Chinese Stocks Surge: Six firms hit 20% daily Gains in CNY

Six Chinese companies reached 20% daily gains, showing a strong upward trend in the market. All share prices are denominated in CNY, showcasing significant interest in diverse sectors.

Six Firms Reach Daily Limit

Several Chinese companies reached the daily upper limit of 20% gains, each climbing to new heights on the market. Smarter Microelectronics (Guangzhou) Co., Ltd. saw a 20.04% increase, closing at 10.96 CNY. Other notable gainers include Shanghai Electric Wind Power Group, up 20.03% to 7.91 CNY, and Shanghai Guao Elec, which closed at 14.51 CNY with a 20.02% rise. These gains reflect investor confidence across microelectronics, renewable energy, and electrical manufacturing sectors.

Data Technology and Biotech Follow Close

Guangzhou Hexin Instrument and Beijing Haohan Data Technology also marked 20.01% gains, closing at 35.74 CNY and 26.45 CNY, respectively. Both firms are industry leaders in data and technology, appealing to a market interested in tech-driven solutions. Additionally, Hob Biotech Group Corp., Ltd. ended the day at 66.46 CNY with a 20.01% surge, representing the growing investor focus on biotechnology.

Disclaimer: Stock performance is subject to market conditions. This article does not offer financial advice.