Jing Ji Guan Cha Wang·2025-10-17 03:01Core Viewpoint - A-shares experienced a decline in major indices, with the Shanghai Composite Index dropping over 1% and the ChiNext Index falling more than 2.4%, while traditional sectors like steel, transportation, banking, and coal showed resilience with gains [1] Group 1: Market Performance - The banking index rose over 1% in early trading, with Agricultural Bank of China (601288) leading the gains, rising more than 2.6% and reaching a historical high [1] - As of October 16, the market capitalization of Agricultural Bank of China reached 2.39 trillion yuan, maintaining its position as the largest in A-shares, with a gap of over 330 billion yuan from the second-largest [1] - A-shares market turnover has been declining, with the trading volume falling below 2 trillion yuan for the first time in 40 trading days on October 16 [1] Group 2: Sector Performance - Growth stocks represented by the ChiNext and STAR Market have shown signs of weakness, with indices in media, electronics, telecommunications, and computers all dropping over 4% in October, ranking among the top four in industry declines [1]