Stock market news : Kingsignal Tech Gains 20.04%, Flower King Eco-Engineering Plunges 43.53%

The Chinese stock market witnessed mixed results as Kingsignal Tech led gains with a 20.04% surge, while Flower King Eco-Engineering suffered a steep 43.53% loss.

The Chinese stock market displayed a mixed response today, with notable performances among gainers and losers. Kingsignal Tech (300252) emerged as the top performer, recording a significant 20.04% increase to close at CNY 12.28. Other leading gainers include Jiangsu Yitong High-Tech (300211), which rose by 20.03% to CNY 9.29, and Shenzhen Manst Tech (301325), climbing 20.01% to CNY 55.78. Broader gains also included Broadex Technology (300548) and Shanghai Kaytune Industrial (301001), both achieving 20.00% growth, closing at CNY 43.68 and CNY 38.40, respectively.

On the downside, Flower King Eco-Engineering Inc (603007) suffered the sharpest decline, plunging 43.53% to CNY 8.69. Zhongtongguomai Communication Co Ltd (603559) followed with a 27.52% drop to CNY 7.85. Other significant losers included Chongqing Lummy Pharmaceutical (300006), down 15.51% to CNY 4.63, and KraussMaffei Company Limited (600579), which fell by 10.02% to CNY 11.40.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct thorough research or consult a financial advisor before making investment decisions.