The ChiNext Index is up more than 2%—there’s definitely something here, but are over 4,000 stocks dropping really for real?

June 2nd, the three major A-share indices moved differently, with the Shanghai Composite Index falling slightly by 0.04% at midday, the Shenzhen Component Index rising by 0.96%, the ChiNext Index up by 2.15%, and the STAR Market 50 increasing by 1.39%. The total market turnover was 18.205 trillion yuan, with about 4,100 stocks declining. Components, CPO, AI PC, and other sectors took turns being active, while film and television theaters and football concepts weakened.