Market Overview - The market experienced a narrow fluctuation throughout the day, with the three major indices showing slight declines. The Shanghai Composite Index fell by 0.12%, the Shenzhen Component Index decreased by 0.26%, and the ChiNext Index dropped by 0.38% [1][2]. - The total trading volume in the Shanghai and Shenzhen markets was 1.71 trillion yuan, a decrease of 115.3 billion yuan compared to the previous trading day [1][6]. Index Performance - The Shanghai Composite Index closed at 3635.13, down 0.12%, with 1096 stocks rising and 1132 stocks falling [2]. - The Shenzhen Component Index ended at 11128.67, down 0.26%, with 1295 stocks rising and 1502 stocks falling [2]. - The ChiNext Index closed at 2333.96, down 0.38%, with 511 stocks rising and 848 stocks falling [2]. Sector Performance - Sectors that performed well included Xinjiang local stocks, high-speed rail, super hydropower, and electricity, with notable gains in stocks like Bayi Steel [3]. - Conversely, sectors that saw declines included multi-modal AI, Huawei Ascend, semiconductors, and e-commerce, with AI application stocks experiencing significant drops, including some falling over 10% [3][2]. Market Sentiment - The overall market sentiment was mixed, with over 2800 stocks declining and only 2429 stocks rising. There were 72 stocks hitting the daily limit up, while 2 stocks hit the limit down [5]. - The market heat index was recorded at 41, indicating a relatively low level of trading enthusiasm [6].