The major A-shares Index experienced slight fluctuations in the morning, followed by a collective drop in the afternoon; as of the close, the Shanghai Composite Index fell 0.5% to 3351 points, the Shenzhen Component Index fell 1.03%, and the Chinext Price Index dropped 0.98%. The total turnover for the day was 1.55 trillion yuan, an increase of 12.9 billion yuan compared to the previous trading day, with nearly 4800 stocks in the All Market declining and fewer than 600 advancing.
On the market, the Education Sector suffered a severe decline with multiple stocks including Beijing Kaiwen Education Technology hitting their daily limit; AI application stocks collectively fell, with AI corpus, Sora Concept, and Zhipu AI leading the decline, along with Shanghai Wondertek Software and others also hitting their daily limit; micro-cap stocks plummeted, with 90 stocks dropping more than 9%; the Gaming Sector weakened, and Dasheng Times Cultural Investment hit its daily limit; Brain-computer Interface, Cultural Media, Virtual Digital Humans, and the Quick Hand Concept also saw prominent losses. On the other hand, the Cultivated Diamond Sector rose against the market trend, with Power Diamond hitting its daily limit; the Banks Sector strengthened, with the four major banks all reaching historic highs; Insurance and a few other sectors, like Specialized Valuation, also rose. (Ge Long Hui)