The three major A-share indices of Shanghai and Shenzhen fluctuated narrowly in the first half of the day, with the ChiNext Index down 9 points, and military stocks performing well

The People's Bank of China today (22nd) conducted a 7-day reverse repurchase operation in the open market amounting to 154.5 billion yuan (same below), with the operation interest rate remaining at 1.4%. Additionally, 64.5 billion yuan of reverse repos are maturing, resulting in a net injection of 90 billion yuan for the day. The central parity rate of the yuan against the US dollar is reported at 7.1903, up 34 points.

The three major A-share indices fluctuated narrowly this morning, with the Shanghai Composite Index rising less than 1 point at midday, reported at 3,387 points, with a turnover of 283.99 billion yuan; the Shenzhen Component Index fell 29 points or 0.3%, reported at 10,264 points, with a turnover of 435.38 billion yuan; the ChiNext Index fell 9 points or 0.4%, reported at 2,056 points, with a turnover of 190.64 billion yuan.

Military stocks performed well, with Guoke Tiancheng (301571.SZ), Sun Create (600990.SH), and GLARUNTECH (600562.SH) all hitting the daily limit.

In the banking sector, China Construction Bank (601939.SH) closed flat at 9.17 yuan, while Industrial and Commercial Bank of China (601398.SH) also closed flat at 7.14 yuan. Gold stocks saw Shandong Gold (600547.SH) rise 0.7%, Zhongjin Gold (600489.SH) fall 0.3%, and Chifeng Gold (600988.SH) rise 0.1%.

Additionally, BYD (002594.SZ) rose 0.7%. Contemporary Amperex Technology Co., Limited (300750.SZ) fell 1.1%