Chinese stocks fell sharply on November 6, with the ChiNext Index down 3.96% and more than 4,700 stocks declining. Computing-power hardware stocks led the losses.

The market opened sharply lower, then fluctuated weakly within a narrow range. The STAR 50 Index pared its gains after moving higher. Total trading value in Shanghai and Shenzhen reached 1.66 trillion yuan, down 460.2 billion yuan from the previous session.

In the computing hardware sector, Cambridge Technology and Aohong Electronics fell to their daily price limits. Foxconn Industrial Internet and Shengyi Technology also fell sharply.

Some stocks moved against the market trend. Zhewen Pictures hit the daily price limit for the fifth consecutive session, while Yongzhen Shares hit the limit for the fourth consecutive session. Shanghai Rural Commercial Bank shares rose more than 4%.

At the close, the Shanghai Composite Index fell 1.1%, while the Shenzhen Component Index dropped 2.57%.

Source: https://tintucbitcoin.com/dong-cua-chung-khoan-trung-quoc-chinext-giam-gan-4/

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