Midday update: The ChiNext Index fell by 0.88% in the first half of the day, while the innovative pharmaceutical sector strengthened against the market trend.

The three major indices fell collectively in early trading, with the Shanghai Composite Index down 0.31%, the Shenzhen Component Index down 0.75%, and the ChiNext Index down 0.88% by midday. The BeiZo 50 Index rose 0.24%. The total market turnover in the first half of the day was 771.6 billion yuan, an increase of 12.1 billion yuan from the previous day. Over 4100 individual stocks in the market were trading higher. In terms of sector themes, the leading sectors were innovative drugs, aquaculture, and brain-machine interface, while the controllable nuclear fusion and humanoid robot sectors were among the top decliners. In terms of sector performance, the innovative drug sector led the gains, with stocks such as Ruizhi Medicine, Hainan Haiyao, Hasun Pharmaceutical, and Huasen Pharmaceutical all hitting their daily limit up. Shutaishen surged over 15%. The aquaculture sector also performed well, with stocks like Juxing Farming and Xiangjia shares hitting their daily limit up. The digital currency concept remained active, with Hengbao Shares and Hailian Golden Union hitting the daily limit up. The controllable nuclear fusion concept saw the largest declines, with stocks like Wangzi New Materials and Rongfa Nuclear Power hitting their daily limit down, while Zhongzhou Special Materials and Hahan Huatong fell by over 10%. High-priced stocks collectively plummeted, with Yofu Shares, Shangwei Shares, Yongan Pharmaceuticals, and Zhongchao Holdings all falling by more than 8%.