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editor of every economic report: bi luming

on the morning of september 9, a-shares opened, with the shanghai composite index opening 0.40% lower, the shenzhen component index opening 0.55% lower, and the chinext index opening 0.61% lower. as of press time, the shanghai composite index fell 0.88%, the shenzhen component index fell 0.67%, and the chinext index fell 0.21%.

on the market, many high-priced stocks that had previously soared collectively plunged at the opening. shenzhen huaqiang, jinjiang online, king long automobile, volkswagen transportation, weishi electronics and many other previous strong stocks fell to the limit. it is worth mentioning that volkswagen transportation rose to the limit at the opening today, and then plunged straight to the limit, showing a "ceiling and floor" trend. as of press time, the stock was reported at 10.3 yuan, and the limit-down board had more than 1.3 million orders. previously, the stock rose to the limit for two consecutive trading days.

on the news front, on september 6, volkswagen transportation issued an announcement on abnormal fluctuations in stock trading. the company has noticed that smart connected vehicles have received a lot of attention from the market recently. this model is still in the experimental stage and basically does not generate any revenue for the company. there is still uncertainty about the future business development trend, and it will not have a significant impact on the company's business activities in the short term.