Venture(US:VEMLY) Ge Long Hui·2025-10-17 03:41Market Overview - The three major A-share indices collectively declined in the morning session, with the Shanghai Composite Index down by 1% to 3877.2 points, the Shenzhen Component Index down by 1.99%, and the ChiNext Index down by 2.37% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 11.89 billion yuan, a decrease of 34 billion yuan compared to the previous day, with over 4100 stocks declining [1] Sector Performance - Gold stocks continued to rise, with Western Gold increasing by over 5%, and Shandong Gold and China National Gold both rising by over 3%. Spot gold prices surpassed 4380 USD per ounce, marking a five-day consecutive high [1] - The coal mining and processing sector showed localized activity, with Dayou Energy achieving four consecutive trading limits and Antai Group hitting the daily limit, driven by increased demand for downstream coal stockpiling as winter approaches [1] - Banking stocks performed well against the trend, with Agricultural Bank of China rising for eight consecutive days to reach a historical high, and Qingdao Bank and Xiamen Bank both increasing by over 2% [1] - The port and shipping sector rebounded, with Haitong Development achieving two consecutive trading limits and Xiamen Port Authority hitting the daily limit [1] Declining Sectors - The photovoltaic equipment sector experienced significant declines, with Tongrun Equipment falling by over 9%, and Sunshine Energy and Haiyou New Materials both dropping by approximately 8% [1] - The cultivated diamond sector also faced adjustments, with Power Diamond, Yellow River Spiral, and Huifeng Diamond all decreasing by over 8% [1] - The CPO concept continued to decline, with Shijia Photon dropping by over 18% and Zhongfu Circuit falling by over 10% [1]