PANews
PANews|11月 12, 2026 07:06
[A-Share Market Close: ChiNext Index Falls Over 2% After Rally, Over 4,600 Stocks Decline] According to CLS News Agency, the market rallied and then retreated, with the ChiNext index falling over 2%, after previously rising nearly 2%. The combined turnover of the Shanghai and Shenzhen stock exchanges reached 1.93 trillion yuan, an increase of 255.8 billion yuan compared to the previous trading day. Over 4,600 stocks declined across the market. On the sector front, computing chip company Tianpu Technology achieved its third consecutive daily limit up, Cambricon rose over 8%, and Suiyuan Technology rose over 13%, reaching a new high since its listing. The gas sector remained active, with Dongfang Huanyu achieving its fourth consecutive daily limit up and Hongtong Gas hitting the daily limit up. Retail stocks Guangbai and Ningbo Zhongbai both hit the daily limit up. On the downside, precious metals weakened, with Shandong Gold International, Chifeng Gold, Western Gold, and Shandong Gold all declining. AI animation concept stocks fluctuated and adjusted, with Shanghai Film hitting the daily limit down, Huace Film & TV falling over 10%, and Wentou Holdings experiencing a sharp drop after initially hitting the daily limit up. At the close, the Shanghai Composite Index fell 0.67%, the Shenzhen Component Index fell 1.68%, and the ChiNext Index fell 2.44%.
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