The ChiNext Index declined more than 2% during the morning session, while the STAR 50 fell over 3%, according to the midday limit-up analysis for October 23.
Across the entire market, more than 4,800 individual stocks posted losses, with over 100 stocks dropping more than 9%.
The AI industry chain continued to suffer heavy losses.
Shanghai Jiu Bai achieved a third consecutive limit-up board.
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