{"id":42369,"date":"2024-12-23T11:11:14","date_gmt":"2024-12-23T05:41:14","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=42369"},"modified":"2024-12-23T11:11:14","modified_gmt":"2024-12-23T05:41:14","slug":"stock-market-news-doushen-plunges-19-95-shanghai-phoenix-rises-7-29-youcare-pharma-falls-17-46-at-mid-day","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/stock-market-news-doushen-plunges-19-95-shanghai-phoenix-rises-7-29-youcare-pharma-falls-17-46-at-mid-day\/42369\/","title":{"rendered":"Stock market news: Doushen plunges 19.95%, Shanghai Phoenix rises 7.29%, Youcare Pharma falls 17.46% at mid-day"},"content":{"rendered":"<p>The Chinese stock market witnessed notable volatility during mid-day trading on 23rd December. As of 1:35 PM local time, Doushen (Beijing) E-Commerce, Shanghai Phoenix Enterprise, and Youcare Pharmaceutical Group were among the most volatile stocks.<\/p>\n<h3>Doushen (Beijing) E-Commerce leads declines<\/h3>\n<p>Doushen (Beijing) E-Commerce experienced a sharp decline, with its stock plummeting <strong>19.95%<\/strong> to <strong>6.78 CNY<\/strong>. The drop reflects significant selling pressure, highlighting cautious investor sentiment.<\/p>\n<h3>Shanghai Phoenix Enterprise gains 7.29%<\/h3>\n<p>On the positive side, Shanghai Phoenix Enterprise rose <strong>7.29%<\/strong> to <strong>20.17 CNY<\/strong>, driven by robust interest in the consumer goods sector, particularly bicycles and related products.<\/p>\n<h3>Youcare Pharmaceutical Group falls 17.46%<\/h3>\n<p>Youcare Pharmaceutical Group also faced a steep loss, with its stock decreasing <strong>17.46%<\/strong> to <strong>16.21 CNY<\/strong>, amid mixed performance in the healthcare and pharmaceutical sector.<\/p>\n<h3>Other notable movements<\/h3>\n<ul>\n<li>Zhongbai Holdings advanced <strong>4.87%<\/strong> to <strong>8.83 CNY<\/strong>, reflecting steady gains in retail and consumer staples.<\/li>\n<li>KraussMaffei Company Limited climbed <strong>4.03%<\/strong> to <strong>11.36 CNY<\/strong>, showcasing resilience in the industrial manufacturing segment.<\/li>\n<li>Ji Yao Holding Group dropped <strong>14.44%<\/strong> to <strong>1.60 CNY<\/strong>, marking it as another significant decliner during the session.<\/li>\n<\/ul>\n<p><em>Disclaimer: This article is for informational purposes only. Please consult a financial expert for professional advice.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chinese stock market witnessed notable volatility during mid-day trading on 23rd December. As of 1:35 PM local time, Doushen\u2026<\/p>\n","protected":false},"author":387,"featured_media":39651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-42369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/387"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=42369"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42369\/revisions"}],"predecessor-version":[{"id":42371,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42369\/revisions\/42371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/39651"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=42369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=42369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=42369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}