Jiangsu Boqian Stock Hits Day Low of CNY 85.20 Amid Price Pressure

Mar 24 2026 05:51 PM IST
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Jiangsu Boqian New Materials Stock Co., Ltd. faced a significant decline in stock value today, reaching an intraday low. Despite recent short-term challenges, the company has shown strong long-term growth, with a notable increase over the past year and consistent positive net profits for five consecutive quarters.
Jiangsu Boqian Stock Hits Day Low of CNY 85.20 Amid Price Pressure
Jiangsu Boqian New Materials Stock Co., Ltd. has experienced a notable decline today, with the stock dropping by 5.24% as of March 23, 2026. The stock reached an intraday low of CNY 85.20, reflecting a challenging trading session. Over the past day, Jiangsu Boqian's performance has been -4.57%, which is slightly better than the China Shanghai Composite's decline of 3.63%.
In the past week, the stock has seen a decrease of 5.58%, while its one-month performance shows a significant drop of 18.79%. However, the company has demonstrated strong performance over the longer term, with a remarkable 115.25% increase over the past year, significantly outperforming the China Shanghai Composite's 13.33% gain. Despite the recent downturn, Jiangsu Boqian has reported positive results for the last five consecutive quarters, with a net profit of CNY 103.19 million, reflecting a growth rate of 48.91%. The company maintains a market capitalization of CNY 27,777 million and continues to show resilience in its long-term performance metrics.
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