A-shares slide in afternoon trading; ChiNext Index plunges 4.37%

Price Action
โดย 澎湃新闻·Read original
Summary · why it matters

China's three major A-share indices fell sharply in afternoon trading on July 10, with the ChiNext Index closing down 4.37% at 3,842.73 points. The Shanghai Composite Index dropped 1% to 3,996.16 points, while the Shenzhen Component Index lost 2.29% to 15,046.67 points. Combined turnover on the Shanghai and Shenzhen exchanges reached 3.3885 trillion yuan, an increase of 474.8 billion yuan from the previous trading day. On the sector front, the semiconductor supply chain saw a deep correction, with power equipment and electronics among the biggest decliners. Media, pharmaceutical and biotech, and real estate sectors bucked the trend with active gains. Across the two exchanges and the Beijing Stock Exchange, 3,770 stocks rose, 1,672 fell, 149 stocks gained 9% or more, and 83 stocks dropped 9% or more.

Impact on stocks 12