A-Share Midday Review: ChiNext Index Up 1.74% at Midday, Battery, Photovoltaic Equipment and Other New Energy Track Stocks Surge

The three major A-share indices all rose collectively in the morning session. By midday, the Shanghai Composite Index increased by 0.05%, the Shenzhen Component Index rose by 0.85%, the ChiNext Index gained 1.74%, and the Beijing Stock Exchange 50 Index was up by 0.94%. The combined half-day trading volume of the Shanghai, Shenzhen, and Beijing markets reached 16.815 billion yuan, an increase of 709 million yuan compared to the previous day. Over 2,000 stocks in the entire market rose.

In terms of sectors and themes, the leading gainers included batteries, photovoltaic equipment, titanium dioxide concepts, PET copper foil, phosphates, electricity, optical fiber concepts, brain-computer interfaces, and coal mining and processing sectors. The sectors with the largest declines were military equipment, small metals, precious metals, semiconductors, and domestically produced aircraft carriers.

On the market, new energy stocks such as batteries and photovoltaic equipment surged. Penghui Energy and Sungrow Power Supply both jumped over 10% during trading, and CATL’s stock price surpassed 400 yuan. Previously, institutions stated that CATL’s capacity utilization rate was at a historical high, with urgent demand for lithium battery equipment. The optical fiber sector continued to improve, with institutions indicating that the price increase trend exceeded expectations, driving repeated activity in optical fiber concept stocks. Long Fiber Optic once again hit a new high.

Additionally, sectors such as titanium dioxide, cultivated diamonds, and phosphates rotated. On the other hand, most military sector stocks retreated, with AVIC Science & Technology and Jiexing Equipment leading the decline. The small metals sector also saw adjustments, with China Rare Earth, Xianlu Tungsten, and other companies experiencing declines.