Chinese stocks experienced sharp price swings in today’s session, with Guangzhou Anyka Microelectronics (688620) jumping 20.01% to CNY 17.99, marking the highest surge among major market movers. The semiconductor company’s impressive rally reflects growing investor interest in the sector, despite mixed market conditions.
Similarly, Dongguan Yutong Op (300790) climbed 19.99% to CNY 24.85, following strong investor sentiment in optical communications. Fibocom Wireless I (300638) also saw a 14.79% increase, closing at CNY 35.15. Meanwhile, Luster Lighttech (688400) surged 14.37%, reflecting an upward trajectory in the tech sector.
However, the session was not entirely bullish. Ningbo Cixing Co (300307) dropped by 12.96%, closing at CNY 8.60. The sharp decline contrasts with the semiconductor and optical technology stocks that posted strong gains.
ASR Microelectronics Co., Ltd. (688220) posted a 11.36% gain, reaching CNY 81.87, adding to the positive sentiment in the chip industry. Investors remain watchful as market volatility continues to drive sharp fluctuations in tech-related stocks.
Disclaimer:
Stock market investments carry risks. Prices are subject to market fluctuations. This article is for informational purposes only and should not be considered financial advice.