Several Chinese stocks experienced significant losses, with notable double-digit declines across various industries. Qingyan Environment (301288) recorded the steepest fall, with its shares dropping 18.06% to CNY 12.07. The company led the day’s losers amidst what appeared to be a challenging market session.
Chongqing Sulian Precision (301397) followed closely, losing 13.41% and closing at CNY 29.70. Other significant decliners included Gansu Jingang Solar (300093), which dipped 11.92% to CNY 11.82, and Henan Shijia Photons Technology Co., Ltd. (688313), falling 11.18% to CNY 20.66.
Yangtze Optical Electronic (688143) and Zhejiang Narada Power (300068) also suffered sharp declines of 9.35% and 9.77%, closing at CNY 28.50 and CNY 14.69, respectively. The mixed sentiment in the market could be attributed to weak sectoral performance and broader economic concerns.
Disclaimer:
This report is for informational purposes only and does not constitute financial advice. Stock market investments are subject to risks, and readers should perform due diligence before making decisions.