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Midday Review: The three major indices are weakly adjusting, while the military industry sector is actively counter-trending

Zhitong
Mar 11, 2025 at 03:33 AM

The index showed weak adjustments in the early session, with the ChiNext Index and Shenzhen Component Index briefly turning positive before retreating. In terms of sectors, the military industry sector was strong in the morning, with TORCH ELECTRON, LAT, and Inner Mongolia First Machinery Group hitting the daily limit; liquor stocks fluctuated and strengthened, with Shanxi Fenjiu and Gujing Gongjiu leading the gains; the state-owned cloud concept was active, with Meili Cloud and Hubei Broadcasting hitting the daily limit; the engineering machinery sector fell into a correction, with Weibo Hydraulic dropping over 10% to lead the decline; the humanoid robot concept fluctuated and retreated, with Wanda Bearings leading the decline; the automotive industry chain collectively adjusted, with the automotive parts sector leading the decline, and Hengbo Co., Ltd. showing significant losses. Overall, individual stocks showed a general downward trend, with over 4,000 stocks declining. As of the midday close, the Shanghai Composite Index was at 3,350.26 points, down 0.47%; the Shenzhen Component Index was at 10,754.52 points, down 0.66%; and the ChiNext Index was at 2,183.26 points, down 0.76%. On the market, military electronics, military equipment, and liquor sectors led the gains, while cultivated diamonds, engineering machinery, and humanoid robots sectors led the declines

Source: Zhitong The copyright of this article belongs to the original author/organization.

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