China's Three Major A-Share Indexes Edge Lower at Midday Break; Telecom Equipment Sector Leads Declines

36Kr learned that China's three major A-share indexes edged lower at the midday break, with the Shanghai Composite down 0.71%, the Shenzhen Component down 0.16%, and the ChiNext Index down 0.94%. The telecom equipment, semiconductor, and oil and gas sectors led the declines, with Yuanjie Technology and Zhongji Innolight falling more than 8% and CNOOC falling more than 4%. Construction machinery, leisure products, and precious metals sectors led gains, with Sany Heavy Industry rising more than 4%, Chifeng Gold up more than 3%, and Yuanfei Pet up more than 2%.