[Afternoon Commentary: The GEM index fell more than 1% in half a day. Short drama, liquid-cooled server concept bucked the trend and strengthened] On August 31, the market was weak and volatile in early trading, and the GEM index fell more than 1% in half a day. The half-day turnover of the Shanghai and Shenzhen stock markets was 1.31 trillion, a decrease of 112.1 billion from the previous trading day. The hot spots on the market were relatively complex, with more than 3,000 stocks falling in the market. From the perspective of sectors, the liquid-cooled server concept continued to rise during the session, Rongyi Precision hit the daily limit of 30cm, Guanlong Energy Saving, Kangsheng Shares, Jinfu Technology, and Jindi Shares hit the daily limit. The concept of short dramas fluctuated and strengthened, with Mango Super Media, Zhongguang Natural Selection, and Huanrui Century hitting the daily limit. The coal sector was active, with Zhengzhou Coal and Electricity rising by the daily limit. The concept of on-device AI fluctuated and rose, with Rockchip and MeG Smart reaching their daily limit. The real estate sector was active during the session, with I Love My Home and Shenzhen Property A reaching their daily limit. The banking sector bucked the trend and rose, with Bank of China rising by more than 4% and China CITIC Bank rising by more than 2%. The stock price continued to hit a record high. On the downside, the concept of gold fell sharply, and Shengda Resources hit its limit. The CRO concept continues to adjust, and Baihua Pharmaceutical drops by the limit. As of the close, the Shanghai Stock Exchange Index fell 0.2%, the Shenzhen Component Index fell 1%, and the ChiNext Index fell 1.29%.