Stock market news : Beijing Huaru Tech, Others Soar with 20% Gains, Baotou Inst Magnetic Leads Losses

Chinese stock market sees a mixed response as Beijing Huaru Tech and others soar 20%, while Baotou Inst Magnetic leads losses. Gains dominate the tech sector, with losses in materials and pharmaceuticals.

The Chinese stock market displayed a mixed performance today as top gainers and losers emerged from diverse sectors. Beijing Huaru Tech (301302) led the upward trajectory with its stock jumping by +20.02% to CNY 26.14. Similarly, Shanghai W-Ibeda High Tech Group (688071) and Beijing Worldia Diamond Tools Co., Ltd. (688028) recorded impressive gains of +20.01%, closing at CNY 33.28 and CNY 25.55, respectively.

Other notable gainers included Transwarp Technology (Shanghai) (688031) at CNY 61.66, Ningbo Shuanglin (300100) at CNY 28.80, and Wondershare Tech (300624) at CNY 72.61, all climbing by +20.00% or more. Gains were primarily concentrated in high-tech and software innovation sectors.

On the downside, Baotou Inst Magnetic New Materials (301622) struggled, closing at CNY 100.00 with a sharp drop. Qingdao Guolin Tec (300786) slipped −11.84% to CNY 18.02, and Hainan Huluwa Pharmaceutical Group (605199) fell −10.02% to CNY 22.64. Losses were most pronounced in the materials and pharmaceutical industries, with other notable decliners including Tianjin Guifaxiang (002820) at −9.98% and Fujian Zhangzhou D (000753) at −9.96%.

Disclaimer:
Stock market data is subject to change. This article provides informational purposes only and does not constitute financial advice.