The three major A-share indices all fell by more than 1%, and more than 4,700 stocks fell.
Odaily News The three major A-share indexes bottomed out and rebounded in the morning, and fluctuated and weakened in the afternoon. As of the close, the Shanghai Composite Index fell 1.54%, the Shenzhen Component Index fell 1.85%, and the ChiNext Index fell 1.89%. On the market, the tourism sector bucked the trend and strengthened, with Xiangyuan Culture and Tourism and Rhine Sports hitting the daily limit. Education stocks strengthened, with stocks such as Offcn Education and Kevin Education hitting the daily limit. Chip stocks fell, Zhongjing Technology hit the daily limit, and stocks such as Robotech and BIWIN Storage were among the top losers. Most sectors such as copper cable high-speed connection, CPO concept, PCB concept, and car-road-cloud concept fell. More than 4,700 stocks fell in the Shanghai, Shenzhen and Beijing markets, with a transaction amount of more than 790 billion yuan. (Jinshi)
Odaily News: According to on-chain analyst Aunt Ai's monitoring, a certain whale sold 5.338 million PONS at an average price of $0.6779, worth $3.67 million, driving the PONS price down 4% from $0.6968 to $0.6688. PONS was previously the largest on-chain asset of this address, with an entry price of approximately $0.7154. This sale resulted in a loss of about $200,000.
Odaily News: Crypto industry figure Jordy posted on X platform that former Hack VC partner Hsin-Ju Chuang has been found dead, and expressed condolences. According to a screenshot of a report shared by Jordy, 37-year-old Hsin-Ju Chuang resided in North Las Vegas and was found dead last month near a remote exit off Interstate 15 in the Mojave Desert. Investigators have not yet determined the cause of death.Hsin-Ju previously claimed that she was required to continue working during a medical emergency and was threatened with being blacklisted from the industry if she left before an event was completed. She rejected Hack VC's settlement offer and had planned to publicly release evidence related to her tenure on August 26. Hack VC stated that it has noticed the relevant content, is concerned about Hsin-Ju's health condition, but said that its understanding of the events differs significantly from what Hsin-Ju published, and that it would not publicly discuss details out of privacy considerations.
Odaily News: According to an official announcement, Binance will list the OURAUSDT USD-M Pre-IPO perpetual contract at 08:30 (UTC) on September 23, 2026, with a maximum leverage of 20x and support for multi-asset mode.
According to Lookonchain monitoring, a newly created address bought 269,500 UNI worth $2.84 million, while another address separately bought 138,400 UNI worth $1.23 million.
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