On the last trading day of this week, A-Shares reappeared and adjusted. The Shenzhen Component Index and the Kechuang 50 index fell by more than 1%, while the gem index performed weakly, falling by more than 2%.
On the 24th, the Shanghai composite index opened slightly higher at 3645.39 points and fell after touching 3648.96 points in early trading. After dropping 3612.07 points, the Shanghai index closed at 3618.05 points, down 25.29 points or 0.69% from the previous trading day.
Shenzhen composite index closed at 14710.33 points, down 153.60 points, or 1.03%. The gem index was weak, down 2.27% to close at 3297.11. The Kechuang 50 index closed at 1358.73, down 1.25%.
More than 3000 stocks in Shanghai and Shenzhen closed down, far more than the number of gains. Four new shares in the two cities were listed simultaneously, of which the new share n Juguang on the science and Innovation Board increased by more than 145% on the first day.
Most industry sectors closed lower with the stock index. Comprehensive, instrumentation, non-ferrous metals, steel and other sectors led the decline. The traditional Chinese medicine sector led the rise, while the rice wine and tourism sectors had a strong trend.
