{"id":43748,"date":"2025-02-10T07:53:40","date_gmt":"2025-02-10T02:23:40","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=43748"},"modified":"2025-02-10T07:53:40","modified_gmt":"2025-02-10T02:23:40","slug":"stock-market-news-chinese-tech-stocks-surge-as-beijing-thunisoft-cloudwalk-technology-gain-over-20","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/stock-market-news-chinese-tech-stocks-surge-as-beijing-thunisoft-cloudwalk-technology-gain-over-20\/43748\/","title":{"rendered":"Stock market news : Chinese Tech Stocks Surge as Beijing Thunisoft, Cloudwalk Technology Gain Over 20%"},"content":{"rendered":"<p>Chinese tech stocks experienced a strong rally today, with several companies posting double-digit gains. Leading the surge was <strong>Beijing Thunisoft (300271)<\/strong>, which jumped <strong>20.05%<\/strong> to <strong>CNY 8.98<\/strong>. <strong>Cloudwalk Technology (688327)<\/strong> and <strong>Bonree Data Technology (688229)<\/strong> followed closely, both soaring <strong>20.01%<\/strong>, reaching <strong>CNY 16.67<\/strong> and <strong>CNY 53.68<\/strong>, respectively.<\/p>\n<p>Other major gainers included <strong>UCLOUD Technology (688158)<\/strong>, which surged <strong>20.00%<\/strong> to <strong>CNY 28.68<\/strong>, and <strong>Beijing Qingcloud Technology Group (688316)<\/strong>, rising <strong>19.99%<\/strong> to <strong>CNY 70.64<\/strong>. Meanwhile, <strong>Beijing Longruan Technologies (688078)<\/strong> climbed <strong>18.29%<\/strong> to <strong>CNY 34.28<\/strong>, reflecting the market\u2019s strong appetite for tech stocks.<\/p>\n<p>However, the market displayed a <strong>mixed response<\/strong>, with some stocks facing declines. <strong>Zhejiang Youpon (002718)<\/strong> led the losing side, dropping <strong>8.27%<\/strong> to <strong>CNY 14.53<\/strong>. <strong>Hunan Yuneng New Energy (301358)<\/strong> and <strong>Sineng Electric (300827)<\/strong> fell <strong>8.09%<\/strong> and <strong>7.64%<\/strong>, closing at <strong>CNY 40.45<\/strong> and <strong>CNY 36.02<\/strong>, respectively.<\/p>\n<p>Other losers included <strong>Changzhou Fusion New Material (688503)<\/strong>, down <strong>7.04%<\/strong> to <strong>CNY 52.97<\/strong>, and <strong>Shandong Nanshan (300918)<\/strong>, which declined <strong>6.44%<\/strong> to <strong>CNY 11.33<\/strong>. <strong>Bestechnic (Shanghai) (688608)<\/strong> also lost <strong>6.28%<\/strong>, trading at <strong>CNY 371.15<\/strong>.<\/p>\n<p><strong>Disclaimer:<\/strong> Stock market investments are subject to risks. This report is for informational purposes only and does not constitute financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese tech stocks surged as Beijing Thunisoft, Cloudwalk Technology, and Bonree Data Technology gained over 20%. However, Zhejiang Youpon and Hunan Yuneng New Energy saw significant declines.<\/p>\n","protected":false},"author":386,"featured_media":31463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-43748","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\/43748","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=43748"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/43748\/revisions"}],"predecessor-version":[{"id":43753,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/43748\/revisions\/43753"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/31463"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=43748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=43748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=43748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}