China's A-share market opens lower across all four major indexes; over 4,600 stocks decline

Add preferred source China's A-share market opened under pressure on September 11, with all four major indexes starting lower. The Shanghai Composite Index fell 0.6%, the Shenzhen Component Index dropped 0.98%, the ChiNext Index declined 0.85%, and the STAR Composite Index posted the steepest loss at 1.25%. More than 4,600 stocks across the market traded lower. Nonferrous metals, agriculture, and semiconductor sectors led the decline, while oil and gas and shipping sectors bucked the trend. Youcai Resources resumed trading with a gain of over 7% after announcing that its actual controller will change to the Jiangyin State-owned Assets Office. Everbright Securities noted that incremental capital remains cautious and the existing stock-game pattern persists, with the market still in a phase of differentiated consolidation following the tech rally correction, and range-bound bottoming likely to extend into mid-to-late September.