Closing Review: The ChiNext Index closed down nearly 3%, with over 4,000 stocks declining in both markets

All three major indices closed lower, with the ChiNext Index down nearly 3%. In terms of sectors, the banking sector was strong, with Chongqing Rural Commercial Bank and SHRCB leading the gains; the PEEK materials concept was active, with Huami New Materials and Weike Technology among the top gainers; the automotive parts sector rebounded from the bottom, with Sunny Optical Technology hitting the daily limit, and Chunxing Precision and Rongtai Co., Ltd. also hitting the limit; on the downside, computing hardware stocks were broadly in the red, with Dekor leading the decline, down over 14%; the digital currency sector fell into a correction, with Dongxin Pingan, Zhongke Jincai, StarNet Ruijie, Jingbeifang, and Hengbao Co., Ltd. hitting the daily limit; consumer electronics continued to adjust, with Longyang Electronics and Zhishang Technology among the top decliners. Overall, individual stocks showed a widespread decline, with over 4,000 stocks falling. By the close, the Shanghai Composite Index was at 3,858.13 points, down 0.45%; the Shenzhen Component Index was at 12,553.84 points, down 2.14%; and the ChiNext Index was at 2,872.22 points, down 2.85%. On the market, the banking, precious metals, and PEEK materials sectors led the gains, while communication equipment, F5G concept, and components sectors led the declines