The three major A-share indices closed collectively lower

On the first day of listing, the new stock N Jiangnan surged over 600%; Southern Precision Engineering and Xiangyang Auto hit the daily limit, while BESTWAY rose over 10%; military industry, wind power, and auto parts led the gains, while consumer electronics, gold and jewelry, and gaming saw the largest declines; the SSE Index fell 0.51%, the Shenzhen Index fell 0.91%, and the ChiNext fell 1%