then Retreat in Divergent Trends; Film and Cinema Sector Defies Market Downturn
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Author:小编   

On November 13, the three major A-share indexes opened collectively higher before quickly reversing course, maintaining a volatile downward trend. The Shanghai Composite held slight gains while the Shenzhen Component and ChiNext came under pressure, showing divergent performance across the boards. By the midday close, the Shanghai Composite was up 0.22%, the Shenzhen Component had fallen 0.56%, and the ChiNext Index had dropped 1.47%. Half-day turnover across the Shanghai and Shenzhen markets totaled 979.4 billion yuan, with more than 2,900 stocks declining. Sector-wise, film and cinema stocks bucked the broader market trend, with several names—including Omnijoi, Hengdian Entertainment, and Jinyi Film—hitting the daily limit up, while Ruyi Films, Bona Film Group, and Huazhi Digital Media also advanced. The computing power chip sector opened high but drifted lower: Tianpu Shares posted a fourth consecutive limit-up, Xuanji Information touched the 20% limit-up intraday, Huadong Heavy Machinery hit the limit up, and Enflame Technology, Moore Threads, and Cambricon surged before pulling back. The banking sector saw active trading, with Bank of Jiangsu, Bank of Nanjing, Bank of Qingdao, and Bank of Chengdu all reaching record highs. The CPO sector moved broadly lower, with Kexiang Shares, Lianxun Instruments, T&S Communications, and Sinosteel Technology among the decliners.