The three major A-share indices closed collectively lower, with AI application sectors leading the decline

36Kr learned that the three major indices of A-shares closed collectively lower, with the Shanghai Composite Index down 0.51%, the Shenzhen Component Index down 0.78%, and the ChiNext Index down 1.12%; AI applications and consumer electronics concepts led the decline, with SMEI approaching the limit down, ZTE Corporation and 360 Security Technology Inc. down over 4%, and Zhongji Xuchuang down over 3%; the cultivated diamond and energy equipment sectors strengthened against the trend, with Huanghe Xuanfeng and Jerry Holding Corporation hitting the limit up, and Power Diamond rising over 5%

The three major A-share indices closed lower collectively

PINGTAN DEVELOPMENT and FUJIAN EXPRESSWAY hit the daily limit, while Haixia Development and SMEI rose over 10%; cross-strait integration and consumer electronics concepts led the decline, with lithium batteries and CRO concepts experiencing significant drops; the Shanghai Composite Index fell 0.42%, the Shenzhen Component Index fell 0.68%, and the ChiNext Index fell 0.69%

The three major A-share indices of Shanghai and Shenzhen fell by 0.6% to 0.9% in the first half of the day, with domestic banks and chip stocks showing weakness, while retail and computing power stocks rose against the trend

The three major A-share indices fell by 0.6% to 0.9% in the first half of the day, with weak performance in the banking and chip sectors, while retail and computing power stocks rose against the trend. The central parity rate of the RMB against the USD was lowered, and the People's Bank of China conducted reverse repurchase operations. The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all declined. In terms of individual stocks, Industrial and Commercial Bank of China, China Construction Bank, and Contemporary Amperex Technology Co., Ltd. fell, while BYD rose. Retail stocks such as MAOYE COMMERCIAL hit the daily limit, and computing hardware stocks like SMEI surged. Among chip stocks, SMIC and Hua Hong fell

In the half-day session, main funds increased their positions in electronic stocks and sold off defense and military industry stocks

In the morning, the main funds had a net inflow into sectors such as electronics, communications, and power equipment, while there was a net outflow from sectors like defense and military industry, computers, and agriculture, forestry, animal husbandry, and fishery. Specifically, in terms of individual stocks, SMEI, NHD, and Eoptolink saw net inflows of 1.662 billion yuan, 1.593 billion yuan, and 1.466 billion yuan, respectively. On the outflow side, Aerospace Development, Rongji Software, and Guofeng New Materials were sold off with net outflows of 615 million yuan, 495 million yuan, and 488 million yuan, respectively. (First Financial)

6G concept stocks generally rose, among which SUNWAY COMM and CZT rose over 6%, SPEED and Tianyin Electromechanical rose over 5%, SMEI rose over 4%, and PRET rose over 3%