The three major A-share indices of Shanghai and Shenzhen rose by 0.2% to 0.7% in the first half of the day, with the robotics concept and semiconductor stocks gaining

The People's Bank of China today (28th) conducted a 301.3 billion yuan (the same below) seven-day reverse repurchase operation in the open market, with the operation rate remaining at 1.4%. Today, 375 billion yuan of reverse repos are maturing, resulting in a net withdrawal of 73.7 billion yuan for the day.

The three major A-share indices opened lower but rose higher. The Shanghai Composite Index closed at 3,883 points at noon, up 8 points or 0.2%, with a turnover of 392 billion yuan; the Shenzhen Component Index closed at 12,967 points at noon, up 92 points or 0.7%, with a turnover of 584.3 billion yuan; the ChiNext Index closed at 3,052 points at noon, up 21 points or 0.7%, with a turnover of 290.2 billion yuan.

Banking stocks were slightly weak, with Industrial and Commercial Bank of China (601398.SH) and China Construction Bank (601939.SH) falling by 0.5% and 0.7%, respectively. In addition, CATL (300750.SZ) closed flat. BYD (002594.SZ) rose by 0.5%.

Several domestic corporate bonds of Vanke rebounded significantly, with Vanke A (000002.SZ) narrowing its decline to 0.9%.

Leading chip stocks were favored, with SMIC (688981.SH) and Hua Hong Semiconductor (688347.SH) rising by 0.6% and 2%, respectively. Technology stock Cambricon (688256.SH) slightly increased by 0.3%. Semiconductor stock YaGuang Technology (300123.SZ) rose by 11%, and Nexchip (688249.SH) increased by 8.6%.

Robot concept stocks rose, with Xiangyang Auto (000678.SZ) hitting the daily limit. JGBR (300421.SZ) rose by 14.8%. Kinco (688160.SH) rose by 11.9%