China Market Closing: SSE Composite falls 2.53%, Tianjin Jingwei Hu leads gainers, Anhui Strong State falls

China’s stock market closed with major indices sharply lower, as the Shanghai Composite and Shenzhen Component both dropped 2.53%. However, stocks like Tianjin Jingwei Hu and JSTI Group surged over 20%, while Anhui Strong State led the losers with a 12.02% decline. The market reflected a mix of investor caution and select stock gains despite broader index losses.

China’s major indices closed the day in the red. The SSE Composite Index dropped 2.53%, closing at 3,201.29 points, while the Shenzhen Component Index mirrored the decline, falling 2.53% to 10,066.52 points. The SZSE Composite Index slipped by 2.10%, ending at 1,850.50 points, and the CSI 1000 Index saw a loss of 1.93%, closing at 5,507.18 points.

Top Gainers:

  • Tianjin Jingwei Hu surged +20.05% to 9.16 CNY
  • JSTI Group gained +20.04% to 11.38 CNY
  • SZ Zhongqingbao IN rose +20.03% to 16.84 CNY
  • HWA Create Corpora jumped +20.02% to 27.04 CNY
  • Chengdu Dahongli M increased +20.01% to 23.75 CNY

Top Losers:

  • Anhui Strong State plunged -12.02% to 96.73 CNY
  • Archermind Technol fell -10.78% to 61.38 CNY
  • Shenzhen Tianyuan dropped -10.70% to 15.19 CNY
  • Ningbo KBE Electri declined -10.61% to 50.44 CNY
  • Shenzhen Farben IN down -10.42% to 26.66 CNY

The significant declines in major indices reflect overall bearish sentiment in the market, while select stocks like Tianjin Jingwei Hu and JSTI Group led gains amid the volatility.