A-share morning trade mixed: Shanghai Composite slipped 0.18% at noon, Shenzhen Component +0.39%, ChiNext flat, Beijing Stock Exchange 50 Index +0.88%, STAR 50 Index +1.01%. Turnover on Shanghai and Shenzhen was 1.95 tln yuan, down 99.4 mln yuan from the prior session. Market breadth weak with more than 4,000 stocks declining. PCB concept stocks rose for a third session; Hongchang Electronics recorded five limit-ups in seven sessions, Huazheng New Materials hit a three-day limit, and over ten PC

A-share morning trade mixed: Shanghai Composite slipped 0.18% at noon, Shenzhen Component +0.39%, ChiNext flat, Beijing Stock Exchange 50 Index +0.88%, STAR 50 Index +1.01%. Turnover on Shanghai and Shenzhen was 1.95 tln yuan, down 99.4 mln yuan from the prior session. Market breadth weak with more than 4,000 stocks declining. PCB concept stocks rose for a third session; Hongchang Electronics recorded five limit-ups in seven sessions, Huazheng New Materials hit a three-day limit, and over ten PCB names including Shennan Circuit, Xingsen Technology, Zhongcai Technology and Yibo Technology reached daily limits. Panel makers moved higher with Changxin Technology, Tianma A, BOE A and Kaiseng Technology hitting limit-ups. Weakness concentrated in livestock/breeding, down for a third day (Xiangjia falls >4%; Minhe, Liuniushan among leaders), and cinema chains continued to slide (Zhongshi Media, Ruyi Film, Baina Qiancheng among the top decliners).