A-share closing review: Shanghai Composite Index fell % and fell below 3,400 points, and more than 4,200 stocks in the market fell
The three major A-share indices fell collectively today. As of the close, the Shanghai Composite Index fell 1.29%, the Shenzhen Component Index fell 1.76%, the ChiNext Index fell 2.17%, and the Beijing Stock Exchange 50 Index fell 4.17%. The total market turnover was 1,579.7 billion yuan, an increase of 103.1 billion yuan from the previous day. More than 4,200 stocks fell in the entire market. In terms of sector themes, offshore equipment, oil and gas extraction, traditional Chinese medicine, steel, tourism and hotel sectors led the gains; Huawei mobile phones, humanoid robots, smart cockpits, AI glasses, and AI PC concept stocks led the declines. On the market, the offshore equipment sector rose against the market today, and more than 10 stocks such as Shenkai Co., Ltd., Dalian Heavy Industry, CITIC Heavy Industries, Zhenhua Heavy Industries, and Tianneng Heavy Industries rose by the daily limit. Huawei mobile phone concept stocks fell weakly throughout the day, Hesheng Co., Ltd. and Fuji Electronics fell by the daily limit during the session, and Yinbang Co., Ltd., Visionox, and Guanghong Technology fell sharply. Humanoid robot concept stocks also performed poorly, with Xinzhi Group and Xiaxia Precision hitting the limit in the afternoon, while Sling, Fulin Precision, and Longsheng Technology were the top losers. The semiconductor sector also continued to fall in the afternoon, with Chuangyao Technology, Xinhai Technology, and Broadcom Integrated leading the decline.