China’s Shanghai Composite Slips 0.12% at Midday Close

The dispersion matters more than the headline: large-cap benchmarks held nearly flat while the Shenzhen, ChiNext and the mid- and small-cap CSI gauges fell noticeably harder. That pattern points to pressure concentrated in smaller, growth-leaning names rather than broad risk-off selling across Chinese equities. Whether that size-based split persists into the afternoon session, or the large-cap indices follow the smaller ones lower, is the open question worth watching.