Market Index
Market snapshot: temperature, breadth, and highlights
Market overview
A-shares are broadly lower as chipmakers extend their slide, with Puran down ~11%. Large-cap defensives like Moutai (+3%) provide a buffer, while solid-state battery plays like Tianli Li-Energy (+20%) buck the trend on concept momentum.
Market Sentiment
Neutral
Chinese market temperature sits in neutral territory — driven mainly by lofty valuations (around the 83rd historical percentile), with breadth very low (near the 12th historical percentile). Today's session fell broadly, weighed down by weak macro data and profit-taking ahead of key policy meetings.