On November 14, China's three principal stock indices commenced trading on a bearish note, all opening in the red. The Shanghai Composite Index registered a 0.56% drop, while the Shenzhen Component Index saw a steeper decline of 1.14%. The ChiNext Index, renowned for its focus on high-growth and innovative startups, took the hardest hit, plummeting by 1.74%. Among the sectors that experienced significant downturns were memory chips, precious metals, and CPO (Co-Packaged Optics), which all ranked as top losers for the day.
