The Shanghai Composite Index rose and then fell throughout the day, while the ChiNext Index dropped over 2% during the session. Film and television stocks continued to perform strongly, with OMNIJOI and Jinyi Media hitting the daily limit. Baby and children's concept stocks surged in the afternoon, with Sunshine Dairy and Anzheng Fashion hitting the daily limit. Pharmaceutical stocks rose and then fell back, with Chenxin Pharmaceutical and Foci Pharmaceutical hitting the daily limit. On the downside, stablecoin concept stocks collectively adjusted, with Dongxin Peace hitting the daily limit. More stocks fell than rose, with today's trading volume exceeding 1.8 trillion. By the close, the Shanghai Composite Index was up 0.17%, the Shenzhen Component Index was down 0.77%, and the ChiNext Index was down 1.62%