A-shares fell back from early gains into a mixed midday session: Shanghai Composite +0.22%, Shenzhen Composite Index -0.56%, ChiNext -1.47% at noon. Turnover in the first half-day was 979.4 bln yuan and more than 2,900 stocks declined. Film exhibitor stocks bucked the market, with names including Xingfu Lanhai, Hengdian Film & TV and Jinyi Film hitting daily limits and peers Ruyi Film, Bona Film and Huazhi Digital Media rallying. Compute-power/chip names opened strong then faded; Tianpu Co exten

A-shares fell back from early gains into a mixed midday session: Shanghai Composite +0.22%, Shenzhen Composite Index -0.56%, ChiNext -1.47% at noon. Turnover in the first half-day was 979.4 bln yuan and more than 2,900 stocks declined. Film exhibitor stocks bucked the market, with names including Xingfu Lanhai, Hengdian Film & TV and Jinyi Film hitting daily limits and peers Ruyi Film, Bona Film and Huazhi Digital Media rallying. Compute-power/chip names opened strong then faded; Tianpu Co extended to a fourth consecutive limit-up, Xuanji Information hit the 20% limit intraday and Huadong Heavy Machine also hit limit-up, while Suiyuan Technology, MooreThread and Cambricon gave back gains. Regional banks were active—Jiangsu Bank, Bank of Nanjing, Bank of Qingdao and Bank of Chengdu set record highs. The CPO-related sector traded lower; Kexiang, Lianxun Instruments, Tianfu Communication and Zhongshi Technology were among decliners.