At midday, Shanghai Composite -0.37%, Shenzhen Composite Index -1.00%, ChiNext
Index -1.14%, STAR 50 Index -3.63%. Large-consumer sectors bucked the market;
retail, baijiu and duty‑free led gains, with China Tourism Group Duty Free,
Jiugui Liquor and Dongbai Group hitting daily upper limits. Property stocks
advanced, including Vanke A and Greenland Holdings trading at daily limits.
Power names extended strength; several generators reached daily limits.
Underground pipeline-related stocks rose. Top gainers by sector: power, liquor,
coal, retail chains, property and tourism. Laggards: semiconductors, general
machinery, aviation, components and electrical instruments. Turnover across
Shanghai and Shenzhen reached 2.12 trillion yuan.