August 19th Midday Review: Shanghai Composite Index rises 0.3% in half a day, pharmaceutical stocks strengthen collectively

The market rose sharply in the morning and then fell back, with the three major indices slightly up. The diesel generator concept surged, with QCEC and Tellhow hitting the daily limit. Pharmaceutical stocks collectively strengthened, with over ten stocks including Ji Min Health and Shen Lian Biomedical reaching the daily limit. CPO concept stocks continued to perform strongly, with Cambridge Technology hitting the daily limit and Tianfu Communication rising over 10%. Hongmeng concept stocks surged during the session, with Chengmai Technology and Huasheng Tiancheng hitting the daily limit. On the downside, the military industry sector adjusted, with Guangqi Technology falling over 5%. More stocks rose than fell, with over 3,200 stocks in the Shanghai, Shenzhen, and Beijing markets in the green, and a total transaction volume of 1.68 trillion in the morning session. At the midday close, the Shanghai Composite Index rose 0.3%, the Shenzhen Component Index rose 0.3%, and the ChiNext Index rose 0.39%