Review: Shanghai Composite Index rose and then fell slightly, up 0.07%. Over 3800 stocks dropped.

The market rose and then fell back, with a late rebound in the final trading session, leading to all three major stock indexes closing in the red. In terms of sectors, the late rebound in the power grid equipment concept led to an unusual surge, with Baoding Electric Power Equipment Co., Ltd. hitting the limit up; mining hardware stocks fluctuated and strengthened, with multiple stocks such as Yidong Electronics and Zhongguang Lightning Protection hitting the 20cm limit up, and Yinvac hitting the limit up, with a total market value exceeding 100 billion; the Hainan sector was active, with multiple stocks such as Hainan Haoyao and Hainan Ruize hitting the limit up; on the downside, the consumer sector collectively weakened, with Qujiang Tourism falling to the downside limit; the military sector declined, with Shaanxi Huada falling by more than 10%, leading the decline. Overall, in the two markets, there were more declines than gains in individual stocks, with over 3800 individual stocks falling. As of the close, the Shanghai Composite Index closed at 3919.98 points, up 0.07%; the Shenzhen Component Index closed at 13368.99 points, up 0.27%; and the ChiNext closed at 3205.0 points, up 0.41%. On the trading floor, the lithography machine, battery, and fluorine chemical concepts led in gains, while the tourism and hotel, terahertz, and military information technology sectors led in declines.