BlockBeats News, May 29th. Today, the A-share market experienced a significant decline, with the ChiNext Index falling by 2% intraday, the Shenzhen Component Index dropping by 1.75%, the Shanghai Composite Index declining by 0.85%, and the STAR 50 Index plunging over 5%. Among the constituent stocks, Semiconductor Manufacturing International Corporation (SMIC) fell by nearly 10%, while Semiconductor Manufacturing International Corporation (SMIC) dropped by almost 9%.