China’s A-share markets extended losses in afternoon trading, with all major indices deepening their declines. The Shanghai Composite Index dropped 1%, while the Shenzhen Component Index fell 1.5% and the tech-heavy ChiNext Index plunged 1.82%. The sell-off was broad-based, with over 4,700 stocks declining across the Shanghai, Shenzhen, and Beijing exchanges.
Sector performance showed clear weakness in technology and defense-related shares. Military industry stocks led the downturn, followed by significant losses in robotics and semiconductor sectors. The widespread decline reflects growing risk aversion among investors amid heightened market volatility and concerns about global tech demand.
The intensified selling pressure comes despite earlier attempts at stabilization, suggesting persistent negative sentiment in the market. Trading volumes remained elevated as participants continued to reduce positions, particularly in growth-oriented sectors that have underperformed in recent sessions. The simultaneous weakness across all three major indices indicates a market-wide correction rather than sector-specific rotation.
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