China's A-share market opened higher and then trended lower throughout the day, with over 4,900 stocks in Shanghai, Shenzhen, and Beijing markets closing down. The total turnover reached 1.47 trillion yuan. As of the close, the Shanghai Composite Index fell by 1.33%, the Shenzhen Component Index by 2.5%, the ChiNext Index by 3.41%, and the STAR 50 Index by nearly 5%. In terms of sector performance, banking, shipping, retail, and duty-free sectors bucked the trend and strengthened, with Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB) hitting new highs. Military, software development, semiconductor chips, and innovative drug sectors saw significant declines, with Ganhua Science & Industry, Hongdu Aviation, and Unisplendour Guoxin hitting their daily limit down.