Shanghai Composite Rises 0.85% as Jinko Solar Soars 20% Amid Strong Market Advance
The China Shanghai Composite Index rose by 0.85%, marking a 3.36% increase over the past month, reflecting a positive market sentiment. Advancing stocks outnumbered decliners at a ratio of 1.55x, with 3,005 stocks gaining. Jinko Solar Co. led large-cap gains with a 20% return, while Wangsu Science & Technology fell by 13.41%. Mid-cap and small-cap stocks also performed well, with Jolywood and Hangzhou Zhengqiang both achieving 20% returns. The small-cap segment showed particularly strong momentum, evidenced by an advance-decline ratio of 1.84x.
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