Shanghai Composite falls 2.06%, ChiNext drops 3.1%; bank stocks buck trend, combined turnover hits 2.82 trillion yuan

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

China's A-share market saw all three major indices open lower and extend losses on July 13. By the close, the Shanghai Composite Index fell 2.06% to 3,913.79 points, the Shenzhen Component Index dropped 3.48% to 14,522.85 points, and the ChiNext Index declined 3.1% to 3,723.52 points. Across the Shanghai, Shenzhen and Beijing Stock Exchange, 799 stocks rose, 4,678 fell, and 46 were flat. Total turnover reached 2.82 trillion yuan, down 570.7 billion yuan from the previous trading day. On the sector front, computing hardware supply chain, commercial aerospace, semiconductors, and photovoltaic stocks led the declines, while banking, oil and gas, and traditional Chinese medicine sectors bucked the trend. Bank of Suzhou surged over 6%, and China Construction Bank and Bank of Ningbo rose more than 3%.

Impact on stocks 13

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