China Stocks Edge Higher at Midday; Half-Day Turnover Below 880B Yuan

The split between battery-chain leadership and agricultural weakness points to sector rotation rather than broad risk appetite, with the modest index moves and sub-880-billion-yuan half-day turnover suggesting conviction stayed limited into the holiday-thinned session. The wide advance-decline breadth, with roughly 4,200 names higher, implies gains were shallow and spread thin rather than concentrated in heavyweight drivers. Whether battery-chain momentum survives the full session, and whether turnover recovers from its reduced pace, is the open question.