TREE NEWS reports: The Shanghai Composite closed the morning session at 3,765.71, down 1.21%, while the Shenzhen Component fell 2.09% to 12,356.56. The ChiNext Index dropped 2.61% to 2,957.32 and the STAR 50 slid 3.78% to 1,401.24. The CSI 300 was down 1.27% at 4,255.65, with the CSI 500 off 2.19% at 7,089.40 and the CSI 1000 down 2.39% at 6,968.22.
Shanghai Composite Falls 1.21% to 3,765.71 at Midday Close
The clear gradient here is size: losses widen from the CSI 300 down through the CSI 1000 and peak in the STAR 50, so this reads as a de-risking move concentrated in smaller and growth-oriented listings rather than a uniform index pullback. That pattern matters for anyone tracking China's tech and small-cap complex, where the STAR 50's outsized drop is the standout. Whether the selling broadens into large caps or stays confined to the high-beta end is the open question worth watching into the close.
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