FS Development, Qingdao Kutesmart among top gainers with 20% growth; Ningbo Shimao Energy leads losers with 10% drop

Top gainers like FS Development Investment and Qingdao Kutesmart saw a 20% rise, while Ningbo Shimao Energy Co. led losses, falling 10.01% amid volatile market trading.

Market highlights strong gains among top volume stocks

FS Development Investment (300071) and Qingdao Kutesmart (300840) stood out in the market today, each seeing gains over 20% and closing at 4.73 CNY and 17.20 CNY, respectively. Wuxi Lihu Co. Ltd. (300694), Mingyue Optical Lens Co. Ltd. (301101), and Inno Laser Technology (301021) joined this high-performing group, posting similar 20% increases, highlighting positive investor sentiment in select high-volume stocks.

Notably, Wuxi Online Offline Tech Co. Ltd. (300959) followed the upward trend, gaining 20% to close at 43.08 CNY. These gains come as investors focus on select growth opportunities within the Chinese stock market, showing targeted enthusiasm across various sectors.

Key losses in energy and tech stocks

In contrast, Ningbo Shimao Energy Co., Ltd. (605028) recorded the day’s biggest decline, down by 10.01% at 18.69 CNY. Mubang High-Tech (603398) and Kuang-Chi Technology (002625) also reported significant declines, falling 10% and 9.99%, respectively. Other major losers include Yangtze Optical Electronics (688143), down 9.67%, and Hytera Communications (002583), which dropped by 9.56%.

Disclaimer: Stock information provided here is for informational purposes only and does not constitute financial advice.