A-shares midday review: the STAR 50 Index rose by 2.48%, with active performance in semiconductor wafer manufacturing and advanced packaging segments

Mars Finance News: On June 24, the three major A-share indices showed mixed performance in early trading. By the end of midday trading, the Shanghai Composite Index was down 0.25% to 4,096.14 points, the Shenzhen Component Index was up 0.33%, the ChiNext Index was up 0.42%, the CSI 50 was down 0.29%, and the STAR 50 Index was up 2.48%. The total market turnover was 20,998 billion yuan, down 236 billion yuan from the previous day, and more than 4,400 stocks across the market declined.

On the market, TSMC drove an increase in the prices of advanced processes, and the semiconductor wafer manufacturing and advanced packaging segments performed actively. Huisheng Co., Ltd. hit the 20cm daily limit. Huahong Hongli, SMIC, and Changdian Technology led the gains. The lithium mining sector surged during the session: Yongshan Lithium hit the daily limit, and Rongjie Co., Ltd. and Shengxin Lithium Energy followed higher. Bernstein expects that by 2027, lithium prices could reach $32,500 per ton. In addition, the fluorochemical, CRO, and upstream PCB directions also performed well.

On the other hand, the film and cinema circuit sector fell sharply in early trading. China Film hit the daily limit down, while Beijing Culture and Xingfu Blue Ocean led the declines. The coal sector also underperformed, with Dayou Energy hitting the daily limit down; Zhengzhou Coal & Electricity and Yunmei Energy also fell significantly. In addition, the Tonghuashun micro-cap stock index performed poorly, dropping more than 4% during the session. (Kegu Bao Broadcast)