Closing Report: ChiNext Index opened high and fell by 2.16%, with most stocks in battery and commercial aerospace sectors adjusting.

The three major A-share indices fell collectively today, with the Shanghai Composite Index down 1.52%, the Shenzhen Component Index down 2.14%, the ChiNext Index down 2.16%, and the Beixin 50 Index down 3.73% at the close. The total turnover of the whole market was 3.381 trillion yuan, an increase of 123.9 billion yuan from the previous day, with over 4,300 stocks falling across the market. In terms of sector themes, the leading gainers were in the pork, propylene oxide, liquor, third-generation semiconductors, photovoltaic equipment, banking, and port and shipping sectors, while the top decliners were in the energy metals, minor metals, power grid equipment, culture and media, battery, Huawei Ascend, and short video game sectors. In trading, the market focused on third-generation semiconductor material silicon carbide, driving related sectors higher, with stocks such as Zhengfan Technology, Kechuang Xincai, and Lusmile Technology hitting their daily limit-up. Most technology stocks consolidated, with funds flowing into defensive sectors such as pork and breeding. Stocks like Huatong Share and Tianbang Food hit their daily limit-up. Additionally, photovoltaic equipment, banking, and port and shipping sectors showed some performance, but the bullish sentiment was generally weak. On the other hand, rare earths and minor metals sectors mostly declined, with Western Materials, Zhangyuan Tungsten Industry, and Oriental Zirconium leading the decline. The commercial aerospace sector also saw a correction, with China Satellite and Zhonghe Technology hitting the daily limit-down, while Shenjian Co., Ltd. and Shunhao Co., Ltd. were among the top decliners.