Midday Report: Shanghai Composite Index fluctuated narrowly and rose by 0.35%, hitting a ten-year high. Cross-border payment sector strengthened.

The three major indexes collectively closed higher, with the Shanghai Composite Index up 0.35%, the Shenzhen Component Index up 0.45%, and the ChiNext Index up 0.21% by midday. The CSI 50 Index fell 0.96%. The total trading volume in Shanghai, Shenzhen, and Beijing markets reached 1.5912 trillion yuan by midday, an increase of 56.2 billion yuan compared to the previous day. Over 2500 stocks in the market rose. In terms of sectors, the cross-border payment, oil and gas exploration and services, and combustible ice sectors rose, while the PCB concept and liquid cooling server sectors adjusted. Cross-border payment sector strengthened, with Sunline Trust and New Morning Technology both hitting the daily limit. Oil and gas exploration and services sector rose, with Huaiyou Shares closing at the limit up. The combustible ice sector strengthened, with New Jin Power and Shenzhen Shares up more than 8%. The PCB concept weakened, with Chongda Technology approaching the daily limit down. The liquid cooling server sector weakened, with Tenglong Shares and Jintian Shares hitting the daily limit down.