Midday Report: The Science and Technology Innovation 50 Index rose 2.48% in the morning, with Advanced Packaging and PCB upstream sectors leading the gains.

In the morning session, the three major A-share indexes fluctuated, with the Shanghai Composite Index down 0.25% and the Shenzhen Component Index up 0.33%, the ChiNext Index up 0.42%, the northbound 50 down 0.29%, and the Kechuang 50 Index up 2.48% by midday. The total turnover of the whole market was 2.0998 trillion yuan, with a decrease of 236 billion yuan compared to the previous day, and more than 4400 stocks in the whole market fell. In terms of sector themes, energy metals, components, semiconductors, airport aviation, CRO concepts, and fluorine chemical concept stocks performed well; while film and television chains, education, tourism and hotels, coal mining and processing, real estate, diversified finance, planting and forestry, and short drama game sectors performed poorly. In terms of the market, TSMC has driven up prices for advanced processes, semiconductor wafer manufacturing, and advanced packaging sectors are active. Huicong shares rose by the daily limit, while Huahong Microelectronics, SMIC, and Longi Technology were among the top gainers. The lithium ore sector rose during the trading session, with Voltaic Lithium hitting the daily limit, Rongjie shares and Shengxin Lithium Energy following suit. Bernstein predicts that lithium prices could reach $32,500 per ton by 2027. In addition, the fluorine chemical, CRO, and PCB upstream directions also performed well. On the other hand, the film and television chain sector plummeted in the morning session, with China Film hitting the limit down, and Beijing Culture and Happiness Blue Ocean leading the decline. The coal sector also performed poorly, with Datang Energy hitting the limit down, and Zhengzhou Coal Power and Yunmei Energy also experiencing significant declines. In addition, the Tonghuashun Micro Stock Index performed poorly, falling more than 4% during the session.