Midday report: The ChiNext Index rose slightly before falling back, increasing by 0.26%. The rare earth sector showed strength.

The three major indexes fluctuated higher. As of midday, the Shanghai Composite Index rose by 0.34%, the Shenzhen Component Index rose by 0.30%, and the ChiNext Index rose by 0.26%. However, the CSI 50 Index fell by 0.48%. The total trading volume in Shanghai, Shenzhen, and the STAR Market reached 1.0293 trillion yuan by midday, an increase of 118.3 billion yuan compared to the previous day. Over 3000 stocks fell in the entire market. In terms of sectors, rare earths, lithium mines, and military industries all saw gains, while innovative drugs and photovoltaics experienced adjustments. In particular, the rare earth sector saw across-the-board increases, with companies such as Jiuwu Hitech hitting the limit up, and Northern Rare Earth reaching its highest stock price in three years. The lithium mining sector continued to strengthen, with companies like Fumiao Technology and Shengxin Lithium Energy also hitting the limit up. The military industry sector rose, with Tianqin Equipment rising by over 12% and Construction Industry hitting the limit up. The innovative pharmaceutical sector experienced fluctuations and adjustments, with companies like Guangsheng Tang and Zhijiang Biotech falling by over 5%. The photovoltaic sector also experienced adjustments, with Yaming Dinxin falling by over 8%.