On November 3, the three major A-share indices opened lower and extended their losses in the morning session, with the ChiNext Index plunging over 2% before quickly rebounding, and the Shenzhen Component Index and ChiNext Index briefly turning positive. By late morning, the indices weakened again, with the STAR 50 Index dropping more than 3%. As of midday, the Shanghai Composite Index was down 0.71%, the Shenzhen Component Index down 0.16%, and the ChiNext Index down 0.94%. Turnover across the two markets exceeded 900 billion yuan, with more than 3,300 individual stocks advancing. Sector-wise, film and television cinema and cultural media held steady, gaming and pork led the gainers, and the battery sector saw active trading; the AI hardware sector fluctuated lower, with CPO and memory chip segments showing weakness, while oil shipping and innovative drugs came under pressure.
