The three major indices fell collectively in early trading. As of midday trading, the Shanghai Composite Index fell 1.21%, the Shenzhen Securities Index fell 2.09%, the GEM Index fell 2.61%, the Beijing Stock Exchange 50 fell 0.91%, and the Science and Technology Innovation 50 Index fell 3.78%. The total market turnover was 117.83 billion yuan, down from the previous day's volume of 64.2 billion yuan, and more than 4,300 individual stocks in the entire market. In terms of sector topics, the battery, coal mining and processing, corn, dairy, precious metals, airport shipping, and securities sectors led the way; computing power hardware stocks such as MLCC, PCB, CPO, advanced packaging, storage chips, and high-speed copper cable connections registered the highest declines. On the market, the news that OpenAI's annualized revenue was 20 billion US dollars less than previously reported raised concerns about the slowdown in computing power infrastructure investment. Computing power hardware stocks such as MLCC, PCB, and optical communications fell back. Stocks such as Fenghua Hi-Tech, Jin'an Guoji, and Kangqiang Electronics fell to a standstill. Zhongji Xuchuang fell more than 5% to fall below the annual line, and Sinocera Materials, Yuanjie Technology, and Shennan Circuit had the highest declines. On the other hand, the battery sector rebounded, with Liwang shares rising and falling 30cm, and Lingpai Technology rising and stopping 20cm for two consecutive days. The Ningde Era rose more than 5% in the intraday period. According to the latest research in the industry chain, battery sample companies' production schedules surged 57% year-on-year in October. The food, dairy, and precious metals sectors have shown some performance, but the overall market has declined more or less, and the sentiment of going long is sluggish.

The three major indices fell collectively in early trading. As of midday trading, the Shanghai Composite Index fell 1.21%, the Shenzhen Securities Index fell 2.09%, the GEM Index fell 2.61%, the Beijing Stock Exchange 50 fell 0.91%, and the Science and Technology Innovation 50 Index fell 3.78%. The total market turnover was 117.83 billion yuan, down from the previous day's volume of 64.2 billion yuan, and more than 4,300 individual stocks in the entire market. In terms of sector topics, the battery, coal mining and processing, corn, dairy, precious metals, airport shipping, and securities sectors led the way; computing power hardware stocks such as MLCC, PCB, CPO, advanced packaging, storage chips, and high-speed copper cable connections registered the highest declines. On the market, the news that OpenAI's annualized revenue was 20 billion US dollars less than previously reported raised concerns about the slowdown in computing power infrastructure investment. Computing power hardware stocks such as MLCC, PCB, and optical communications fell back. Stocks such as Fenghua Hi-Tech, Jin'an Guoji, and Kangqiang Electronics fell to a standstill. Zhongji Xuchuang fell more than 5% to fall below the annual line, and Sinocera Materials, Yuanjie Technology, and Shennan Circuit had the highest declines. On the other hand, the battery sector rebounded, with Liwang shares rising and falling 30cm, and Lingpai Technology rising and stopping 20cm for two consecutive days. The Ningde Era rose more than 5% in the intraday period. According to the latest research in the industry chain, battery sample companies' production schedules surged 57% year-on-year in October. The food, dairy, and precious metals sectors have shown some performance, but the overall market has declined more or less, and the sentiment of going long is sluggish.