China A‑shares closed lower after choppy trade. Shanghai Composite fell 0.62%, Shenzhen Composite 2.73%, ChiNext 3.97% and the Sci‑Tech Innovation 50 Index plunged 5.38%. Turnover across Shanghai and Shenzhen was 2.34 trillion yuan, up 46.2 billion yuan from the prior session. More than 3,600 stocks declined. C Changxin slipped 0.15% to 52.87 yuan on turnover near 45.0 billion yuan. Automakers outperformed; JAC Motors hit the daily limit up. MLCC names rallied in the afternoon, with Shuangxing N

China A‑shares closed lower after choppy trade. Shanghai Composite fell 0.62%, Shenzhen Composite 2.73%, ChiNext 3.97% and the Sci‑Tech Innovation 50 Index plunged 5.38%. Turnover across Shanghai and Shenzhen was 2.34 trillion yuan, up 46.2 billion yuan from the prior session. More than 3,600 stocks declined. C Changxin slipped 0.15% to 52.87 yuan on turnover near 45.0 billion yuan. Automakers outperformed; JAC Motors hit the daily limit up. MLCC names rallied in the afternoon, with Shuangxing New Materials limit up and Yunzong Technology hitting the 20% limit. CPO‑themed stocks sold off again—Dongshan Precision, Accelink Technologies and Cambridge Technology hit limit down. The memory/storage chip sector also plunged, with Tongfu Microelectronics, Huatian Technology, Yake Technology, Youyan New Materials and JCET among roughly ten stocks hitting daily limit down.