A-shares midday review: The three major indices declined with reduced volume; the ChiNext Index fell 1.78%; over 4,200 stocks in the entire market declined.

As of the midday trading, the Shanghai Composite Index fell 0.53%, the Shenzhen Component Index dropped 1.15%, the ChiNext Index declined 1.78%, and the Beijing Stock Exchange 50 rose 1.3%. The total market turnover was 1.1968 trillion yuan, shrinking by 138.9 billion yuan compared to the previous day’s turnover.
In terms of sectors and themes, the oil and gas, pork sectors led the gains; computing power and film and television theater sectors led the declines.
In the market, the oil and gas sector opened high and continued to rise, with Blue Flame Holdings and Beiken Energy hitting the daily limit. On the news front, after Trump delivered a speech on Iran war, WTI crude oil broke through $103 per barrel, rising 4.07% intraday. Brent crude oil surged $4 intraday, currently at $102.86 per barrel, up 4.06%. The pork sector strengthened, with Superstar Agriculture and Animal Husbandry rising over 8%, and Dayu Biological up over 7%. On the news front, the Ministry of Commerce and other departments launched central reserve frozen pork stockpiling. The computing power sector weakened, with Jinkai New Energy, Qunxing Toys, and UCloud dropping over 7%. The film and television theater sector continued to decline, with Jinyi Film hitting the daily limit, and Huayi Brothers and Baina Qiancheng falling over 3%.