第一财经·2025-12-10 03:46Market Overview - The A-share market showed a downward trend with the Shanghai Composite Index down 0.72%, Shenzhen Component Index down 0.56%, and ChiNext Index down 1.23% at midday [3][4]. - The total trading volume in the Shanghai and Shenzhen markets reached 1.14 trillion yuan, a decrease of 118.4 billion yuan compared to the previous trading day, with over 3,800 stocks declining [5]. Sector Performance - The computing hardware industry chain experienced a decline, particularly in server and storage sectors, while sectors such as photovoltaic, ultra-hard materials, AI applications, and consumer electronics also saw significant drops [4]. - Conversely, sectors like Hainan Free Trade Zone, duty-free shopping, lithium mining, and retail concepts performed well, with Hainan Free Trade Zone rising by 3.51% [5]. Notable Stocks - Precious metals stocks surged, with companies like Xiaocheng Technology rising over 9%, and Hunan Silver, Shandong Gold, and Zhaojin Mining also seeing gains [6]. - Small metal stocks strengthened, with Yunnan Zhenye increasing over 6% [7]. - In the Hong Kong market, lithium battery stocks showed strength, with Ganfeng Lithium up 5.17% and Tianqi Lithium up 3.31% [9]. Trading Dynamics - The market saw a significant drop in trading volume, with the total exceeding 5 trillion yuan but down over 200 billion yuan compared to the same time the previous day [12]. - The A-share indices opened lower, with the Shanghai Composite down 0.21%, Shenzhen Component down 0.20%, and ChiNext down 0.26% [15][16]. Economic Indicators - The People's Bank of China conducted a 1,898 billion yuan reverse repurchase operation with a rate of 1.40%, while 793 billion yuan of reverse repos matured today [19]. - The central bank adjusted the RMB to USD exchange rate to 7.0753, an increase of 20 basis points from the previous day [20].