On October 23, the three primary A-share indices commenced trading on a lower note and exhibited volatility throughout the session. By the midday break, the Shanghai Composite Index had retreated 1.2%, the Shenzhen Component Index had receded 1.6%, and the ChiNext Index had plummeted 2.14%.
On the sectoral front, the humanoid robot industry witnessed a partial uptick, with Ruineng Technology and Saifutian surging to their daily price ceilings for the second consecutive day. The memory chip concept was also in the limelight, with Dagang shares reaching the daily limit. The securities sector experienced a partial resurgence, marked by Hualin Securities hitting its daily ceiling.
Conversely, the cultural media sector faced a downturn, with Publishing & Media and Duzhe Media, among others, hitting their daily price floors. Sectors such as communication equipment, consumer electronics, education, and PCB concepts registered declines, while sectors like Baijiu (Chinese white liquor), banking, and insurance managed to eke out slight gains.
Total market turnover surpassed the 1 trillion yuan mark, representing an increase of over 140 billion yuan from the previous day, with more than 4,800 stocks finishing in the red.