Shanghai Composite Rises 0.85% as Jinko Solar Soars 20% Amid Strong Market Advance

Feb 05 2026 03:18 PM IST
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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.
Shanghai Composite Rises 0.85% as Jinko Solar Soars 20% Amid Strong Market Advance
The China Shanghai Composite Index experienced a modest increase of 0.85% today, continuing its upward trend with a notable rise of 3.36% over the past 30 days. This positive momentum is reflected in the overall market performance, where advancing stocks outnumbered declining ones with a ratio of 1.55x, as 3,005 stocks advanced compared to 1,940 that declined.
In the large-cap segment, Jinko Solar Co., Ltd. emerged as the top performer, delivering a robust return of 20.0%. Conversely, Wangsu Science & Technology Co., Ltd. struggled, posting a decline of 13.41%. Mid-cap stocks also saw significant movement, with Jolywood (Suzhou) Sunwatt Co., Ltd. leading with a 20.0% return, while Beijing Zhidemai Technology Co., Ltd. faced a downturn of 11.55%. Small-cap stocks showcased strong performance as well, with Hangzhou Zhengqiang Corp. Ltd. achieving a return of 20.01%, while Naipu Mining Machinery Co., Ltd. lagged with a decline of 16.98%. The advance-decline ratios across market caps indicate a healthy market sentiment, particularly in small caps, which had an impressive ratio of 1.84x.

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