In a volatile trading session, several stocks recorded significant losses on the Shanghai and Shenzhen exchanges. Zhejiang Yiming Food (605179) suffered the steepest drop, closing 10% lower at 27.44 CNY. The food processing company faced selling pressure amid a lackluster market sentiment.
Hangzhou Jingye Intelligent Technology (688290) followed closely, shedding 9.64% to close at 43.88 CNY. Investors showed caution towards tech-heavy sectors, contributing to its steep decline.
Taier Heavy Industries (002347) also faced significant losses, ending the day 9.08% lower at 9.21 CNY. Industrial stocks continued to experience headwinds due to weaker demand projections.
Other notable decliners include Guangdong Wenke Group (002775), which dropped 7.93% to 4.18 CNY, and Shanghai Haoyuan Chemexpress (688131), which slid 7.42% to 37.91 CNY. Meanwhile, Bybon Group Co. Ltd (300736) rounded out the list, losing 7.41% to close at 12.87 CNY.
Disclaimer:
The data in this article is for informational purposes only and does not constitute financial advice. Investors are advised to consult with professionals before making decisions.