Multiple high-priced stocks experienced a sharp decline at the opening of trading, with Zhongyida hitting the lower limit.

Many high-priced stocks plunged at the beginning of trading, with Zhongyida hitting the limit down, Qihua New Material falling over 9%, Jinlong Electrical Machinery dropping over 8%, and Red Baller, Quanzhu Shares, and Jinpu Titanium Industry all sliding.