As of the close on July 8, the three major A-share indices opened low and went low. The Shanghai Composite Index fell 0.93% to 2922.45 points, and the Shenzhen Component Index fell 1.54%, while the Chinext Price Index fell 1.62%. The total turnover of the Shanghai and Shenzhen stock markets was 582 billion yuan, an increase of 7.2 billion yuan from the previous day, with over 4800 stocks falling. Before the market opened, multimodal AI and cni data factor index concept stocks led the decline, while the photovoltaic and shipping sectors performed poorly, and the copper foil, electrical utilities, and farming sectors were active. In terms of ETFs, QDII funds continued to dominate the top gainers list. Taiwan Semiconductor continued to create new highs. Southern Fund APA Selected Asia Pacific ex-Japan ETF rose by 8%, with the latest premium-discount rate being 14.06%. ETFs related to the US stock market performed well, with Huaxia Fund Nasdaq 100 ETF, Invesco Great Wall Fund Nasdaq 100 Technology ETF, and Huaxia Fund S&P ETF rising by 2.61%, 2.53%, and 1.88%, respectively, with Invesco Great Wall Fund Nasdaq 100 Technology ETF having the latest premium-discount rate of 14.16%. The Japanese stock market fell by 0.32%, hitting a new historical high during intraday trading. Huaxia Fund Nikkei ETF rose by 1.6%, with the latest premium-discount rate being 8.1%. Electrical utilities ETF rose in the afternoon, with Southern Fund and GF Fund Electrical Utilities ETF both rising by 1.5%. The education sector fell, with the education ETF falling by 4.74%. The innovative drugs sector declined, with the Hong Kong Innovative Drugs ETF falling by 4%. The gaming sector weakened, with the Gaming ETF falling by 3.77%. The real estate sector performed poorly, with the real estate ETF falling by 3.74%.