Market Overview - The market experienced a significant decline, with major indices such as the Shanghai Composite Index, Shenzhen Component Index, ChiNext Index, and STAR Market Index dropping by 1.25%, 2.83%, 4.25%, and 6% respectively, while the micro-cap index rose by 0.49% [4] - A total of nearly 3,000 stocks fell, while around 2,200 stocks rose, with a total trading volume of 2.55 trillion [5] Technology Sector - The technology sector faced a substantial downturn, with various sub-sectors like CPO, DRAM, and AI computing chips experiencing declines of over 4%, and CPO dropping nearly 9% [8] - Notable stocks such as Dongxin Technology and Xinyi Technology saw declines of 17.04% and 15.58% respectively, contributing to a total loss of approximately 139.87 billion [7][8] - The overall sentiment in the tech sector was negative, with many stocks falling sharply, indicating a significant "money-losing effect" in the recent volatile market [8] Consumer Sector - The consumer sector showed resilience, with retail, food, and dairy stocks rising by 2.67%, 1.33%, and 3.44% respectively, amidst the broader market decline [16] - Key players like Eurasia Group, Huijia Times, and Youhao Group reached their daily limit up, indicating strong performance in the retail segment [15] - Other consumer-related sectors such as tourism, breeding, and pet economy also experienced notable rebounds [16] Solid-State Battery Sector - The solid-state battery and lithium battery sectors initially surged but later experienced a slight decline, with stocks like Lijia Technology and Tianhong Lithium Battery hitting their daily limit up [25][26] - The market showed interest in companies related to solid-state battery packaging, with one company, Hongyu Packaging, achieving a remarkable 185% increase over four days [30][32] Huawei's New Product Launch - Huawei held a product launch event showcasing the Mate XTs and revealed the long-anticipated Kirin processor, which generated significant market interest [21] - The event was marked by a notable rebound in stocks like Shenzhen Huaqiang and Liyuan Information, reflecting positive sentiment towards Huawei's innovations [21]