China A-shares opened lower and drifted further into the morning session. By midday the Shanghai Composite was down 0.12%, the Shenzhen Composite down 1.03% and the ChiNext Index down 1.27%. The media sector extended a multi-day rally, with Bona Film Group, Ciwen Media and Xinhua Media among several stocks hitting daily limit-ups. Wind-turbine equipment names outperformed — Zhenhong rose more than 16% and Tianshun Wind Power hit the limit. Banking was active and buoyant, with China CITIC Bank an

China A-shares opened lower and drifted further into the morning session. By midday the Shanghai Composite was down 0.12%, the Shenzhen Composite down 1.03% and the ChiNext Index down 1.27%. The media sector extended a multi-day rally, with Bona Film Group, Ciwen Media and Xinhua Media among several stocks hitting daily limit-ups. Wind-turbine equipment names outperformed — Zhenhong rose more than 16% and Tianshun Wind Power hit the limit. Banking was active and buoyant, with China CITIC Bank and Bank of China marking intraday record highs. Other active sectors included retail, gaming, cross-border payments, insurance and software development. Lagging sectors included food/grains, oilfield services and engineering, property, precious metals, CPO and coal. Combined Shanghai-Shenzhen turnover at half-day was about 1.01 trillion yuan, down roughly 155.2 billion yuan versus the previous session; roughly 1,300 stocks advanced and about 3,800 declined.