A-shares closing: The Shanghai Composite Index fell 3.63%, narrowly holding above 3,800 points, with over 5,100 stocks in the entire market declining

The market experienced fluctuations throughout the day, with all three major indices closing down over 4%, and the Shanghai Composite Index narrowly holding above 3,800 points. The coal sector performed strongly against the trend, with YNCE and HYNY hitting the daily limit. Oil and gas stocks surged during the session, with Bomai Technology reaching the daily limit. The space photovoltaic concept was active, with Huamin Co. and Zhongli Group also hitting the daily limit. On the downside, the precious metals sector plummeted, with Chifeng Gold and Sichuan Gold hitting the daily limit; the tourism sector adjusted, with Three Gorges Tourism and Guilin Tourism also hitting the daily limit. Individual stocks showed a general decline, with over 5,100 stocks in Shanghai and Shenzhen falling, and today's trading volume approached 2.45 trillion. By the close, the Shanghai Composite Index fell by 3.63%, the Shenzhen Component Index fell by 3.76%, and the ChiNext Index fell by 3.49%