Midday Review: The Science and Technology Innovation 50 Index rose more than 3% in the morning, with the semiconductor and domestic computing power sectors showing a collective strength.

The three major indexes fluctuated in the morning, with the Shanghai Composite Index down 0.46%, the Shenzhen Component Index down 0.35%, the Growth Enterprise Index up 0.13%, the CSI 50 down 1.79%, and the ChiNext Index up 3.19% as of midday. The total market turnover was 1.7085 trillion yuan, a decrease of 7 billion yuan from the previous day, with over 4600 stocks falling across the market. In terms of sector performance, the oil and gas exploration and services, semiconductor, and film and television sectors were among the top gainers, while the energy metals, minor metals, precious metals, battery, grid equipment, phosphorus chemical, diamond cultivation, steel, tourism and hotel, and engineering machinery sectors were among the top losers. On the market, the escalation of Middle East tensions once again drove international oil prices significantly higher on the 8th, with most oil and gas stocks rising, including Tongyuan Petroleum Products hitting the limit up, followed by Potential Energy Trust and ST Intercontinental. Changxin Technology will commence subscriptions on July 16, with a collective uptrend in domestic computing power and semiconductor sectors, Shanghai Huajing and Huatian Technology achieving limit up, Mu Xi shares, Yoyen silicon, and Moore threads among the top gainers. On the other hand, the lithium mine, battery, and other new energy industry chains continued to fall, with Shengxin Lithium Energy, Rongjie Corporation, Tianci Materials, Dexin Technology, and Longpan Technology all falling to the limit down during the session. Various metal stocks also performed poorly, with Northern Rare Earth, China Minmetals Resources, and China Rare Earth Colors leading the decline. Additionally, the grid equipment, humanoid robot, and diamond cultivation sectors fluctuated downward.