July 28: A-Share Indices Fall; Shanghai Composite Down 1%, Shenzhen Down Over 3%, ChiNext Down 4.7%

On July 28, China's major A-share indices fell sharply. The Shanghai Composite Index declined 1%, the Shenzhen Component Index dropped over 3%, and the ChiNext Index lost 4.7%. The losses deepened during the session, with the Shanghai index's decline expanding to 1% and the other two indices suffering steeper falls. The broad-based sell-off reflected market-wide weakness.