Market Overview - On November 21, A-shares experienced a significant decline, with the Shanghai Composite Index dropping by 2.45%, the Shenzhen Component Index falling by 3.41%, and the ChiNext Index decreasing by 4.02% [5] - A total of 354 stocks rose, while 5,072 stocks fell, with 99 stocks hitting the daily limit down [6][7] - The total trading volume reached approximately 1,983.6 billion [7] Sector Performance - AI application sectors showed resilience amid the market downturn, with stocks like Vision China and Ji Qi Software hitting the daily limit up [8] - The military industry sector was also active, with Longxi Co. and Jiuzhiyang seeing significant gains [10] - Conversely, lithium mining stocks faced a collective decline, with companies like Tianqi Lithium and Ganfeng Lithium hitting the daily limit down [12] - The storage chip sector experienced a substantial adjustment, with stocks such as Demingli and Dagang Co. also hitting the daily limit down [13] External Influences - The sharp decline in the market was influenced by a significant drop in the US stock market the previous night, alongside a sell-off in cryptocurrencies, with Bitcoin falling below $86,000, which heightened market caution [15][16] - Concerns over high valuations and heavy capital expenditures by tech giants contributed to the market's downward pressure, particularly following Nvidia's disappointing stock performance [17] - Analysts noted that the market's reaction was not driven by a single catalyst, but rather a combination of factors including skepticism about the sustainability of AI-driven growth and a strong employment report that suggested the Fed's rate cuts may have peaked [18]

Market Overview - On November 21, A-shares experienced a significant decline, with the Shanghai Composite Index dropping by 2.45%, the Shenzhen Component Index falling by 3.41%, and the ChiNext Index decreasing by 4.02% [1] - A total of 354 stocks rose, 33 stocks hit the daily limit up, while 5072 stocks fell, with 99 stocks hitting the daily limit down [2] Stock Performance - The AI application sector showed resilience amid the market downturn, with stocks like Vision China (000681) and Jiuxi Software (002279) hitting the daily limit up [4] - The military industry sector was also active, with Longxi Co. (600592) hitting the daily limit up and Jiuzhiyang (300516) rising over 10% [6] - Conversely, lithium mining stocks faced a collective decline, with companies such as Tianqi Lithium (002466) and Ganfeng Lithium (002460) hitting the daily limit down [8] - The storage chip sector saw significant adjustments, with stocks like Demingli (001309) and Dagang Co. (002077) hitting the daily limit down [10] Market Sentiment and Influences - The sharp decline in the market was influenced by a significant drop in the US stock market overnight, which affected investor sentiment across Asia-Pacific markets [12] - Concerns over high valuations and heavy capital expenditures by tech giants contributed to the market's cautious mood, with Nvidia's stock dropping by 3.2% following optimistic earnings expectations [13] - The recent statements from multiple Federal Reserve officials regarding the caution against premature interest rate cuts have further fueled uncertainty in the market [13] - Analysts view the current market correction as a technical adjustment rather than the beginning of a prolonged downturn, despite rising volatility [13] Broader Economic Context - The US stock market's decline lacked a clear trigger, with various explanations emerging, including doubts about the profitability of AI projects and a strong employment report that suggested the Fed's rate cuts may have peaked [14] - The drop in Bitcoin to a six-month low also signaled a risk-off sentiment among investors, contributing to the overall market decline [14]

Core Viewpoint - The storage chip sector has experienced significant adjustments, leading to a sharp decline in stock prices for several companies, including Shikong Technology, which hit its daily limit down [1] Group 1: Company Performance - Shikong Technology reached its daily limit down, indicating a severe drop in stock value [1] - Other companies such as Shannon Chip, Purun Co., Jiangbolong, Demingli, Shenkong Co., and Baiwei Storage also saw declines in their stock prices, reflecting a broader trend in the storage chip market [1]

