Technology sector drives gains in high-volume stocks
As of 2:21 PM, In China’s stock market, East Money Information (300059) led gains, rising 1.36% to close at 26.18 CNY, maintaining its strong performance among high-volume stocks. Hytera Communications (002583) experienced a significant surge, jumping 8.03% to 21.39 CNY, reflecting positive momentum in the communication equipment sector. Similarly, China GreatWall Technology (000066) advanced by 3.97%, ending at 18.33 CNY, as investors showed renewed interest in technology-related industries.
Automotive and materials sectors face challenges
Despite the gains in technology, the automotive and materials sectors faced steep declines. Anhui Jianghuai Automobile Group Corp., Ltd. (600418) dropped 6.48%, closing at 38.67 CNY, amid weaker-than-expected sentiment in the auto industry. Grinm Advanced Materials Co., Ltd. (600206) led the losses, falling 8.07% to 20.04 CNY, as pressure on the materials sector weighed heavily. Similarly, China United Network Communications Limited (600050) declined 7.07% to 5.39 CNY, reflecting a challenging day for the telecommunications sector.
Disclaimer: Stock information provided is for informational purposes only and does not constitute financial advice. Please consult a professional before making any investment decisions.