China A-shares closed lower after an intraday rebound. Shanghai Composite -1.70%, Shenzhen Composite -3.22%, ChiNext -3.69%. Oilfield services and engineering outperformed: Keli +14%, Shandong Molong hit limit-up. Robot actuator names Guoji Jinggong and Ningbo Dongli hit limit-up. Banks climbed: CITIC Bank +4%, Agricultural Bank of China +3%. Construction machinery spiked then eased; Wantong Hydraulic +21%. MLCC sector sharply retreated, with Zhenhua Technology and Bojie hitting limit-down. Prec

China A-shares closed lower after an intraday rebound. Shanghai Composite -1.70%, Shenzhen Composite -3.22%, ChiNext -3.69%. Oilfield services and engineering outperformed: Keli +14%, Shandong Molong hit limit-up. Robot actuator names Guoji Jinggong and Ningbo Dongli hit limit-up. Banks climbed: CITIC Bank +4%, Agricultural Bank of China +3%. Construction machinery spiked then eased; Wantong Hydraulic +21%. MLCC sector sharply retreated, with Zhenhua Technology and Bojie hitting limit-down. Precious metals, semiconductors, non-ferrous metals, quantum technology and wind-power equipment were weak. Shanghai–Shenzhen turnover 2.79 trillion yuan, down about 276.5 billion yuan versus the prior session. Approximately 900 stocks rose and about 4,600 fell.