Midday Review: The index opened low and fell, with the ChiNext Index falling more than 1% in the first half of the day. The concept of consumer goods defied the trend and surged.

The index opened lower in the morning and continued to decline, with the ChiNext and the Shenzhen Component Index both falling more than 1% in the first half of the day. In terms of sectors, the beauty and healthcare concept surged, with Bawei shares hitting the daily limit up by 30cm, and Jieya shares up by 20cm; the port and shipping concept continued to rise, with stocks such as Lianyungang Port, Nanjing Port, and Ningbo Shipping hitting the daily limit up; agricultural stocks were active collectively, with the grain sector leading the gains, with Chuanning Biology hitting the daily limit up by 20cm; the AI intelligent body concept weakened, with Hongjing Technology leading the decline; the liquid-cooled server concept followed the decline, with Kehua Data and Oulutong leading the decrease; military stocks continued to adjust, with Tianjian Technology and Huaru Technology leading the decline. Overall, more stocks fell than rose, with over 3600 stocks falling. By midday closing, the Shanghai Composite Index was at 3389.75 points, down 0.42%; the Shenzhen Component Index was at 10238.63 points, down 1.12%; and the ChiNext was at 2055.06 points, down 1.35%. On the market, the beauty and healthcare, China-South Korea Free Trade Zone, and NMN concept sectors were at the forefront of the gains, while Huawei Pangu, Zhipu AI, and software development sectors were at the forefront of the declines.