
Closing Review: The ChiNext Index closed down 1.36%, while oil and gas stocks surged against the trend
The three major indices adjusted throughout the day, with the ChiNext Index and the Shenzhen Component Index closing down over 1%. In terms of sectors, oil and gas stocks surged in the afternoon, with Sino Prima Gas hitting the 20% daily limit, and Blue Flame Holding and XZPT also reaching their daily limits; the short drama concept saw some strength, with Baiana Qiancheng, Ciwen Media, and Zhangyue Technology hitting their daily limits; the controlled nuclear fusion concept collectively adjusted, with Xuguang Electronics and HeDuan Intelligent hitting their daily limits; the diversified financial concept fluctuated lower, with Ruida Futures and Nanhua Futures leading the declines; the rare earth permanent magnet sector continued to pull back, with Huayang New Materials hitting its daily limit. Overall, individual stocks showed a widespread decline, with over 4,600 stocks falling. By the close, the Shanghai Composite Index was at 3,362.11 points, down 0.79%; the Shenzhen Component Index was at 10,051.97 points, down 1.21%; and the ChiNext Index was at 2,026.82 points, down 1.36%. On the market, the oil and gas extraction, gas, and film and television sectors saw the largest gains, while the controlled nuclear fusion, diversified financial, and superconducting concept sectors saw the largest declines

