BYD Company Ltd led China’s stock market rally today, surging 8.18% to CNY 305.94, followed by strong performances from ZTE (+2.02%) and 360 Security (+6.80%), as technology and EV stocks gained traction.
China’s stock market saw an upward trajectory as major indices, including the SSE Composite Index (+0.97%) and the Shenzhen Component Index (+1.92%), recorded gains, driven by renewed investor confidence.
Hong Kong's stock market saw a mix of gains and losses, with CHK Oil Ltd (632.HK) rising 17.89% to HKD 0.560, while Dragon Rise GP Holdings Ltd (6829.HK) dropped 16.94% to HKD 1.03.
Hong Kong stocks saw significant volatility today, with Kingwisoft Tech Group Co Ltd surging 43.18%, while Putian Communication Group Ltd fell 10.40%. The market showed a mixed response across sectors.
Lenovo Group Limited (992.HK) saw a 3.42% rise, closing at HKD 10.88, marking the highest percentage gain among high-volume stocks. Kuaishou Technology also advanced, while Tencent and Xiaomi declined.
Hong Kong’s Hang Seng Index dropped 0.67% to 20,651.15 HKD, while the Hang Seng TECH Index lost 0.78% to 4,938.72 HKD. Market sentiment remained cautious as investors assessed economic uncertainties.
China’s stock market saw a mixed response today as the SSE Composite Index fell 0.39%, while the Shenzhen Component Index gained 0.32%. The SZSE Composite Index rose 0.59%, and CSI 1000 climbed 0.88%.
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.
T And S Communicat (300570) witnessed a sharp decline of 19.91%, closing at CNY 95.12. Several other stocks, including Jiangyin Electrical and Victory Giant Tech, also faced significant losses.
Chinese tech stocks soared as Beijing Philisense (+20.08%), UCLOUD Technology (+20.03%), and DBAPPSECURITY (+20.01%) led gains. Meanwhile, T and S Communication plunged 19.96%, driving mixed market sentiment.
Showing 80 of 1,034 articles