A-shares midday review: Shanghai Composite Index opens higher, fluctuates, and rises 1.36%; over 4,300 stocks in the entire market are up

As of the midday trading, the Shanghai Composite Index rose by 1.36%, the Shenzhen Component Index increased by 1.2%, the ChiNext Index gained 1.18%, and the Beijing 50 Index rose by 1.99%. The total market turnover was 1,333.6 billion yuan, a decrease of 5.9B yuan compared to the previous day’s turnover.
In terms of sectors and themes, innovative drugs, components, and photovoltaic equipment sectors led the gains; the rail transit equipment sector saw the largest decline.
In the market, the innovative drug sector continued to strengthen, with Guangsheng Tang and Ruizhi Medical hitting the 20% daily limit and being locked in, while Aidi Pharmaceutical, Chengda Pharmaceutical, and several other stocks rose over 10%, with Peking University Medical and Yibai Pharmaceutical hitting the daily limit. The component sector strengthened, with Chuanjian Intelligent and Jingsai Technology rising over 10%, and Zhongjing Electronics hitting the daily limit. The photovoltaic equipment sector experienced a sudden surge, with Laplace hitting the 20% daily limit, and Guosheng Technology also hitting the daily limit. The rail transit equipment sector opened high but declined, with Jiao Da Iron and Steel falling over 8%, and Tongye Technology and Riyue Ming dropping over 7%.