Market Performance - Major Asia-Pacific stock indices closed mostly lower, with the Nikkei 225 index down 2.4% and the Korean Composite Index down 3.78% [1] - The A-share market experienced fluctuations, with the Shanghai Composite Index down 2.45%, the Shenzhen Component down 3.41%, and the ChiNext Index down 4.02% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.98 trillion, an increase of 261 billion compared to the previous trading day [1] Sector Performance - The AI application sector showed strength, with Rongji Software (002474) achieving five consecutive trading limits [1] - The military industry sector performed actively, with Jiuzhiyang (300516) hitting the upper limit, while Jianglong Shipbuilding (300589) and Tianhai Defense (300008) also saw significant gains [1] - The lithium battery industry chain faced a collective adjustment, with multiple stocks, including Shengxin Lithium Energy (002240), hitting the lower limit [1] - The semiconductor, consumer electronics, photovoltaic, and fintech sectors experienced notable declines [1] Notable Stocks - N Dapeng, a new stock on the Beijing Stock Exchange, surged over 1500% intraday and closed up 1211.11%, with a turnover rate exceeding 98% [2] - The stock is involved in the production of specialized intelligent equipment for industrial precision cleaning, primarily used in vehicle powertrains and core components of new energy systems [2] - The stock of HeFu China (603122) opened significantly lower and quickly fell to the limit down after a previous surge [3] International Market Trends - The Nikkei 225 index closed at 48,625.88, down 2.4%, and has decreased 3.48% for the week [4] - Major weight stocks in Japan, particularly AI concept stocks, saw significant declines, with Advantest down 12.1% and SoftBank Group down 10.9% [4] - The Hang Seng Index in Hong Kong fell 2.13%, with notable declines in JD Health, SMIC, and Alibaba [3] Commodity Prices - Gold prices fell by 1.13% to $4,030.51 per ounce, while silver dropped by 2.7% to $49.262 per ounce [6] - Oil prices also declined, with NYMEX WTI crude down 1.25% to $58.26 per barrel and ICE Brent crude down 1.1% to $62.68 per barrel [7] - Cryptocurrencies continued their downward trend, with Bitcoin, Ethereum, and Dogecoin all dropping over 7%, marking Bitcoin's first drop below $87,000 since April [6]

Market Performance - The three major A-share indices opened lower and experienced a downward trend throughout the day, with the Shanghai Composite Index closing down 2.45% at 3834.89 points, falling below the 3900-point mark [1] - The Shenzhen Component Index and the ChiNext Index fell by 3.41% and 4.02%, closing at 12538.07 points and 2920.08 points respectively [1] Sector Performance - The energy metals sector saw significant declines, with stocks such as Tibet Mining and Shengxin Lithium Energy hitting the daily limit down [1] - The storage chip sector also weakened, with companies like Demingli and Dawi Shares experiencing daily limit down [1] - Only three sectors, namely shipbuilding, Kimi concept, and Sora concept, showed positive performance on that day [1] Individual Stock Performance - A total of 354 A-shares rose, with 33 stocks hitting the daily limit up, while 5072 stocks declined, including 99 stocks hitting the daily limit down [1] - Notably, the newly listed stock Dapeng Industrial on the Beijing Stock Exchange surged on its first trading day, with an intraday increase of over 1600%, ultimately closing up 1211.11%, marking the largest first-day gain for a new stock this year [1] Trading Volume - The trading volume for the Shanghai Stock Exchange was approximately 824.93 billion yuan, while the Shenzhen Stock Exchange recorded about 1.14 trillion yuan, leading to a combined trading volume of around 1.97 trillion yuan [1]

Market Overview - On November 21, A-shares experienced a collective decline, with the Shanghai Composite Index falling by 2.45% to close at 3834.89 points, breaching the 3900-point mark [1] - The Shenzhen Component and ChiNext Index dropped by 3.41% and 4.02%, closing at 12538.07 points and 2920.08 points respectively [1] Sector Performance - The energy metals sector led the declines, with stocks such as Tibet Mining and Shengxin Lithium Energy hitting the daily limit down [1] - The storage chip sector also weakened, with companies like Demingli and Dawi Shares experiencing significant losses [1] - Only three sectors, namely shipbuilding, Kimi concept, and Sora concept, showed positive performance on that day [1] Individual Stock Movements - A total of 354 A-shares rose, with 33 stocks hitting the daily limit up, while 5072 stocks fell, including 99 stocks hitting the daily limit down [1] - Notably, the newly listed stock Dapeng Industrial on the Beijing Stock Exchange surged on its first trading day, peaking with an increase of over 1600% and ultimately closing up 1211.11%, marking the largest first-day gain for a new stock this year [1] Trading Volume - The trading volume for the Shanghai Stock Exchange reached approximately 8249.31 billion yuan, while the Shenzhen Stock Exchange recorded about 11407.3 billion yuan, leading to a combined trading volume of around 1.97 trillion yuan [1]

