July 3, Guolong News | Major A-share indices were weakly volatile today. As of the close, the Shanghai Composite Index fell 0.49% to 2982 points, the Shenzhen Component Index fell 0.59%, and the ChiNext Price Index fell 0.3% and briefly turned red during intra-day trading. Over 3700 stocks fell, with a total turnover of 580.4 billion yuan, a decrease of 64.3 billion yuan from yesterday. On the market, news that the trillion-level consumption tax reform is approaching, exempted tax concepts and tax refund stores and other sectors have erupted. Wangfujing and many other stocks have hit the limit; the ST sector is strong, and more than 20 individual stocks such as *ST Mingjia have risen to the daily limit; the dairy industry stocks have risen, and Pinlive Foods has hit the daily limit of 20cm. Real estate services, HBM concepts, and electronic license plates and other sectors have led the gains. In addition, the space computing sector has plummeted, with Hongjing Technology falling more than 15%; the power grid equipment sector has suffered a heavy blow, with multiple stocks such as SM Electric falling limit; the weight loss drug sector has fallen, with Gan & Lee Pharmaceuticals falling more than 8%. The virtual power plant, software development, and CNI data factor index sectors have suffered the most losses.