The A-share market experienced a midday decline, with the Shanghai Composite Index down 0.9%, the Shenzhen Component Index down 2.09%, and the ChiNext Index down 3.47%. Leading the losses were the communication equipment, semiconductor, and securities sectors. Conversely, precious metals, forestry, and automotive sectors saw gains, with Zhaojin Gold hitting its limit up, BYD rising over 4%, and Kangxin New Materials increasing by more than 3%. In other news, Apple is reportedly planning to launch at least five new iPhone models between the second half of this year and the first half of 2027, increasing its foldable phone shipments despite industry-wide supply chain shortages. AI
RANK_REASON The item is a financial news flash covering stock market movements and a report on Apple's product plans, not a core AI development.
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