Shanghai and Shenzhen shares opened sharply higher then eased; at midday the
Shanghai Composite was up 0.06%, the Shenzhen Composite Index 0.76% and the
ChiNext Index 1.49%. Combined turnover on the two bourses was 960.3 billion
yuan, roughly 50 billion yuan below the prior session. More than 3,800 stocks
advanced. Short-drama/gaming-related names remained active, with multiple stocks
hitting daily limits. PCB and components sectors led gains; humanoid-robot names
rallied and some capped out. CPO concept stocks were among the top performers.
Shipping, banks and insurers pared gains. Coal fell, with Jinkong Coal and
Guanghui Energy down over 4%. Oil and gas stocks retreated, led by CNOOC, China
Oilfield Services and Zhongman Petroleum.