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A-share indices fall at midday break, semiconductors lead declines

Bubble signal: -1 · Cooling evidenceRelevance 60MarketsChina
Source: 36Kr · Published 2026-08-25

Summary

China's A-share indices fell across the board at the midday break, with the Shanghai Composite down 0.14%, the Shenzhen Component down 0.78%, and the ChiNext down 1.43%. Semiconductor and computing power concepts led the declines, with Kangxi Communication falling over 8%, Zhenbao Technology over 6%, and Zhongji Innolight over 3%. Precious metals weakened, while daily chemicals and retail sectors gained.

Bubble analysis

The decline in semiconductor and computing power stocks may reflect investor concerns about high valuations in AI-related names, but a single day's market movement is insufficient to prove or disprove a bubble; it's more a reflection of market sentiment and capital flows.

#market#semiconductors#a-shares
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