Closing Summary: The Shanghai Composite Index opened high, fell low, and closed down 0.40%. More than 3850 individual stocks in the market experienced a decline.

The three major A-share indexes collectively fell. As of the close, the Shanghai Composite Index fell by 0.40%, the Shenzhen Component Index fell by 0.76%, the ChiNext Index fell by 1.12%, and the Beixin 50 Index fell by 1.00%. The total turnover in Shanghai, Shenzhen and Beijing was 1.7226 trillion yuan for the whole day, a decrease of 20 billion yuan compared to the previous day. Over 3850 stocks in the entire market declined. In terms of sectors and themes, the Hainan, banking, and lithium sectors rose, while the China Shipbuilding series and tourism sectors adjusted. On the market, the Hainan sector fluctuated and rose, with Hainan Haiyao hitting the daily limit. The banking sector was strong across the board, with Bank of China rising over 4% and Construction Bank rising nearly 3%. The lithium sector remained strong, with Weiling shares hitting the limit up and Shengxin Lithium Energy rising by nearly 7%. The China Shipbuilding series sector adjusted, with all stocks in the sector falling, and China Ship Special Gas falling by over 5%. The tourism sector weakened, with Nanjing Hotel Travel and Yunnan Tourism falling by over 6%.