A-share Year of the Snake concludes: Three major indices collectively decline, over 3,800 stocks in the market turn red

36Kr learned that as the Year of the Snake comes to a close for A-shares, the three major indices collectively fell, with the Shanghai Composite Index down 1.26%, the Shenzhen Component Index down 1.28%, and the ChiNext Index down 1.57%; the optical module concept weakened, with AFR hitting the daily limit down, EverProX falling over 10%, and Tianfu Communication down over 5%; cyclical stocks collectively declined, with non-ferrous metals and oil & gas sectors leading the drop, as China Petroleum and Zijin Mining fell over 4%, and China Petrochemical and China National Offshore Oil Corporation fell over 3%; semiconductor and military stocks strengthened, with Andawell and Aero Engine Corporation hitting the daily limit up; most individual stocks fell, with over 3,800 stocks in the entire market showing red