---
title: "June 11th Midday Review: The ChiNext Index rose 1.29% in half a day, and the rare earth permanent magnet concept surged collectively"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/243991239.md"
description: "On June 11th, at the midday close, the three major indices rose collectively, with the Shanghai Composite Index up 0.54%, the Shenzhen Component Index up 0.89%, and the ChiNext Index up 1.29%. Rare earth permanent magnet concept stocks performed strongly, with ZKCY and BGRIMM Tec hitting the daily limit. The automotive industry chain also strengthened, with multiple stocks hitting the limit. In contrast, the innovative drug concept saw a correction, with Lianhua Technology hitting the daily limit down. Overall, nearly 3,700 stocks rose, with a trading volume of 810.1 billion in the morning"
datetime: "2025-06-11T03:31:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/243991239.md)
  - [en](https://longbridge.com/en/news/243991239.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/243991239.md)
generator: "portal-rs"
---

# June 11th Midday Review: The ChiNext Index rose 1.29% in half a day, and the rare earth permanent magnet concept surged collectively

The market surged in the morning and then retreated, with all three major indices rising collectively. The rare earth permanent magnet concept continued to soar, with ZKCY, BGRIMM Tec, Huahong Technology, and Ningbo Yunsheng hitting the daily limit. The automotive industry chain strengthened collectively, with multiple stocks such as QuanFeng Automotive, DiShengLi, JinQilin, and YingLi Automotive hitting the limit. On the downside, the innovative drug concept faced adjustments, with LianHua Technology hitting the daily limit down. Most individual stocks rose rather than fell, with nearly 3,700 stocks in the Shanghai, Shenzhen, and Beijing markets in the green, and a total transaction volume of 810.1 billion in the morning session. At the midday close, the Shanghai Composite Index rose by 0.54%, the Shenzhen Component Index rose by 0.89%, and the ChiNext Index rose by 1.29%

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**