Shanghai stocks fall over 2% as chip and AI shares lead losses
Briefing by News4U · First published
The Shanghai Composite fell 1.2% at midday, with the ChiNext down 2.14%, as hardware and media stocks tumbled while banks and insurers rose.
Wall Street CN reported that the Shanghai Composite fell 1.2% at midday after dropping more than 2% intraday and briefly losing the 3600 level, while the ChiNext Index fell 2.14% after a more than 3% drop that took it below 2500. [1]
Hardware, semiconductor and media shares led the decline, with several stocks hitting limit-down, while banks, insurers, liquor and brokerages rose. [1]
Sources
- 快讯
Wall Street CN · · Full text