A-shares midday review: The ChiNext Index slightly declined in the morning, with wind power and chemical sectors leading the gains.

The three major A-share indices collectively declined slightly in the early trading session. By midday, the Shanghai Composite Index fell 0.22%, the Shenzhen Component Index dropped 0.17%, the ChiNext Index declined 0.03%, and the Beijing 50 Index decreased 0.1%. The combined half-day trading volume of the Shanghai, Shenzhen, and Beijing markets was 1.52T yuan, shrinking by 904 million yuan compared to the previous day. Over 2,900 individual stocks in the entire market rose.

In terms of sectors and themes, stocks related to pesticides, fertilizers, batteries, wind power equipment, salt lake lithium extraction, tourism and hotels, coal mining and processing, real estate, small household appliances, and grain concepts led the gains; precious metals, diversified finance, cloud computing, computing power leasing, power grid equipment, and high-speed copper cable connection concepts declined the most.

In the market, the Iran conflict blocked the fertilizer sector’s critical point, leading to a collective rise in pesticide and fertilizer stocks, with stocks like Chitianhua, Lutianhua, and Jizhengda hitting the daily limit. Green power sectors such as wind power and energy storage remained active, with Tianshun Wind Power, Dajin Heavy Industry, and Weili Transmission leading the gains. The coal sector surged temporarily, with Huaneng Energy hitting the limit for four consecutive days, Zhengzhou Coal & Electricity hitting the limit for two days, driven by market speculation that the US-Iran conflict pushed up oil prices, thereby triggering energy substitution effects.

Additionally, sectors like real estate, tourism and hotels, and steel experienced some unusual movements. On the other hand, most stocks in cloud computing and computing power leasing declined, with Meili Cloud hitting the limit down, and HanDe Information and Youkede falling along. Gold stocks followed international gold prices downward overnight, with Zhaojin Gold and Xiaocheng Technology leading the decline in the sector.