Midday Review: The ChiNext Index rose 0.72% in half a day, and the Hainan Free Trade Zone sector surged, triggering a wave of limit-ups

Zhitong
2025.07.24 03:31

The three major indices collectively rose in the morning session. By the lunch break, the Shanghai Composite Index was up 0.48%, the Shenzhen Component Index was up 0.65%, the ChiNext Index was up 0.72%, and the Beijing Stock Exchange 50 Index was up 0.66%. The total transaction volume in the Shanghai, Shenzhen, and Beijing markets reached 1.133 trillion yuan, a decrease of 26.5 billion yuan compared to the previous day. Over 3,900 stocks in the market rose. In terms of sectors, the Hainan Free Trade Zone, energy metals, rare earth permanent magnets, Yaxia hydropower, securities, and photolithography machine concept stocks led the gains; while precious metals, banking, CPO, and pork sectors saw the largest declines. On the market, the Hainan Free Trade Zone and duty-free shop sectors surged collectively, with nearly 20 stocks including Honz, CTG DUTY-FREE, and Hainan Development hitting the daily limit. The lithium mining sector fluctuated and strengthened during the session, with Xiazhang Mining and Yongshan Lithium hitting the daily limit. Yaxia hydropower concept stocks maintained their strength, with China Power Construction, Tibet Tianlu, and Poly United recording four consecutive limits. The rare earth permanent magnet sector also performed strongly, with Baotou Steel and Zhongke Sanhuan hitting the daily limit, and Longci Technology reaching a historical high during the session. The precious metals sector lagged, with China Gold International falling over 5%, and stocks like Western Gold and Shandong Gold also declining. CPO concept stocks experienced fluctuations and adjustments, with Taichengguang falling over 8%, and stocks like New Yisheng, Zhongji Xuchuang, and Tianfu Communication all experiencing varying degrees of decline