--- title: "September 23rd midday closing review: All three major indices fell over 1%, with nearly 5,000 stocks in the entire market declining" type: "News" locale: "en" url: "https://longbridge.com/en/news/258447124.md" description: "The midday closing review on September 23 showed that all three major indices fell by more than 1%, with the overall market declining and nearly 5,000 stocks dropping. The shipping sector rose against the trend, with Nanjing Port and Ningbo Marine hitting the daily limit; bank stocks rebounded, with Nanjing Bank and others rising over 3%. Tourism and software stocks fell sharply, with Yunnan Tourism and Wangda Software hitting the daily limit. At the midday close, the Shanghai Composite Index fell by 1.23%, the Shenzhen Component Index fell by 1.84%, and the ChiNext Index fell by 1.75%" datetime: "2025-09-23T03:31:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258447124.md) - [en](https://longbridge.com/en/news/258447124.md) - [zh-HK](https://longbridge.com/zh-HK/news/258447124.md) --- # September 23rd midday closing review: All three major indices fell over 1%, with nearly 5,000 stocks in the entire market declining The market collectively adjusted in the morning, with all three major indices falling over 1%. The shipping sector rose against the trend, with Nanjing Port and Ningbo Marine hitting the daily limit. Bank stocks rebounded collectively, with Nanjing Bank, Xiamen Bank, China Construction Bank, and Agricultural Bank of China rising over 3%. On the downside, the tourism sector saw a significant adjustment, with Yunnan Tourism hitting the daily limit; most software stocks declined, with Wangda Software hitting the daily limit. Individual stocks showed a general downward trend, with nearly 5,000 stocks in the Shanghai, Shenzhen, and Beijing markets in the red, and a total transaction volume of 1.71 trillion in the morning session. At the noon closing, the Shanghai Composite Index fell 1.23%, the Shenzhen Component Index fell 1.84%, and the ChiNext Index fell 1.75% ### Related Stocks - [600798.CN](https://longbridge.com/en/quote/600798.CN.md) ## Related News & Research - [Guriev: Russia is in need of a pipeline to China](https://longbridge.com/en/news/286935918.md) - [ZAWYA: KIB Group, represented by KIB Invest, acts as Joint Lead Manager in landmark $700mln Sukuk issuance by First Abu Dhabi Bank](https://longbridge.com/en/news/287054139.md) - [Russian SMEs, banks and oil sector face mounting crisis](https://longbridge.com/en/news/286898713.md) - [Elissa Slotkin Says Senate Prediction Market Ban Should Extend To Executive Branch After Suspicious Iran, Venezuela Bets](https://longbridge.com/en/news/287042776.md) - [China's Bio-Thera Gets US Nod for Golimumab Biosimilar](https://longbridge.com/en/news/286880573.md)