In the early morning, the market rose and then fell back, with the chinext price index leading the decline. On the market, large financial stocks were strong at one point, with Guangdong Golden Dragon Development Inc., Sealand, and Hubei Biocause Pharmaceutical hitting the limit up. Stocks related to state-owned enterprise reform concept were active, with Changchun Yidong Clutch, Shanghai Jiao Yun Group, Shanghai New Power Automotive Technology, and Shanghai Jin Jiang Online Network Service hitting the limit up. Retail stocks fluctuated and rebounded, with Shanghai Join Buy, Gansu Guofang Industry & Trade, and Maoye Commercial hitting the limit up. On the downside, stocks related to the pv concept began to adjust, with Gansu Jingang Solar falling more than 7%; stocks related to the foldable screen concept fluctuated lower, with Triumph Science & Technology hitting the limit down. Overall, more stocks fell than rose, with over 4400 individual stocks falling in the entire market. The total turnover of the Shanghai and Shenzhen markets in the first half of the day was 350.2 billion, an increase of 11.9 billion compared to the previous trading day. In terms of sectors, insurance, autos, securities, and retail sectors were among the top gainers, while sectors such as pv, foldable screen, pcb concept, and AI glasses were among the top losers. At the close, the Shanghai Composite Index fell by 0.23%, the Shenzhen Component Index fell by 1.01%, and the chinext price index fell by 1.29%.