On June 25th, major A-share indices continued to fall, with the Shanghai Composite Index closing down 0.44% at 2950 points, hitting a new low since February 21st during trading; the Shenzhen Component Index fell 0.83%, and the ChiNext Price Index fell 1.82%. Over 2800 stocks rose and over 2300 stocks fell, with a total market turnover of ¥648.2 billion. On the market front, the industrial mother machine sector broke out, with multiple stocks such as Hengdadao hitting the daily limit; the price of vitamin D3 skyrocketed, driving up the vitamin sector, and Zhejiang Medicine rose by daily limit in the afternoon; the tourism and hotel sector strengthened, with Tibet Tourism hitting the daily limit; the reducer, education, and real estate sectors saw the highest increase. In addition, the semiconductor sector suffered heavy losses, with the HBM concept, automotive chips, and Chiplet concepts leading the decline, and Naxinwei falling by more than 14%; the 3D camera sector declined, with China Wafer Level CSP falling by nearly 7%; the AI mobile phone sector weakened, with Xidimi falling by more than 7%; BC batteries, ETC, and CPO concepts had the highest declines.