July 16th Midday Review: The ChiNext Index rose 0.36% in half a day, and robotics concept stocks strengthened again

Wallstreetcn
2025.07.16 03:30

The market experienced fluctuations in the morning, with the Shanghai Composite Index slightly adjusting and the ChiNext Index rising and then falling. Robot concept stocks strengthened again, with Swancor Advanced Materials, Tech-long, and Zhejiang Rongtai among several stocks hitting the daily limit. Pharmaceutical stocks were active, with Rundu Pharma, Lishengpharma, and Qianhong Bio-pharma also hitting the daily limit. On the downside, financial stocks such as banks and insurance companies declined, with Xiamen Bank dropping nearly 4%. More stocks rose than fell, with over 3,500 stocks in the Shanghai, Shenzhen, and Beijing markets in the green, and a total turnover of 926.4 billion in the morning session. At the midday close, the Shanghai Composite Index fell by 0.12%, the Shenzhen Component Index rose by 0.11%, and the ChiNext Index increased by 0.36%