Midday update: the ChiNext index opened low and fell by 2.2%, with over 3900 individual stocks across the market experiencing a decline.

As of midday, the Shanghai Composite Index fell by 0.58%, the Shenzhen Component Index fell by 1.37%, the ChiNext Index fell by 2.2%, and the BeiZi 50 Index fell by 0.27%. The total market turnover was 1.7397 trillion yuan, a decrease of 222.7 billion yuan from the previous day. In terms of sector themes, the energy metals, semiconductor, and fertilizer sectors had the highest increase, while the oil and gas, CPO, and precious metals sectors had the highest decrease. The energy metals sector saw a significant increase, with Rongjie Shares hitting the limit up, Shengxin Lithium Energy and Yongxing Materials both rising by over 5%. The semiconductor sector showed a volatile uptrend, with Fuhuawei Micro 20CM hitting the limit up and Jiehua Te having over a 10% increase. Youxun Shares and Haiguang Information both rose by over 9%. The spending sector saw a volatile increase, with Tianhe Shares hitting the limit up. The oil and gas sector continued to weaken, with Guanghui Energy nearing the limit down, Quanyou Oil and Tongyuan Petroleum both falling by over 6%. The CPO sector showed a volatile decline, with Xinyisheng falling by over 12%, Zaochi Shares hitting the limit down, and Tianfutongxin falling by nearly 10%. The precious metals sector continued to weaken, with all stocks in the sector showing decreases, including Hunan Silver, Zhongjin Gold, and Chifeng Gold falling by over 3%.