September 23rd midday closing review: All three major indices fell over 1%, with nearly 5,000 stocks in the entire market declining

Wallstreetcn
2025.09.23 03:31

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%