What happened

On September 3 at 14:50, the index tracking 'yesterday's broken board' stocks fell 4%, reaching 494.742 points. Trading volume amounted to 93.68 billion yuan, with a turnover rate of 12.81%.

The steepest decliners were Aili Home, down 10.01% to 30.03 yuan; Fujian Jinsen, down 9.97% to 11.02 yuan; Xinsai Shares, down 9.96% to 6.06 yuan; Shandong Molong, down 9.32% to 7.88 yuan; and Chutian Dragon, down 6.58% to 19.73 yuan.

Why it matters

The broad decline in these previously volatile stocks signals heavy selling pressure and a cautious mood among traders. The high turnover rate suggests active churn, but the scale of losses may weigh on overall market sentiment.

Key facts

The sector index fell 4% to 494.742 points on September 3 at 14:50.

Turnover reached 93.68 billion yuan, with a turnover rate of 12.81%.

The top five losers were Aili Home, Fujian Jinsen, Xinsai Shares, Shandong Molong, and Chutian Dragon.

What to watch next

Investors are likely to watch whether the sector's selling pressure eases in the remaining trading hours, and whether the leading decliners find any support near current levels.

Sources