Midday Review: The ChiNext Index rose 0.26% after hitting a high, with the rare earth sector strengthening

The three major indices fluctuated and rose. As of the midday break, the Shanghai Composite Index rose by 0.34%, the Shenzhen Component Index rose by 0.30%, the ChiNext Index rose by 0.26%, and the Beijing Stock Exchange 50 Index fell by 0.48%. The total transaction amount in the Shanghai, Shenzhen, and Beijing markets reached 1,029.3 billion yuan, an increase of 118.3 billion yuan compared to the previous day. Over 3,000 stocks in the entire market declined. In terms of sectors, rare earths, lithium mining, and military industries rose, while innovative drugs and photovoltaic sectors adjusted. On the market, the rare earth sector rose across the board, with JiuWu Hi-Tech hitting the daily limit, ORIENT ZIRCONIC and Huahong Technology also hitting the daily limit, and Northern Rare Earth reaching the daily limit, with its stock price hitting a three-year high. The lithium mining sector continued to strengthen, with Feymer hitting the daily limit, and Shengxin Lithium Energy and Jinyuan Co., Ltd. also hitting the daily limit. The military sector rose, with Tianqin Equipment increasing by over 12%, and Construction Industry hitting the daily limit. The innovative drug sector experienced fluctuations and adjustments, with Guangshengtang and Zhijiang Biotechnology falling by over 5%. The photovoltaic sector adjusted, with Yamaton falling by over 8%