Afternoon review: The CHINEXT index rose 0.89% in half a day, with storage chips, CPO and other computing power hardware stocks rising collectively.

In early trading, the three major A-share indexes were mixed. As of midday, the Shanghai Composite Index fell by 0.4%, the Shenzhen Component Index rose by 0.05%, the ChiNext Index rose by 0.89%, and the SSE 50 Index fell by 0.03%. The total trading volume in Shanghai, Shenzhen, and Hong Kong markets was 1.2495 trillion yuan in the morning session, a decrease of 128.4 billion yuan compared to the previous day. Over 2500 stocks in the entire market went up. In terms of sectors and themes, stocks in storage chips, CPO, computing power leasing, liquid cooling servers, data security, and PCB led the gains in tech hardware stocks. On the other hand, stocks in oil and gas exploration and services, glyphosate, grain concepts, liquor, phosphate chemicals, and epoxy propane had the biggest losses. On the market, storage chip stocks rose collectively influenced by the rise of US storage chip giants in overnight trading. The storage chip sector soared, with Biwin Storage rising more than 10% to hit a new high. Stocks like China Electronics Holdings and Chengbang Holdings hit the daily limit. Computing power hardware stocks like CPO and liquid cooling servers rebounded collectively, with Tianfutongxin, New Yisheng, and Gaolan Shares leading the gains. Additionally, AI industry chain sectors such as computing power leasing and cloud computing showed active performance in different directions. On the other hand, multiple chemical stocks like fertilizers and epoxy propane fell in early trading, with companies like Luxi Chemical and Qingshuiyuan leading the declines. Oil and gas stocks followed the downward trend of oil prices, with Intercontinental Oil & Gas, Zun Oil, and Beacon Energy leading the sector down.