Midday Report: Shanghai Composite Index opened high with a 1.36% increase, with over 4300 individual stocks in the entire market also rising.

As of midday, the Shanghai Composite Index rose by 1.36%, the Shenzhen Component Index rose by 1.2%, the ChiNext Index rose by 1.18%, and the SSE 50 Index rose by 1.99%. The total market turnover was 1.336 trillion yuan, a decrease of 59 billion yuan compared to the previous day. In terms of sector themes, the pharmaceutical innovation, component, and photovoltaic equipment sectors performed well, while the rail transit equipment sector saw declines. On the market, the pharmaceutical innovation sector continued to strengthen, with Guangshengtang and Ruizhi Pharmaceuticals both hitting the daily limit up, and stocks such as Adi Pharmaceuticals and Chengda Pharmaceuticals rose by over 10%, with Beida Pharmaceuticals and Yibai Pharmaceuticals hitting the daily limit up. The component sector performed strongly, with Benchuan Intelligent, Jinsai Technology rising by over 10%, and Zhongjing Electronics hit the daily limit up. The photovoltaic equipment sector saw abnormal price increases, with Laplace 20CM hitting the daily limit up and Guosheng Technology hitting the daily limit up. The rail transit equipment sector opened high and then declined, with CRRC falling by over 8%, while Tongye Technology and Riyueming fell by over 7%.