Shanghai Composite Dips 0.01% Amid 2,337 Advancers; Intelligent Computing Soars 17.71%

5 hours ago
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The China Shanghai Composite Index saw a minor decline of 0.01% today, despite a 0.34% increase over the past month. In the large-cap sector, Intelligent Computing Technology Group Co., Ltd. led with a 17.71% return, while Guangzhou Great Power Energy & Technology Co., Ltd. fell by 9.15%. Mid-cap and small-cap stocks also reflected mixed performance, with Guangzhou Goaland Energy Conservation Tech Co., Ltd. and Jiangxi Yuean Advanced Materials Co., Ltd. achieving notable gains of 20.01%. Overall, the market faced challenges, with more stocks declining than advancing, as indicated by an advance-decline ratio of 0.91x.
Shanghai Composite Dips 0.01% Amid 2,337 Advancers; Intelligent Computing Soars 17.71%
The China Shanghai Composite Index experienced a slight decline of 0.01% today, although it has shown a modest increase of 0.34% over the past month. In the large-cap segment, Intelligent Computing Technology Group Co., Ltd. emerged as the top performer with a return of 17.71%, while Guangzhou Great Power Energy & Technology Co., Ltd. lagged behind with a return of -9.15%.
In the mid-cap category, Guangzhou Goaland Energy Conservation Tech Co., Ltd. led the way with a notable return of 20.01%, whereas Jiangsu Sanfame Polyester Material Co., Ltd. faced a decline of 9.2%. The small-cap sector saw Jiangxi Yuean Advanced Materials Co., Ltd. achieving a return of 20.01%, while Suzhou Shijing Environmental Technology Co., Ltd. struggled with a return of -13.83%. Overall, the market's advance-decline ratio indicates that 2,337 stocks advanced compared to 2,575 that declined, resulting in a ratio of 0.91x. This trend was mirrored across large-cap, mid-cap, and small-cap stocks, with respective ratios of 0.82x, 0.86x, and 0.91x, highlighting a challenging day for many investors.

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