A-share market close: STAR 50 Index surged then fell back, dropping over 2%, AI application concept performed actively

PANews reported on September 4, according to Cailian Press, the market rose and then pulled back throughout the day, with the three major indices collectively turning negative in the afternoon. Turnover on the Shanghai and Shenzhen stock exchanges reached 2.03 trillion yuan, an increase of 271.8 billion yuan compared with the previous trading day. On the sector front, market hotspots were relatively scattered, and more than 2,900 stocks fell across the entire market. By sector, the pork concept strengthened against the trend, with Xinfengwu, Tianbang Food, and Bangji Technology hitting the daily limit up. The agriculture sector warmed up, with Dunhuang Seed Industry recording 3 boards in 6 days and Yasheng Group recording 2 consecutive limit-up boards. AI application concepts were active, with Xinju Network recording 2 consecutive boards, Longban Media recording 5 consecutive boards, and China Publishing hitting the daily limit up. Digital currency concepts were active, with Cuiwei Shares and Chutianlong hitting the daily limit up. Fujian local stocks moved higher intraday, with Fujian Cement, Haitong Development, and Anji Food hitting the daily limit up. On the downside, the coal sector fluctuated and adjusted, with Zhengzhou Coal and Electricity hitting the daily limit down. The semiconductor industry chain weakened, with Hua Hong Semiconductor, Goke Microelectronics, and Qiangyi Co., Ltd. falling collectively. As of the close, the Shanghai Composite Index fell 0.3%, the Shenzhen Component Index fell 0.79%, and the ChiNext Index fell 0.78%.