Midday Update: China's Growth Enterprise Market Index rose by 0.69% in the first half of the day, with the water and electricity infrastructure sector experiencing another significant increase.

The three major indexes collectively rose in the morning session. As of noon, the Shanghai Composite Index rose by 0.25%, the Shenzhen Component Index rose by 0.56%, the ChiNext Index rose by 0.69%, and the CSI 50 Index rose by 0.73%. The total trading volume in Shanghai, Shenzhen, and Beijing exceeded 1.1589 trillion yuan in the morning session, an increase of 56.3 billion yuan from the previous day. Over 2,400 stocks in the entire market rose. In terms of sector themes, the leading gainers were the water and electricity, engineering machinery, precious metals, solid-state battery, and military equipment sectors; while the leading decliners were the bank, intelligent spectrum AI, paper packaging, and game sectors. Concept stocks related to water and electricity surged again, with several stocks like Xining Special Steel, Poly Union, and Gaozheng Civil Explosives hitting the limit up for two consecutive days. The solid-state battery sector strengthened during the session, with companies like Desun Technology and Haopeng Technology hitting limit up. The military equipment sector remained active, with stocks like Great Wall Military Industry hitting limit up again to create a new high, and companies like Northern Long Dragon and Xinyu Guoke leading in gains. Photovoltaic concept stocks continued to rise near noon, with Yijing Optoelectronics hitting limit up, and Daquan Energy and Tongwei Corporation continuing to rise. The bank sector performed poorly, with Xiamen Bank falling by over 4% during the session, and stocks like Chongqing Rural Commercial Bank, Zhejiang Commercial Bank, and Hangzhou Bank declining. Most intelligent spectrum AI concept stocks adjusted, with companies like Ulkede, Zhenyuan Wisdom, and Zhongke Jincai leading in declines.