Closing Review: STAR 50 Index Plunges 7.7%, Computing Hardware and Semiconductor Sectors Adjust Collectively

Mars Finance News, the market saw volatile adjustments throughout the day. The three major indices all opened lower and then drifted down further, with the STAR 50 Index plunging 7.7%. The divergence between the yellow and white lines was clearly evident, and the heavyweight stocks were trading relatively weakly. The total turnover across the Shanghai and Shenzhen markets was 3.45 trillion yuan, down 209.5 billion yuan from the previous trading day.

On the trading board, market hotspots were relatively mixed, with more than 3,100 stocks across the market declining. By sector, the humanoid robot concept performed actively: Fulaixin Materials hit its second consecutive daily limit, Fenglong Shares hit its daily limit twice within three days, and Riying Electronics and Yingfeng Shares both hit their daily limits. The non-ferrous metals sector strengthened, with Xianglu Tungsten, Chifeng Gold, and Zhaojin Gold all hitting daily limits.

The innovative drug concept surged against the trend: Hainan Haiyao hit its daily limit 6 times in 8 days, Menovo hit its daily limit for the second consecutive day, and CSPC Jingfeng and Jingxin Pharmaceutical both hit daily limits. On the downside, the semiconductor equipment sector continued to undergo adjustments, with NAURA Technology and Jinhai Tong hitting their down limits. The computing hardware direction fell across the board, with Dongshan Precision, GigaDevice, and Accelink Technologies all hitting their down limits.

By the close, the Shanghai Composite Index was down 2.03%, the Shenzhen Component Index was down 3.85%, and the ChiNext Index was down 5.71%. (Cailian Press)