China A-shares close lower: ChiNext down 3.1%, over 4,400 stocks fall

The divergence matters more than the headline: ChiNext's steeper drop shows the selloff concentrated in growth and small-cap names, while the Shanghai Composite's shallower loss points to large caps holding up better. Breadth of over 4,400 decliners against turnover above 1.42 trillion yuan suggests broad distribution rather than a single sector unwind. The AI comic-drama theme extending gains while wind-power equipment leads declines is the notable split — whether that rotation persists is the open question.