Core Points - The major indices of A-shares have experienced a further decline, with the Shenzhen Component Index dropping by 2% [1] - The Shanghai Composite Index has decreased by 0.71% [1] - The ChiNext Index has seen a decline of 2.35% [1]

Group 1 - The A-share major indices rebounded in the afternoon, with the ChiNext index turning positive after a decline of over 2% in the morning session [1] - The Shenzhen Component Index's decline narrowed to 0.11% [1]

Core Points - The A-share major indices experienced a rebound after initially dipping, with the ChiNext index turning positive after a drop of over 1% at the beginning of the trading session [1] - The Shanghai Composite Index narrowed its decline to 0.07%, while the Shenzhen Component Index reduced its drop to 0.06% [1] Index Performance Summary - Shanghai Composite Index: 3913.52, down 2.81, -0.07% [2] - ChiNext Index: 3084.45, up 0.73, +0.02% [2] - Shenzhen Component Index: 13068.94, down 8.38, -0.06% [2] - CSI 300 Index: 4600.74, down 7.14, -0.15% [2] - SSE 50 Index: 3003.14, down 4.13, -0.14% [2] - North Securities 50 Index: 1486.65, up 28.22, +1.94% [2] - Science and Technology Index: 1398.95, down 7.36, -0.52% [2]

Core Insights - Since August 2025, major A-share indices have broken through key resistance levels, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all surpassing the highs of October 2024 [2] - In August, concept indices such as the optical module (CPO) index, stock trading software index, and optical communication index have shown significant gains, leading the market [2]

Market Performance - A-shares showed strong performance with major indices rising, particularly the ChiNext Index which increased by over 1% [1] - The Shanghai Composite Index rose by 0.38%, closing at 3858.29 points, while the Shenzhen Component Index increased by 0.58%, closing at 12643.68 points [2] - The Northbound 50 Index saw a notable increase of 2.47%, closing at 1592.75 points [2] Sector Performance - Key sectors that led the gains included the financial sector, liquor, non-ferrous metals, and battery industries [1] - Nearly 2300 stocks in the Shanghai and Shenzhen markets experienced price increases [1]