In mainland China's stock market on the 8th, the Shanghai Composite Index fell for a third consecutive day, closing 0.49% lower at 3,970.88 points, its lowest level in a month since June 8th. The Shenzhen Component Index also dropped for a third day, down 1.87% to 14,939.73 points. Combined trading volume on the two exchanges was roughly 2.56 trillion yuan. Uncertainty over the normalization of navigation in the Strait of Hormuz and US-Iran negotiations weighed on sentiment, and gains in oil-related stocks driven by higher crude futures were not enough to support the index, which lost momentum after breaching the psychological 4,000-point mark. By sector, battery materials, chemicals, and non-ferrous metals were sold off, while oil and hotel and tourism stocks rose.