A-share market closing review: Shanghai Composite Index continued to decline in the afternoon, down 1.18%, AI software and hardware sectors rose and fell
The three major A-share indices closed lower. As of market close, the Shanghai Composite Index fell 1.18%, the Shenzhen Component Index fell 1.73%, the ChiNext Index fell 1.66%, and the Beijing Stock Exchange 50 Index fell 1.16%. The total trading volume of the three markets in Shanghai, Shenzhen, and Beijing reached 1.9618 trillion yuan, a 90.9 billion yuan increase from the previous day. Over 4,200 stocks in both markets declined. Among the sectors, Zhipu AI, liquid-cooled servers, and assisted reproductive technology rose, while the steel, coal, and insurance sectors adjusted. Zhipu AI saw strong gains amidst fluctuations, with Yidian Tianxia hitting its 20cm limit. The liquid-cooled server sector strengthened across the board, with Siquan New Materials hitting its 20cm limit, and Invice and Chunzhong Technology hitting their limit-up limits. The assisted reproductive technology sector continued to strengthen, with Gongtong Pharmaceutical and Anke Biotechnology hitting their 20cm limit-up, and Hanshang Group hitting its limit-up limit. The steel sector adjusted, with Baosteel falling over 8%. The coal sector fell across the board, with all stocks in the sector in the red, with Antai Group falling over 7%.