[Afternoon Commentary: The GEM index fell 2.61% and fell below 3,000 points. The lithium battery concept bucked the trend and strengthened] On October 9, the market fell collectively in early trading, and the GEM index fell below 3,000 points. The half-day turnover of the Shanghai and Shenzhen stock markets was 1.17 trillion, 62.8 billion higher than the previous trading day. More than 4,300 stocks across the market fell. On the market, the lithium battery concept bucked the trend and strengthened during the session, with Liwang Co., Ltd. having a 30CM double board, Times Wanheng having a 5-way board, Zizhu Hi-tech having a 4-way board, Lingpai Technology having a 2-way board, Tianci Materials and Jinyuan shares rising to their daily limit; agricultural Jinjian Rice Industry and Wanxiang Denong rising to their daily limit; large consumers Guofang Group and Liren Lizhuang trading at their daily limit; silicone concepts were active, M&G New Materials rising to their daily limit, and Dongyue Silicon Materials rising to their daily limit 20CM. In terms of decline, the concept of computing power hardware collectively weakened, with MLCC and PCB leading the decline. Yunzhong Technology, China Ceramics Materials, and Fangbang Shares fell by more than 10%, and Huazheng New Materials and Jinan Guoji fell by the limit. As of the close, the Shanghai Stock Exchange Index fell 1.21%, the Shenzhen Component Index fell 2.09%, and the ChiNext Index fell 2.61%.