A-shares midday review: Shanghai Composite Index rises 0.22% at noon, with non-ferrous metals, chemicals, and other inflation-themed stocks collectively strengthening

The three major A-share indices experienced mixed movements in the morning session. By midday, the Shanghai Composite rose 0.22%, the Shenzhen Component Index fell 0.07%, the ChiNext Index dropped 0.91%, and the Beijing Securities 50 Index declined 0.06%. The combined half-day trading volume of the Shanghai, Shenzhen, and Beijing markets was 1,309.5 billion yuan, down 96.5 billion yuan from the previous day. Over 2,700 stocks in the entire market rose.

In terms of sectors and themes, non-ferrous metals, rare earth permanent magnets, chemical fibers, dyes, oil and gas exploration and services, solid-state batteries, computing power leasing, steel, papermaking, and electricity sectors led the gains; film and television cinemas, short drama games, education, CPO, high-speed copper cable connections, and photovoltaic equipment sectors saw the largest declines.

Market-wise, driven by price increases, sectors such as minor metals, rare earths, and chemicals collectively strengthened, with Zhangyuan Tungsten, Xianglu Tungsten, hitting new highs; Beiken Technology, Greenmei, Mebon Shares, and Jinniu Chemical all hit the daily limit-up. AI applications boosted demand for cloud computing, with the computing power leasing sector remaining active; Dawi Technology achieved three consecutive limit-ups. Additionally, sectors like solid-state batteries, steel, and port shipping experienced rotation within the session.

On the other hand, the previously surging film, short drama, and gaming sectors saw a collective pullback, with Hengdian Film & TV, Zhejiang Wenhua Film & TV closing at the limit-down, and Huayi Brothers and Huace Film & TV also falling sharply. The photovoltaic equipment sector continued to adjust, with Zerun New Energy and Shuangliang Energy-saving leading the declines.