On Wednesday, the three major A-share indexes showed mixed movements, with western infrastructure and consumer electronics concepts weakening, while liquor, automobiles, and gold declined. The duty-free shop concept stocks were active. In terms of news, five departments have improved the policy for local duty-free shops.

Hong Kong stocks opened and fell today, with Nongfu Spring falling more than 10%, and at one point during the session, it fell 12%, reaching a new low since its listing. Financial reports show that packaged drinking water product revenue decreased by 18.3% compared to the same period last year; Anta Sports rose more than 4%, with a year-on-year revenue growth of 13.8% and a net profit increase of 62.6% in the first half of the year.

Government bond futures collectively rose at the end, with the main contract for the 30-year period rising by 0.32%.

The Shanghai Composite Index fell by 0.4%, the Shenzhen Component Index rose by 0.26%, and the ChiNext Price Index rose by 0.05%. Over 3400 stocks rose, with a total daily turnover of 496.6 billion yuan, a decrease of 14.9 billion yuan compared to the previous trading day.

The Hang Seng Index fell by 1.02%, and the Hang Seng Tech Index fell by 1.59%. Nongfu Spring fell more than 10%.

Government bond futures fluctuated in the morning, and collectively rose at the end, with the main contract for the 30-year period rising by 0.32%, the main contract for the 10-year period rising by 0.16%, the main contract for the 5-year period rising by 0.14%, and the main contract for the 2-year period rising by 0.04%.

A-shares closed with mixed movements, with a total trading volume of less than 500 billion yuan in both markets.

The three major A-share indexes weakened today, hitting new lows since the adjustment. As of the close, the Shanghai Composite Index fell 0.4% to 2837.43 points, the Shenzhen Component Index fell 0.31% to 8078.82 points, and the ChiNext Price Index rose slightly by 0.05% to 1531.45 points. The total trading volume of the two markets was 496.6 billion yuan.

Baijiu, household appliances, and banks were among the top decliners, while the western infrastructure and new energy vehicle sectors weakened.

The duty-free concept stocks opened sharply higher, with Zhongbai Holdings Group and Hunan Friendship & Apollo Commercial both hitting the limit up. Wangfujing, Wushang Group, Fujian Dongbai, Guangzhou Lingnan Group Holdings, Nanning Department Store, Dalian Friendship, and others all opened higher.

In news, the Ministry of Finance and other five departments recently issued the "Notice on Improving the Policy of Intra-city Duty-free Shops", proposing that the existing 13 foreign exchange commodity duty-free shops in Beijing, Shanghai, Harbin, and other cities transform into intra-city duty-free shops within three months. At the same time, one intra-city duty-free shop will be established in cities such as Guangzhou, Chengdu, and Shenzhen.

Online education, lithography factory, smart speaker, cross-border e-commerce, and artificial intelligence concept stocks are active.

Government bond futures fluctuated in early trading, and collectively rose in the afternoon session. The 30-year main contract rose by 0.32%, the 10-year main contract rose by 0.16%, the 5-year main contract rose by 0.14%, and the 2-year main contract rose by 0.04%.

The Hang Seng Index opened low and fell. Nongfu Spring fell by more than 10%, and large technology stocks generally trended lower.

The Hang Seng Index fell by 1.02%, and the Hang Seng Technology Index fell by 1.59%. Nongfu Spring was the biggest loser, falling by over 10%. Packaging and drinking water product revenue in the first half of the year decreased by 18.3% year-on-year.

On the evening of August 27th, nongfu spring released a financial report announcement, stating that in January and February of this year, the group's sales of packaged drinking water products were good, with a 19.0% increase in sales revenue compared to the same period last year. However, starting from the end of February, there was a large amount of public opinion attacks and malicious slander against the company and its founder on the internet, which had a serious negative impact on its brand and sales, leading to a significant drop in the revenue of nongfu spring's packaged drinking water products for the first time.

Large technology stocks generally trend lower, with Meituan and Baidu falling over 3%, NetEase and Kuaishou falling over 2%, Tencent falling nearly 2%, and Alibaba falling 1%.

The food and beverage, gold and precious metals, and software services sectors are leading the decline in stock prices.