China A-share indexes retreat after early gains as market breadth weakens

  • Chinese A-share indexes retreated after early gains in reports dated September 3 and September 4.
  • Reported Shanghai-Shenzhen turnover was 1.76 trillion yuan on September 3 and 2.03 trillion yuan on September 4.
  • Market breadth weakened as more than 3,500 stocks fell in one account and more than 2,900 in the other.

Mainland Chinese A-share indexes rose early before retreating in reports covering September 3 and September 4, with market breadth weakening and leadership rotating across liquid-cooling servers, shipping, robotics, pork, agriculture, AI applications and digital-currency shares. The accounts differ on turnover and the number of declining stocks: one reported 1.76 trillion yuan and more than 3,500 decliners on September 3, while the other reported 2.03 trillion yuan and more than 2,900 decliners on September 4.

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