On October 29, 2026, the three principal A-share indices experienced a collective downturn at the market opening. The Shanghai Composite Index commenced trading with a 0.13% decline, while the Shenzhen Component Index dropped by 0.82%, and the ChiNext Index tumbled 1.46%. Among the sectors witnessing the most significant downturns were those related to physical AI, advanced packaging, and GPU concepts. Notably, Unitree Technology's stock plummeted by over 6%, with Jingzhida and Moore Threads also seeing declines exceeding 3%, and MetaX nearing a 2% drop. Conversely, the shipping, precious metals, and construction machinery sectors emerged as the frontrunners in gains, with COSCO Shipping Specialized Carriers surging over 7%, Shanghai HuGong climbing more than 6%, and Shandong Gold International advancing over 1%.
