On August 20, the ChiNext Index experienced a significant drop of over 2%, while the Shanghai Composite Index and the Shenzhen Component Index also retreated, declining by 0.53% and 1.18% respectively. At the forefront of this decline were the computing power hardware sectors, encompassing CPO, liquid cooling, and power supplies. This downturn affected a broad spectrum of stocks, with nearly 4,500 equities witnessing losses across the Shanghai, Shenzhen, and Beijing stock exchanges.
