Midday Update: Shanghai Composite Index fell slightly by 0.1% in the morning, with the logistics and unified large market sectors experiencing a collective surge.

The three major indexes fell collectively in the morning session. As of midday, the Shanghai Composite Index fell by 0.1%, the Shenzhen Component Index fell by 0.26%, the Growth Enterprise Index fell by 0.32%, and the Beizheng 50 Index rose by 0.06%. The total turnover of Shanghai, Shenzhen, and Hong Kong markets reached 1.4981 trillion yuan by noon, a decrease of 26.6 billion yuan from the previous day. Over 2300 individual stocks in the market fell. In terms of sector themes, logistics, unified big markets, robotics, auto parts, and TikTok concept stocks led the gains; non-ferrous metals, pork farming, film theaters, rare earth permanent magnets, and battery concept stocks led the declines. On the market, the logistics and unified big markets sectors surged collectively, with Xin Ning Logistics up by the daily limit, and Supply and Sales Grand Market, Feima International, Jushen Shares, and other stocks also hitting the limit. The auto parts sector continued to be active, with Rong Sheng Electronics, Changyuan Donggu, and Riying Electronics among the stocks that hit the daily limit. TikTok concept stocks rose at the beginning of the market, with many stocks like Online and Offline, Beauty and Cosmetics, and Shengguang Group hitting the limit. Pork stocks saw significant adjustments in the morning, with Tianyu Biology hitting the limit, and Juxing Farming and Aonong Biology following the decline. The non-ferrous metal sector opened high and dropped back, with Yuguang Gold and Lead, Huaxi Nonferrous Metals, and Zhongtung High-Tech leading the declines.