Stock market news : Beijing Enlight Media Surges 18.49% as Highest Gainer; ZTE Corp Drops 4.53% Amid Mixed Market Response

Chinese stocks saw a mixed response in trading, with Beijing Enlight Media (300251) surging 18.49% to CNY 28.58, while ZTE Corp (000063) declined 4.53% to CNY 40.04.

The Chinese stock market witnessed a dynamic session with significant price movements among high-volume stocks. Beijing Enlight Media (300251) emerged as the top gainer, soaring 18.49% to close at CNY 28.58. The surge reflects strong investor confidence in the company’s future prospects, likely driven by sectoral growth.

Sichuan Changhong Electric Co., Ltd. (600839) also recorded a strong rally, hitting the 10.03% upper circuit at CNY 12.95, signaling bullish sentiment in the consumer electronics industry. Meanwhile, Shijiazhuang Changshan Textile Co. (000158) gained 8.13% to reach CNY 28.73, reflecting increased demand in the textile sector.

On the other hand, ZTE Corp (000063) experienced a sharp decline, losing 4.53% to CNY 40.04. This drop indicates cautious investor sentiment, potentially influenced by broader market conditions or company-specific developments. Despite this, Contemporary Amperex Technology (300750) posted a 2.59% rise to CNY 261.90, reaffirming strong momentum in the battery and EV sector.

Talkweb Information (002261) also saw an impressive uptick, climbing 6.29% to CNY 31.79, as the technology sector continued to attract investor interest.

Disclaimer: Stock market investments are subject to risks. This report is for informational purposes only and does not constitute financial advice.