A-shares closed even worse than they were at midday today. Computing-power hardware led the sell-off, Cambridge Technology hit the daily limit down, and the ChiNext Index fell 3.96%.
More than 4,700 stocks across the market were down. Turnover plunged by 460.2 billion yuan from yesterday, as buyers pulled back first.
But looking at the week as a whole, the Shenzhen Component Index is still up 3.15%. Today was basically just a shakeout of crowded trades.
More than 4,700 stocks across the market were down. Turnover plunged by 460.2 billion yuan from yesterday, as buyers pulled back first.
But looking at the week as a whole, the Shenzhen Component Index is still up 3.15%. Today was basically just a shakeout of crowded trades.