A-share Market Close: ChiNext Index Falls Nearly 4%, Combined Turnover of Shanghai and Shenzhen Markets Shrinks by Over 460 Billion Yuan

PANews, November 6 - According to Cailian Press, the market opened sharply lower and then fluctuated weakly, with the ChiNext Index falling nearly 4% and the STAR 50 Index surging and then pulling back. The turnover of the Shanghai and Shenzhen stock markets was 1.66 trillion yuan, a decrease of 460.2 billion yuan from the previous trading day. More than 4,700 stocks across the market declined. On the board, themes rotated weakly. AI comic-drama stock Zhewen Pictures hit a 5-day limit-up streak, while City Media and Shanghai Film hit the limit up; in agriculture, Wanxiang Denong rose by the daily limit for the second time in three days, Xinsai Shares hit the limit up, and Qiule Seed Industry rose more than 10%; the power sector strengthened during intraday trading, with Xinneng Shares, Lixin Energy, and Dongfang Xinneng hitting the limit up; photovoltaic concept stocks remained active repeatedly, with Yongzhen Shares extending its limit-up streak to four days, and Rizhao Dongfang and Ancai Hi-Tech hitting the limit up; the banking sector rose against the trend, with Shanghai Rural Commercial Bank up more than 4%. On the decline side, computing power hardware stocks led the losses, with Cambridge Technology and Aohong Electronics hitting the limit down, while Foxconn Industrial Internet and Shengyi Technology fell sharply. As of the close, the Shanghai Composite Index fell 1.1%, the Shenzhen Component Index fell 2.57%, and the ChiNext Index fell 3.96%.