A · Important
[Review: The mass entrepreneurship and innovation index shrank by more than 2%, and more than 4,300 stocks in the market fell] On October 12, the market fluctuated and fell back, with the GEM Index and the Science and Technology Innovation 50 Index both falling by more than 2%. Volume capacity shrank significantly, with the Shanghai and Shenzhen stock exchanges’ turnover reaching 1.54 trillion, a decrease of 362.7 billion from the previous trading day. More than 4,300 stocks across the market fell. On the market, themes were weak, and bank stocks bucked the trend and strengthened. Bank of China, China CITIC Bank, and Industrial and Commercial Bank of China continued to hit record highs; the film and television and media sectors rose rapidly during the session, with Guomai Culture reaching its daily limit of 20CM, and Bona Pictures, Jishi Media returned to the daily limit and went out of the 2-day limit, Decai Shares, Ciwen Media, and Xinhua Wenxuan hit the daily limit; wind power Tianshunfeng Energy hit the daily limit, Zhenhong shares rose by more than 10%; energy storage Jinguan Electric and Shougang New Energy both hit the 20CM limit. On the downside, the concept of precious metals has been collectively adjusted, with Xiaocheng Technology, Sichuan Gold, Zhaojin Gold, etc. falling one after another. As of the close, the Shanghai Stock Exchange Index fell 0.43%, the Shenzhen Component Index fell 2.03%, and the ChiNext Index fell 2.61%.
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