On August 5, Panorama reported that the Shanghai and Shenzhen stock markets plunged rapidly after opening slightly higher in the morning. The coal, nonferrous metals, steel and other resource sectors fell one after another, and Vanke and other heavyweight real estate stocks fell sharply, making the already weak market sentiment "worse". Nearly 70% of the warrants in the two markets fell, with a total transaction of 5.963 billion yuan.

The overall warrant market was weak in early trading, with the ratio of the number of gainers to the number of losers being 1:2. After the resumption of trading, Vanadium Steel GFC1 rose sharply, rising more than 10% at one time, then suffered profit taking and fell back, closing 2.8% higher in the morning, the largest increase in the morning. Baosteel CWB1 Up 0.36%, other steel warrants remained weak, Wuhan Iron and Steel CWB1 and Maanshan Iron and Steel CWB1 fell 1.92% and 1.61% respectively, rising alone against the trend last day Kangmei CWB1 There was a correction today, and it closed 4.15% lower in the morning, which was the worst performance of warrant varieties in the two cities. In addition, COSCO CWB1 and Tsingtao Beer CWB1 also fell 2.06% and 1.57% respectively.