[A-Share Market Close: STAR Market and ChiNext Index Both Drop Over 7%, Nearly 200 Stocks Hit Limit Down] According to a report by Cailian Press, the market experienced a collective adjustment, with the Shanghai Composite Index falling below 3,800 points and the STAR 50 Index dropping over 7%. The combined trading volume of the Shanghai and Shenzhen markets reached 2.65 trillion yuan, an increase of 251.4 billion yuan compared to the previous trading day. On the board, market hotspots were relatively scattered, with over 5,000 stocks declining across the market. From a sector perspective, the power sector defied the trend and strengthened, with Guiguan Power, Shenzhen Nanshan Power A, Leshan Electric Power, and Huayin Electric Power hitting the limit up. The large financial sector saw intraday surges, with Xiangcai Co. hitting the limit up and China Construction Bank rising over 3%. The edge hardware concept performed actively, with Mio Exhibition hitting the 20% limit up. On the downside, the pharmaceutical sector underwent a collective adjustment, with Joincare Pharmaceutical, Lingkang Pharmaceutical, and Baihua Pharmaceutical hitting the limit down. Computing power hardware experienced a sharp decline, with Demingli hitting the limit down for three consecutive days, while Changguang Huaxin, Cambridge Technology, and Accelink Technologies also hit the limit down. By the close, the Shanghai Composite Index was down 3.05%, the Shenzhen Component Index was down 5.4%, and the ChiNext Index was down 7.15%.