Market Overview - The market experienced significant fluctuations on November 21, with the Shanghai Composite Index falling over 2% and the ChiNext Index dropping more than 4% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1.97 trillion yuan, an increase of 257.5 billion yuan compared to the previous trading day [1] - Nearly 5,100 stocks in the market declined, indicating a widespread downturn [1] Sector Performance - The AI application sector showed resilience, with Rongji Software achieving five consecutive trading limits [1] - The military industry sector was active, with stocks like Jiuzhiyang hitting the daily limit, while Jianglong Shipbuilding and Tianhai Defense saw significant gains [1] - Conversely, the lithium battery industry chain faced a collective adjustment, with stocks such as Shengxin Lithium Energy hitting the daily limit down [1] - The organic silicon concept experienced a rapid decline, with Chenguang New Materials also hitting the daily limit down [1] - The storage chip sector continued to weaken, with Demingli and Shikong Technology hitting the daily limit down [1] Index Performance - By the end of the trading session, the Shanghai Composite Index fell by 2.41%, the Shenzhen Component Index decreased by 3.41%, and the ChiNext Index dropped by 4.02% [1]

截至收盘，沪指跌2.45%，深成指跌3.41%，创业板指跌4.02%。 盘面上个股普跌，全市场近5100只个股下跌，99只个股跌停。从板块来看，AI应用概念逆势走强，榕基软件5连板。军工板块表现活跃，久之洋20cm 触及涨停，江龙船艇、天海防务逆势大涨。下跌方面，锂电池产业链集体调整，盛新锂能等多股跌停。有机硅概念快速下跌，晨光新材跌停。存储 芯片概念持续走弱，德明利、时空科技跌停。 板块方面，中船系、AI应用等板块涨幅居前，电池、硅能源、锂矿等板块跌幅居前。 今日A股市场全天震荡调整，沪指跌超2%，创业板指跌超4%。沪深两市成交额1.97万亿，较上一个交易日放量2575亿。 准确 快速 权威 专业 下载财联社APP获取更多资讯 7x24h电报 头条新闻 VIP资讯 实时盯盘 ...

Market Overview - The market experienced a significant decline, with the Shanghai Composite Index falling over 2% and the ChiNext Index dropping over 4% [1][2] - The total trading volume in the Shanghai and Shenzhen markets reached 1.97 trillion yuan, an increase of 257.5 billion yuan compared to the previous trading day [1] Stock Performance - Nearly 5,100 stocks in the market declined, with the Shanghai Composite Index closing down 2.41%, the Shenzhen Component Index down 3.41%, and the ChiNext Index down 4.02% [2] - The AI application sector showed resilience, with stocks like Rongji Software achieving a five-day consecutive limit-up [2] - The military industry sector was active, with stocks such as Jiuziyang hitting the daily limit and Jianglong Shipbuilding and Tianhai Defense also rising [2] - Conversely, the lithium battery supply chain experienced a collective adjustment, with multiple stocks like Shengxin Lithium Energy hitting the daily limit down [2] - The organic silicon sector saw a rapid decline, with stocks like Chenguang New Materials hitting the daily limit down [2] - The storage chip sector continued to weaken, with stocks such as Demingli and Shikong Technology hitting the daily limit down [2] Trading Metrics - The limit-up rate was recorded at 58.00%, with 28 stocks hitting the limit and 20 stocks touching the limit-up [4] - The performance of stocks that hit the limit-up yesterday showed a slight decline of 0.82% today [4] - The opening rate for stocks was 44% [4]

Market Overview - The market experienced a day of volatility with all three major indices declining, with the ChiNext Index falling over 4% and the Shanghai Composite Index down more than 2% [1][2] - A total of over 5000 stocks declined, indicating a broad market downturn [1] Sector Performance - The military industry sector showed localized activity, with companies like Jiuzhiyang and China Shipbuilding Defense leading in gains [1] - The lithium mining sector saw significant pullbacks, with stocks such as Ganfeng Lithium and Shengxin Lithium Energy hitting the daily limit down [1] - Storage chip stocks continued to decline sharply, with companies like Purun and Xiangnong Chip Innovation dropping over 10% [1] - The photovoltaic equipment sector also faced collective adjustments, with Jincheng Co. hitting the daily limit down [1] Closing Figures - The Shanghai Composite Index closed at 3834.89 points, down 2.45% - The Shenzhen Component Index closed at 12538.07 points, down 3.41% - The ChiNext Index closed at 2920.08 points, down 4.02% [2]