The three major indices collectively adjusted, while the North Exchange 50 rose against the trend, once increasing by more than 2%. In terms of sectors, Xiaohongshu concept stocks continued to explode, with Onechance and Fushikongguo both hitting the 20% daily limit; Sanwei Communication and Yili Media also reached the daily limit during the session; the photovoltaic equipment sector rose, with FLAT and Junda Co., Ltd. hitting the daily limit; the IP economy concept became active again, with Fuchun Technology and Aofei Entertainment hitting the daily limit; oil and gas stocks fell into a correction, with Zhun Oil Co., Ltd. leading the decline; the photolithography machine concept weakened, with Tongfei Co., Ltd. and Maolai Optics experiencing significant declines; AI smartphone concept stocks fluctuated lower, with Changying Precision and Crystal Optoelectronics leading the decline. Overall, more stocks fell than rose, with over 3,300 stocks declining. On the market, Xiaohongshu concept, Kuaishou concept, and the internet e-commerce sector had the largest gains, while the sci-tech innovation new stocks, oil and gas extraction, and glyphosate sectors had the largest declines