Zhejiang Jiaxin Silk Corp. Hits Day High with Strong 9.97% Surge

Zhejiang Jiaxin Silk Corp. has experienced a significant surge in its stock price, gaining 9.97% on June 17, 2026. The stock reached an intraday high of CNY 6.84, marking a notable performance compared to the broader market, as the China Shanghai Composite index only increased by 0.4% on the same day. In terms of performance metrics, Zhejiang Jiaxin Silk Corp. has shown resilience over the past year, with a return of 9.62%, despite the index's 21.28% gain. The company's year-to-date performance stands at -2.43%, contrasting with the index's positive 3.51%. Over a longer horizon, the stock has delivered a modest 5.07% return over three years, while the five-year performance is at 6.87%. Financially, the company reported a remarkable 96.55% growth in net profit as of March 26, with operating cash flow reaching its highest at CNY 484.64 million. The return on equity stands at 10.34%, supported by a price-to-book ratio of 1.31, indicating an attractive valuation in the garments and apparel industry.