In late trading on May 22, the ChiNext Index extended its losses to 1%, while the Shanghai Composite Index ended the day down 0.28% and the Shenzhen Component Index closed 0.73% lower. Key sectors, including chemicals, solid-state batteries, and pan-consumer goods, bore the brunt of the declines, with approximately 4,500 stocks across the Shanghai, Shenzhen, and Beijing exchanges finishing in the red, signaling a prevailing bearish market sentiment.
