During the morning session, major funds saw a net inflow into sectors such as electronics and power equipment, while witnessing a net outflow from the communication, food and beverage, and other sectors. At the individual stock level, SMIC, ASE Technology Holding, and Northern Microelectronics recorded net fund inflows exceeding RMB 600 million. Conversely, Zhongji Xuchuang, Hengbao Co., Ltd., and Cambrian Innovation-U experienced net outflows exceeding RMB 100 million.