Major Chinese A-share indices fell significantly: the ChiNext Index dropped over 2%, the STAR 50 Index fell over 3%, the Shanghai Composite Index was down 0.64%, and the Shenzhen Component Index declined 1.40%. Sectors such as pharmaceuticals and biotechnology, military industry, software services, and semiconductor chips led the declines, with nearly 4,600 individual stocks falling across the Shanghai, Shenzhen, and Beijing exchanges.