The market experienced a volatile day, with an initial rise followed by a sharp decline, resulting in collective falls across the three major indices. Over 4,700 stocks closed in the red, and the total trading volume surpassed the significant threshold of 3 trillion yuan. Within the sectors, stocks related to computing power hardware, such as CPO, remained active, while chip stocks saw a temporary surge during the session, with Cambricon's gains exceeding 10%. Conversely, the innovative drug and real estate sectors suffered losses, with several stocks experiencing sharp declines.