Stock market news : Jiangsu Skyray Ins Leads with −11.34%

Chinese stock markets saw a downward trend as Jiangsu Skyray Ins fell −11.34%, followed by significant declines in Shenzhen Wongtee and Solareast Holdings. Wuxi Taclink, Nancal, and SEC Electric also tumbled.

The Chinese stock market faced notable losses today, with Jiangsu Skyray Ins (300165) leading the decline, plunging −11.34% to close at 3.83 CNY. The slump marked a rough trading session for the company, contributing to broader market concerns.

Shenzhen Wongtee I (000056) followed, shedding −8.27% to end at 3.66 CNY. Meanwhile, Solareast Holdings Co., Ltd. (603366) saw a decline of −7.49%, closing at 16.92 CNY. These losses reflect a challenging environment for investors in the industrial and technology sectors.

Other significant declines included Wuxi Taclink Optoelectronics Technology (688205), which fell −7.45% to 63.44 CNY, and Nancal Technology Co., Ltd. (603859), which slipped −7.12% to 38.12 CNY. SEC Electric Machinery (603988) rounded off the major losers with a −6.34% drop, closing at 21.14 CNY.

Disclaimer:
This report is for informational purposes only and does not constitute financial advice. Readers are advised to conduct their own research or consult with a professional before making investment decisions.