Today, the stock market indices presented a mixed bag of performances. The ChiNext Index tumbled by more than 2%, while the Shanghai Composite Index eked out a meager 0.02% gain. Meanwhile, the Shenzhen Component Index took a hit, dropping 1.08%. Across the Shanghai, Shenzhen, and Beijing markets, over 2,800 stocks ended up in the red. Sectors like computing hardware, semiconductor chips, and AI applications were particularly hard-hit, experiencing notable declines.

Both Zhongji Innolight and Yostar witnessed trading volumes surpassing RMB 10 billion, but this surge in activity was accompanied by steep drops in their stock prices. Furthermore, a number of stocks within the AI application sector also succumbed to downward pressure.

Over in Hong Kong, the Hang Seng Tech Index extended its losing streak, shedding 2% of its value. Chip stocks, among others, also found themselves on the decline.

In the overnight U.S. stock market, software stocks came under selling pressure, triggered by Anthropic's unveiling of a new tool. Investors are keeping a close eye on how the software industry will navigate the risks associated with AI business. Despite the fact that Wall Street's 2026 forecasts have already factored in the threats posed by AI disruption, investors remain on high alert.

Additionally, Alphabet's latest project cast a shadow over video game stocks. During this earnings season, software companies have underperformed compared to their peers in other tech sectors.