Summary: The Shanghai Composite Index opened low and fell by 1.25%, with nearly 4500 individual stocks in the market experiencing declines.

The three major A-share indexes fell collectively today. As of the close, the Shanghai Composite Index fell by 1.25%, the Shenzhen Component Index fell by 0.88%, and the ChiNext Index rose by 0.07%. The ChiNext 50 fell by 2.38% and the STAR 50 Index fell by 2.8%. The total turnover of the entire market was 3.2599 trillion yuan, a decrease of 45 billion yuan from the previous day, with nearly 4500 stocks falling. In terms of sector themes, liquor, film and television, electricity, coal mining and processing, and inverter sectors led the gains; precious metals, electric motors, communication services, computing power leasing, and oil and gas exploration and services sectors led the declines. In terms of performance, the liquor sector surged in the afternoon, with Shuijingfang hitting the limit up, XD Shedejiu, Jiuguijiu, Jinshiyuan, Jinhuangjiu, and Huangtaijiuye leading the gains. The film and television sector was active, with Bainaqiancheng, Huanruishiji, achieving limit up moves, and Jiecheng Guofen, Hengdian Film and Television, and Guangxian Media leading the gains. The electricity sector showed strength, with Guangdong Electric Power A, Huadian Liaoning Energy, and Huaneng Inner Mongolia Electric Power all hitting the limit up. On the downside, the precious metals sector opened low and continued to fall throughout the day, with Sichuan Gold, Xiaocheng Technology, and Western Gold leading the declines. The electric motor sector fluctuated lower, with Yifan Transmission falling by over 12%, and Fangzheng Motors, Zhaowei Electromechanical, and Weiguang Shares leading the declines. The computing power leasing sector also performed weakly, with Lianhua Holdings hitting the limit down, and Saiyi Information, Zhejiang University New Network, and Runjian Shares leading the declines.