The Shenzhen Component Index and the ChiNext Index both fell by more than 1% in the afternoon, with over 2900 stocks in the market experiencing a decline.

The Shenzhen Component Index and the ChiNext Index both fell more than 1% in the afternoon, while the Shanghai Composite Index dropped by 0.2%. Stocks in the gaming, copper cable high-speed connection, and photolithography machine sectors were among the top decliners, with over 2900 stocks across the entire market falling.