Shenzhen Component Index Turns Negative in Afternoon After Early Gain Above 1%

The reversal matters less for the index level than for what it says about conviction: a morning advance of more than 1% that fails to hold into the afternoon points to sellers using strength to exit rather than to accumulate. With no stated catalyst for either the rise or the fade, the move reads as flow-driven and sentiment-sensitive, and it lands on the broader Chinese equity complex rather than any single sector. Whether the afternoon weakness persists into the close, or is recovered, is the open question.