Mid-session review: The ChiNext Index rose by 1.74% in the morning session, with shares in new energy sectors such as batteries and photovoltaic equipment experiencing explosive growth.

In the morning session, the three major A-share indexes collectively rose, with the Shanghai Composite Index up 0.05%, the Shenzhen Component Index up 0.85%, and the ChiNext Index up 1.74%. The ChiNext 50 Index rose 0.94%. The total turnover of the Shanghai and Shenzhen stock markets and the Beijing market reached 1.6815 trillion yuan by midday, an increase of 70.9 billion yuan from the previous day. Over 2,000 individual stocks rose across the market. In terms of sector themes, the battery, photovoltaic equipment, titanium dioxide, PET copper foil, phosphorus chemical, electricity, fiber optic, brain-machine interface, and coal mining and processing sectors were the top gainers. Military equipment, non-ferrous metals, precious metals, semiconductors, and domestic aircraft carrier sectors were among the top decliners. On the market, new energy stocks such as batteries and photovoltaic equipment surged, with Penghui Energy and Sunshine Power both rising more than 10% midday, and Ningde Times' stock price surpassing 400 yuan. Institutions previously stated that Ningde Times' production capacity utilization rate is at a historical high, and there is an urgent demand for lithium battery equipment. The fiber optic market continued to improve, with institutions indicating that the trend of price increases exceeded expectations, driving renewed activity in fiber optic concept stocks, with Changfei Fiber Optics hitting a new high again. In addition, there was rotation in sectors such as titanium dioxide, cultivated diamonds, and phosphorus chemicals. On the other hand, most of the military industry sector experienced a pullback, with Aero Engine Technology and Jieqiang Equipment leading the decline. The non-ferrous metals sector also saw adjustments, with China Rare Earth, Chinese Rare Earth, and Xianglu Tungsten all falling.