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On May 23, the index opened lower and moved lower. As of press time, the three major stock indexes had all fallen more than 1%, and nearly 4700 stocks fell in the Shanghai, Shenzhen and Beijing stock markets. From a sector perspective, non-ferrous metals, real estate, coal, e-commerce, tourist hotels, etc. were among the top losers, while the national defense industry outperformed the market and became popular.