A-share indices opened higher then lost momentum and closed mixed after intraday
gains narrowed. Shanghai Composite +0.08%, Shenzhen Composite Index +0.86%,
ChiNext +1.46%, STAR 50 +0.64% at close. Shanghai and Shenzhen turnover exceeded
1.5 trillion yuan; more than 4,200 stocks rose. Cinema-chain sector led gains;
several cinema names hit daily limits, including Huazhi Shumedia, Huace Film &
TV, Jinyi Film and Shanghai Film; Bona Film and others posted strong gains.
Physical-AI/robotics names outperformed: Haoen Qidian rose over 10%, while
Fantuo Shuchuang, Nengke Technology and Geling Shentong also advanced. Coal,
shipping & ports and oil & gas exploration underperformed. COSCO Shipping Energy
and Phoenix Shipping fell more than 5%; China Merchants and COSCO Shipping
Holdings also retreated.