Closing: Shanghai Composite Index fell 0.81% in volatile trading, with rare metals and computing power leasing sectors collectively weakening.

Today, the three major A-share indexes collectively fell. As of the close, the Shanghai Composite Index fell by 0.81%, the Shenzhen Component Index fell by 0.65%, the ChiNext Index fell by 0.22%, and the BeiXin50 Index fell by 1.03%. The total turnover of the Shanghai, Shenzhen, and Beijing markets was 2.4173 trillion yuan, a decrease of 43.3 billion yuan from the previous day, with more than 3800 stocks in the three markets falling. In terms of sector themes, wind power equipment, fertilizers, liquor, coal chemical industry, batteries, banks, and vitamins sectors led the gains; while non-ferrous metals, power grid equipment, computing power leasing, diversified finance, electricity, diamond cultivation, liquid cooling servers, and military equipment sectors led the declines. On the market front, the conflict in the Middle East disrupted fertilizer transportation, leading to speculation in fertilizer and phosphate chemical related sectors. Luhua Technology rose for two consecutive days, while Chitianhua and Jinzhongda hit the daily limit up. The global power shortage logic is becoming more prominent, with active performance in the battery and energy storage sectors, and Wanli Shares and Putailai both hit the daily limit up. In addition, sectors such as liquor, banks, and vitamins saw some unusual movements, but the speculative atmosphere was average. On the other hand, many stocks in the non-ferrous metals sector experienced significant declines, with tungsten leading the way. In the midday session, Zhongtung High-Tech and Zhangyuan Tungsten industry hit the limit down, while Xiamen Tungsten industry and Xianglu Tungsten industry followed suit. Similarly, the cloud computing and computing power leasing sectors also performed poorly, with OKEx falling by more than 10% in the closing session, and Aofei Data and Shunwang Technology both falling.