Midday Report: The Shanghai Composite Index opened lower and continued to fall, dropping 0.73% by midday. The sectors of film and television theaters, cultural media, and software development were among the biggest decliners.

The three major A-share indexes fell collectively in the morning session. As of midday, the Shanghai Composite Index fell by 0.73%, the Shenzhen Component Index fell by 1.32%, the ChiNext Index fell by 1.79%, the Bei50 Index fell by 3.09%, and the Sci-Tech Innovation 50 Index fell by 1.05%. The total market turnover was 1.6099 trillion yuan, a decrease of 137.9 billion yuan from the previous day, and over 4500 stocks in the entire market fell. In terms of sector themes, the electronic chemicals, small metal, lithography, semiconductor, and fluorine chemical sectors led the gains. The film and television, cultural media, software development, motor, and gaming sectors led the declines. On the market, the small metal sector showed strong fluctuations, with stocks like Xianglu Tungsten, Zhangyuan Tungsten, and Jinduicheng all hitting the limit up, and Yunnan Germanium, Oriental Tantalum, Xiamen Tungsten, and Zhongtung High-tech leading the gains. The electronic chemicals sector performed strongly, with Puyang Huicheng, Xingfu Electronics 20cm hitting the limit up, and Huata Gas, Zhongjuxin, and Fangbang Holdings leading the gains. The lithography sector opened low and rose, with Juguang Technology, Jiangfeng Electronics, and Xuguang Electronics hitting the limit up, and Fugang Holdings, Kaimai Tech Gas, and Zhongshiptech leading the gains. The film and television sector continued to decline, with Hengdian Studio, Beijing Culture touching the limit down, and Jetson Shares, Banavision, and Zhongshi Media leading the declines. The cultural media sector also performed poorly, with Fantuo Sichuang touching the 20cm limit down, and Rongxin Culture, Gravity Media, and Yue Chuan Media among many stocks hitting the limit down.