China's A-share indices open sharply lower, 'Yi Zhong Tian' stocks fall more than 10%

36Kr reports that China's three major stock indices opened significantly lower, with the Shanghai Composite down 2.11%, the Shenzhen Component Index down 3.72%, and the ChiNext Index down 4.99%. Optical modules and semiconductor stocks plummeted, while 'Yi Zhong Tian', Lianxun Instruments, Yuanjie Technology fell more than 10%, and Changxin Technology dropped over 7%. Conversely, liquor and banking sectors defied the trend, with Huangtai Brewing, Jinzhizi Liquor rising more than 2% and Bank of Communications up over 1%.