{"id":42988,"date":"2025-01-12T22:36:16","date_gmt":"2025-01-12T17:06:16","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=42988"},"modified":"2025-01-12T22:36:16","modified_gmt":"2025-01-12T17:06:16","slug":"market-summary-shenzhen-component-index-drops-1-80-closing-at-9795-94","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/market-summary-shenzhen-component-index-drops-1-80-closing-at-9795-94\/42988\/","title":{"rendered":"Market summary : Shenzhen Component Index drops 1.80%, closing at 9,795.94"},"content":{"rendered":"<p>The Shenzhen Component Index (399001.SZSE) experienced a significant decline on January 10, 2025, as it closed at 9,795.94 CNY, shedding 180.06 points or 1.80% from the previous session. This marks a tough day for the index, which has faced a year-to-date drop of 5.81% amidst ongoing market fluctuations.<\/p>\n<p>Over the past month, the index has suffered a sharp decline of 9.14%, attributed to investor concerns over economic recovery and global market uncertainties. Despite the short-term downturn, the Shenzhen Component Index has shown a positive 10.92% growth over six months and an impressive 9.84% gain over the last year, indicating resilience in the longer term. However, the five-year trend remains negative, with a drop of 10.36%, reflecting challenges faced by the Chinese equity market.<\/p>\n<p>The index\u2019s all-time performance remains stellar, boasting a cumulative growth of 260.62% since its inception, showcasing the historical strength of China\u2019s innovative and tech-driven companies that dominate the Shenzhen Stock Exchange.<\/p>\n<h3>Disclaimer:<\/h3>\n<p>This article is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Shenzhen Component Index fell 1.80% on January 10, closing at 9,795.94 CNY. Monthly losses hit 9.14%, while the index shows resilience with a 9.84% annual growth.<\/p>\n","protected":false},"author":386,"featured_media":39663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-42988","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\/42988","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\/386"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=42988"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42988\/revisions"}],"predecessor-version":[{"id":42990,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/42988\/revisions\/42990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/39663"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=42988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=42988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=42988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}