全球跳水！A股，尾盘突变！

Market Overview - The Asia-Pacific stock markets mostly declined, with the Nikkei 225 index down 1.77% to 50,376.53 points, and the South Korean index falling 3.81% to 4,011.57 points [1] - European stocks opened lower, with the UK FTSE 100 and Italy's FTSE MIB indices dropping over 1% [1] - A-shares showed initial strength but weakened in the afternoon, with the Shanghai Composite Index closing down nearly 1% below the 4,000-point mark [1][3] A-Shares Performance - The Shanghai Composite Index closed down 0.97% at 3,990.49 points, while the Shenzhen Component Index fell 1.93% to 13,216.03 points [3] - The ChiNext Index dropped 2.82% to 3,111.51 points, and the STAR 50 Index fell 2.72% [3] - The total trading volume in the Shanghai and Shenzhen markets was 19,806 billion yuan, a decrease of 853 billion yuan from the previous day [3] Sector Performance - Over 3,300 stocks in the market were in the red, with the semiconductor sector experiencing significant declines, particularly in storage chip concepts, where stocks like Bawei Storage and Jiangbolong fell over 10% [3][13] - Conversely, the gas and oil sectors saw strong gains, with stocks like Shouhua Gas and Heshun Oil hitting the daily limit [3][9] - The pharmaceutical sector was notably active, with stocks such as Chengda Pharmaceutical and Kangzhi Pharmaceutical reaching the daily limit of 20% [6][8] Pharmaceutical Sector Insights - The pharmaceutical sector has been supported by favorable policies since 2020, promoting a shift from generic to innovative drugs [6] - Citic Securities forecasts a positive investment trend in the pharmaceutical industry through 2026, driven by supportive policies and a return to a market pricing system based on clinical value [8] Gas and Coal Sector Performance - The gas sector saw significant gains, with stocks like Guo Xin Energy and Jingneng Thermal Power hitting the daily limit [9][10] - The coal sector also performed well, with companies like Yunmei Energy and Anyi Group reaching their daily limits [10] Storage Chip Sector Decline - The storage chip sector experienced a sharp decline, with major players like Bawei Storage and Jiangbolong dropping over 10% [13] - Concerns about the global supply-demand imbalance in the storage chip market were exacerbated by poor earnings reports from companies like Kioxia, which reported a 60% drop in net profit [15]