At midday Shanghai Composite +0.95%, Shenzhen Composite +1.19%, ChiNext +0.96%.
Defense names led gains, with multiple stocks hitting daily limit-up, including
Shengnan Technology, Huali Chuangtong and Chenxi Aviation.
Speed-reducer/industrial components stocks also rallied; Yuhuan CNC, Xiangyang
Bearing and Zhongding Co reached limit-up. Precious metals climbed, Zhaojin Gold
+6%+. Outperformers included property developers, controlled nuclear fusion,
power-grid equipment, plantation, winter-sports and innovative drugs;
components, gaming, brokerages, batteries and cinema chains lagged. Combined
Shanghai/Shenzhen turnover ~962.6 bln yuan, down ~19.2 bln yuan vs. yesterday;
advancing stocks ~4,600, declining ~600.
