China Stocks Close Morning Session Mixed; Shanghai Composite Up 0.08%

The pattern here is more telling than the headline: the small- and mid-cap gauges and the tech-heavy STAR 50 outpaced the large-cap CSI 300, whose gain was barely positive. That points to risk appetite concentrated in growth and smaller names rather than broad-based buying, a rotation worth noting given how thin these morning moves are. Whether that leadership holds into the close, or fades as it often does in half-day sessions, is the open question.