Stock market news : Volatility hits Chinese stocks as Jiangsu Jingxue and Zhejiang Meorient plunge, Shanghai Phoenix gains 10.01%

Jiangsu Jingxue fell 14.78%, while Shanghai Phoenix gained 10.01% amid volatile trading in Chinese markets. Mixed movements define today’s stock trends.

Chinese stocks experienced mixed movement, with notable volatility dominating the market. Jiangsu Jingxue Industrial Co. (301010) led the downward trend, falling by 14.78% to close at CNY 20.93. Zhejiang Meorient Commerce & Exhibition (300795) followed closely, witnessing a sharp decline of 11.18% and settling at CNY 23.83.

Amid the market’s mixed performance, Shanghai Phoenix Enterprise Group Co. (600679) emerged as a notable gainer, surging by 10.01% to reach CNY 17.26, reflecting a strong upward trajectory. Similarly, Global Infotech Co. (300465) posted a 9.39% increase, closing at CNY 19.22 and displaying resilience in today’s trading session.

On the downside, Zhongbai Holdings Group Co. (000759) reported a drop of 7.09%, closing at CNY 7.99, while HPGC Renmintongtai Pharmaceutical Corporation (600829) shed 6.34%, settling at CNY 9.60.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should perform their own research before making investment decisions.