Stock market news : ZTE Corp Jumps 6.73% as Tech Stocks See Upward Trajectory Amid Market Volatility

Chinese tech stocks showed a mixed response as ZTE Corp surged 6.73% to CNY 42.67, while Zhongji Innolight fell 14.23%. Investors closely watched market trends amid ongoing fluctuations.

China’s technology sector witnessed an upward trajectory on Tuesday, with several high-volume stocks experiencing notable price movements. ZTE Corp (000063) led the gainers, surging 6.73% to CNY 42.67, reflecting strong investor confidence. Similarly, IEIT Systems Co Ltd (000977) and iFlytek Co Ltd (002230) climbed 7.82% and 7.04%, respectively, amid positive market sentiment.

However, not all stocks followed the bullish trend. Zhongji Innolight (300308) saw a sharp decline of 14.23%, trading at CNY 98.48, marking one of the steepest losses in the sector. Dawning Information Industry (603019) and Jiangsu Hoperun Software (300339) ended the session with strong gains of 6.87% and 14.83%, respectively, indicating a mixed response among investors.

Disclaimer: Stock investments are subject to market risks. The above information is for reporting purposes only and does not constitute financial advice.