Stock Market News: Jiayu Holding leads volatile session, drops 20.09%; Shanghai DragonNet follows with 14.93% decline

China’s stock market saw sharp fluctuations in volatile stocks, led by Jiayu Holding’s 20.09% plunge to 1.75 CNY, while Shanghai DragonNet dropped 14.93% to 13.68 CNY.

Jiayu Holding tops volatile stocks with a significant drop

China’s stock market experienced high volatility as Jiayu Holding Co. Ltd. (300117) recorded a steep decline of 20.09%, closing at 1.75 CNY. This marked it as the most volatile stock of the day. Following suit, Beijing Philisense Electronics Technology Co. Ltd. (300287) saw its shares drop by 14.52%, ending at 5.30 CNY.

Tech and digital services hit by declines

Shanghai DragonNet Technology Co. Ltd. (300245) dropped 14.93%, closing at 13.68 CNY, showcasing the day’s significant volatility in the technology sector. Similarly, Wondershare Technology Co. Ltd. (300624), a key player in digital services, declined by 13.41%, ending the session at 60.42 CNY. Guangdong Insight Holdings Co. Ltd. (300781) also faced losses, down 13.58% to 64.81 CNY.

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