The three major A-share indices fell collectively in early trading. As of midday trading, the Shanghai Stock Exchange Index fell 1.98%, the Shenzhen Securities Index fell 2.78%, the GEM Index fell 3.42%, the Beijing Stock Exchange 50 fell 2.76%, and the Science and Technology Innovation 50 Index fell 3.02%. The total market turnover was 989.6 billion yuan, down from the previous day's volume of 128.9 billion yuan, and more than 5,000 individual stocks in the entire market. In terms of sector topics, the coal mining and processing, oil and gas extraction and services, port and shipping, semiconductors, pork, planting and forestry sectors registered the highest declines; the liquor, components, medical services, and securities sectors showed relatively leading performance. On the market, the latest inflation data released by the US exceeded expectations. The probability of interest rate hikes rose, and the technology sector, which is sensitive to interest rates, adjusted across the board. Changxin Technology's total market capitalization fell more than 4%, and its total market value fell below 3 trillion yuan. After the total market capitalization retreated to the Industrial and Commercial Bank, “Yi Zhongtian”'s poor performance also drove the index to fluctuate and weaken. The situation in the Middle East deteriorated dramatically. Two Singaporean freighters were attacked, and the shipping sector was drastically adjusted, and COSCO Marine, CMSC, and China Merchants Shipping fell to a standstill in the middle of the day. The coal sector also underperformed, with Haohua Energy, Yankuang Energy, and Zhengzhou Coal and Electricity having the highest declines. Furthermore, various sectors such as pork, farming, and semiconductors declined. On the other hand, the liquor sector bucked the trend. Huangtai Liquor rose and stopped, while Golden Seed Liquor and Jinhui Liquor followed suit. Analysts pointed out that capital was looking for “safe havens” and went to large consumer sectors characterized by abundant cash flow, undervaluation and high dividends. PCB concept stocks in the technology sector performed well. Aohong Electronics had a strong performance. Shares such as Junya Technology and Jinlu Electronics rose and stopped on the 19th. Previously, the performance forecasts announced by several PCB companies were impressive.

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