Shanghai Composite rose 0.36% at mid-session after a volatile morning; Shenzhen
Composite Index was up 0.05%, ChiNext down 0.15%, Beijing 50 down 0.51% and STAR
50 down 0.42%. Turnover across Shanghai and Shenzhen reached CNY1.26trln, up
CNY12.2bln versus the prior session. Market breadth was positive with over 3,400
stocks advancing as sector leadership rotated quickly. Planting and forestry
stocks extended gains—Yasheng Group posted a fourth straight daily limit-up,
Dunhuang Seed has five limit-ups in eight sessions and Sukeng Agricultural
Development hit the limit. Fertilizer names surged, with Lutianhua, Chuanfa
Longmang, Kingenta, Chitianhua and Luhua Technology making limit-up moves.
Sugar-substitute plays including COFCO Technology, Hongmian and Huakang
advanced. Cultural media extended multi-day rallies—Longban Media on a seventh
straight limit-up, China Publishing three days, Reader Media two. Liquid-cooled
server names underperformed, weighing on Zhongshi Technology and Jinfu
Technology.
