Midday report: Shanghai Composite Index rose temporarily before sliding back, dropping by 0.17%. PCB sector showed strength.

date
28/07/2025
The three major indexes rose and then fell back, with the Shanghai Composite Index falling by 0.17%, the Shenzhen Component Index falling by 0.16%, the ChiNext Index rising by 0.10%, and the Belt and Road 50 Index falling by 0.38% by midday. The total turnover of the Shanghai, Shenzhen, and Beijing markets reached 1.137 billion yuan in the morning, an increase of 14.6 billion yuan from the previous day. More than 3,000 stocks in the entire market fell. In terms of sectors, the PCB, film and television, and PEEK material sectors rose, while the coal and steel sectors adjusted. On the market, the PCB sector rose across the board, with Fangbang shares rising by the daily limit of 20%, Shenghong Technology rising by more than 11%, Xingsen Technology and Junya Technology also rising by the daily limit. The film and television sector strengthened, with Xingfu Blue Ocean rising by the daily limit of 20%, and China Film rising by the daily limit. The PEEK material sector rose, with Zhongxin Fluoromaterials rising by the daily limit, Mingyang Technology and Chaojie shares rising by more than 14%. The coal sector adjusted, with Zhengzhou Coal Power and Shanxi Coking Coal falling by more than 5%. The steel sector oscillated at a low level, with Liugang shares falling by more than 8%.