After opening lower, China's major bourses recovered into the mid-session. At noon the Shanghai Composite was up 0.01%, the Shenzhen Composite down 0.51% and the ChiNext down 1.15%. First-half turnover across Shanghai and Shenzhen was CNY 852.8 bln, about CNY 155.4 bln below the same period yesterday; roughly 1,600 stocks rose and 3,500 fell. Gaming led gains — Fuchun hit a 20% limit-up, Wentou Holdings, Caesar Culture and Dianhun Network also limit-up — while media opened lower then rallied, wi

After opening lower, China's major bourses recovered into the mid-session. At noon the Shanghai Composite was up 0.01%, the Shenzhen Composite down 0.51% and the ChiNext down 1.15%. First-half turnover across Shanghai and Shenzhen was CNY 852.8 bln, about CNY 155.4 bln below the same period yesterday; roughly 1,600 stocks rose and 3,500 fell. Gaming led gains — Fuchun hit a 20% limit-up, Wentou Holdings, Caesar Culture and Dianhun Network also limit-up — while media opened lower then rallied, with Ciwen Media, New Classic, iReader Technology and Xinhua Winshare among limit-ups. Component parts names rose (Mankun Technology also 20% limit-up; Baoding Technology, Ultrasonic Electronics limit-up). Other outperformers included oilfield services/engineering, coal, blind-box retailers, aerospace equipment, power and dairy/beverages. Underperformers included wind-turbine equipment, vehicle OEMs, retail, planting/agriculture, helium and solid-state battery sectors.