pokerallin| Commentary: Shanghai Composite Index fell 0.88% and fell below 3100 points. Low-altitude economy and real estate stocks fell sharply.

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Source: Cailian

Cailian, May 24, the market rallied throughout the day, with the GEM index leading the decline, and the Shanghai index losing 3100 points. On the market, power and power grid concept stocks collectively rose sharply, with more than 10 stocks including Jiuzhou Group, Star Power, Leshan Power, and Dalian Thermal Power (Rights Protection) trading daily limit. Shares in the concept of copper high-speed connection rose intraday, with Chuangyitong, Yihua Shares and Derun Electronics trading at daily limits. Pork stocks continue to be active, and Zhenghong Technology has five consecutive boards. Non-ferrous metals concept stocks rebounded in shock, and electrical alloys rose nearly 10%. In terms of decline, low-altitude economic concept stocks collectively fell sharply, and Shanggong Shenbei fell to a limit. Real estate stocks fluctuated and adjusted, and I love my family's limit. Overall, individual stocks fell more than they rose, with more than 3800 stocks falling in the entire market. The turnover of the Shanghai and Shenzhen stock markets today was 763.9 billion yuan, a decrease of 83.8 billion yuan from the previous trading day. In terms of sectors, electricity, copper high-speed connections, pork, dairy and other sectors were among the top gainers, while low-altitude economy, AI mobile phones, real estate, memory chips and other sectors were among the top losers. At the close, the Shanghai Composite Index fell 0.0%pokerallin.88%, the Shenzhen Component Index fell 1.23%, and the GEM Index fell 1.81%.

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