A-shares Noon Review: ChiNext Index fell 1.46% in half a day, with rare metals and computing power leasing sectors experiencing a collective outbreak The three major indexes of A-shares collectively fell in early trading. As of noon, the Shanghai Composite Index fell 0.17%, the Shenzhen Component Index fell 0.68%, the ChiNext Index fell 1.46%, the Beijing Stock Exchange 50 Index fell 0.74%, and the half day trading volume of the Shanghai, Shenzhen, and Beijing stock markets was 1596.6 billion yuan, a decrease of 53.2 billion yuan from the previous day. Over 2300 individual stocks in the entire market rose. In terms of sector themes, the small metals, computing power leasing, cloud computing, coal mining and processing, cross-border payments, steel, photovoltaic equipment, AI applications, tourism and hotel sectors saw the highest growth rates; Paper making PCB、CPO、 The storage chip, battery, lithography machine, and PET copper foil sectors experienced the highest decline. On the market, due to the catalytic effect of price increases, rare metal sectors such as tungsten and rare earths have collectively exploded, with multiple stocks including China Tungsten High tech, Zhangyuan Tungsten Industry, and China Rare Color reaching historic highs. The call volume of China's AI Token exceeded that of the United States for the first time, reflecting strong demand for cloud computing. The computing power leasing sector saw a significant increase during the trading session, with multiple stocks including Yuntian Lifei and Chengdi Xiangjiang hitting the daily limit up. The direction of space photovoltaics is also on the rise, with Junda Corporation and Shuangliang Energy Conservation both being banned. Institutions believe that "computing power going to the sky" has become a consensus. In addition, there have been fluctuations in sectors such as coal, cross-border payments, and electricity. On the other hand, overnight Nvidia experienced its largest single day decline since April 16th last year, with most computing hardware stocks such as CPO and PCB experiencing a pullback. New Yisheng, Zhongji Xuchuang, and Shenghong Technology fell more than 5% during trading.