On August 31, A-shares and Hong Kong stocks opened lower and continued to fall, with the Shenzhen Component Index and ChiNext Index both dropping over 1%. Real estate stocks opened higher but then declined, while most commodity futures rose.
China's A-share market saw its three major indices fall further in early trading. As of the time of writing, the Shanghai Composite Index was down 0.37%, the Shenzhen Component Index fell 1.02%, and the ChiNext Index dropped 1.24%. Hong Kong's Hang Seng Index and Hang Seng Tech Index both fell over 1%, with major tech stocks generally declining. The real estate sector opened significantly higher after the CSRC announced supportive policies but then pulled back. Non-ferrous metals, photovoltaics, and biomedicine sectors entered a correction, while AI application and hashrate hardware stocks bucked the trend and remained active. Most domestic commodity futures rose, with crude oil up over 6% and coking coal up 5%.
Source:华尔街见闻 · Source Link
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