Closing summary: The Shanghai Composite Index rose before falling back by 0.13%, failing to break the 3500 point mark. Total market turnover exceeded 1.5 trillion yuan.

The three major A-share indexes rose and fell today. As of the close, the Shanghai Composite Index fell by 0.13%, the Shenzhen Component Index fell by 0.06%, the ChiNext Index rose by 0.16%, and the BeiZheng 50 Index fell by 0.75%. The total turnover of the entire market was 1.5274 trillion yuan, an increase of 52.8 billion yuan compared to the previous day. Over 3300 individual stocks in the entire market declined. In terms of sector themes, the film and television line, diversified finance, internet e-commerce, banking, and weight loss drug concept stocks performed well. On the other hand, the shipping industry, non-ferrous metals, storage chips, and rare earth permanent magnet plates were among the top decliners. On the trading front, the diversified finance sector continued to perform strongly, with YueXiu Capital and NanHua Futures hitting the daily limit up. The film and television sector and short drama games rose during the session, with Huan Rui Century hitting the daily limit up and China Online skyrocketing by 10%. The banking sector maintained its upward trend, with ICBC, Postal Savings Bank of China, and Agricultural Bank of China all hitting historical highs. The power sector saw some activity, with HuaYin Electric Power, GuiGuan Electric Power, and TuoRi XinNeng among the stocks that hit the daily limit up. The non-ferrous metals sector collectively adjusted, with Far East Precision and Luoyang Molybdenum falling by more than 5%. The storage chip sector showed some weakness, with Youfang Technology, Zhongjing Electronics, and ChengBang shares leading the decline.