Midday Review: The ChiNext Index rises nearly 2% in half a day, with PEEK materials and lithium mining concepts leading the two markets

The index collectively strengthened in the early session, with the ChiNext Index rising nearly 2% at midday. In terms of sectors, the PEEK materials concept led the gains, with SHUANGYI TECH and ESSENCE FASTENING SYSTEMS (SHANGHAI) both hitting the 20% daily limit up; lithium mining concept stocks surged collectively, with Shengxin Lithium Energy and Tianqi Lithium hitting the daily limit up during trading; approaching lunchtime, the CPO concept surged, with Weirgao hitting the 20% daily limit up; on the downside, the gold concept showed weak fluctuations, with Wushang Group leading the decline; bank stocks weakened, with Zhejiang Commercial Bank and Shanghai Pudong Development Bank among the biggest losers; power stocks continued to adjust, with Huayin Power and Leshan Power leading the decline. Overall, individual stocks showed a broad upward trend, with over 4,200 stocks rising. As of the midday close, the Shanghai Composite Index reported 3,653.50 points, up 0.51%; the Shenzhen Component Index reported 11,293.25 points, up 1.48%; and the ChiNext Index reported 2,380.29 points, up 1.99%. On the market, PEEK materials, energy metals, and components sectors led the gains, while precious metals, China Shipbuilding System, and banking sectors led the declines