On July 7, the A-share market underwent a day of fluctuating adjustments. The Shanghai Composite Index dipped below the critical 4000-point threshold, while both the Shenzhen Component Index and the ChiNext Index also witnessed declines. Across the Shanghai, Shenzhen, and Beijing stock exchanges, nearly 4,800 stocks experienced a downturn. The total trading volume reached nearly 2.6 trillion yuan, marking a significant decrease of over 510 billion yuan compared to the previous trading day. Amidst the overall market downturn, the semiconductor industry chain demonstrated resilience, with several stocks reaching their daily price limits. Additionally, gaming stocks staged a rally during the trading session, with Seaway Entertainment surging by over 10%. On the other hand, sectors such as innovative drugs and computing power leasing underwent adjustments, with multiple stocks also hitting their daily price limits.
