Closing Review: ChiNext opened high but closed low, falling 4.25%. Computing hardware stocks plummeted, while the consumer sector performed actively

Zhitong
2025.09.04 07:01

A-shares collectively fell today. By the close, the SSE Index dropped 1.25%, the Shenzhen Index fell 2.83%, the ChiNext decreased by 4.25%, and the North 50 declined by 0.8%. The total trading volume in the Shanghai, Shenzhen, and Beijing markets was 25.819 billion yuan, an increase of 186.2 billion yuan compared to the previous day. Nearly 3,000 stocks in the entire market declined. In terms of sectors, the dairy, retail, beauty, and tourism sectors saw the largest gains; computing hardware stocks, rare earth permanent magnets, and military industry sectors experienced the largest declines. On the market, CPO, liquid-cooled servers, and computing hardware stocks collectively plummeted, with Tianfu Communication, NewEase, Zhongji Xuchuang, Cambricon, and Haiguang Information all dropping over 10% during the session. The military equipment sector showed weakness, with Construction Industrial, Great Wall Military Industry, and Inner Mongolia First Machinery hitting the daily limit down. The rare earth sector also underwent significant adjustments, with China Rare Earth hitting the daily limit down during the session. The consumer sector collectively strengthened, with dairy, retail, and tourism leading the gains, and stocks like GGITG, Anji Food, and Lingnan Holdings hitting the daily limit up. The banking sector rebounded after hitting a low in the afternoon, with Agricultural Bank rising over 5% during the session, reaching a historical high