A-shares plunged more than 2% due to heavy losses in U.S. stocks

Affected by the plunge in U.S. stocks and other factors, China’s A-shares opened sharply lower today, with all three indices closing down more than 2%.

The Shanghai Stock Exchange Composite Index (SSE Composite Index) opened at 3514.56 points today and closed at 3509.08 points, down 75.97 points, or 2.12%, on a trading volume of RMB 424.486 billion (about NT$1 trillion 825.289 billion).

The Shenzhen Stock Exchange Component Price Index (SZSI) opened at 14480.74 points and closed at 14507.45 points, down 321.36 points, or 2.17%, on a trading volume of 482.350 billion yuan.

The GEM, which is outside the main market, also fell 2.12% today, closing at 2914.11 points with a volume of 163.884 billion yuan.

In recent days, the U.S. 10-year bond yield has climbed sharply, and on the 25th it was as high as 1.61%, and the stock market is also under pressure. The U.S. Dow Jones Industrial Average sank 1.8% on the 25th, pulling back from the record high set in the previous trading day. As a result, Japanese stocks, European stocks and Taiwan stocks closed lower on the 25th or 26th.