China stock losers: Bright Power Semiconductor down 11.79% while Sichuan Dev Lomon and Phoenix Shipping decline 10% – Business Upturn Asia
Key decliners in the Chinese stock market
Several stocks in China experienced sharp declines. Bright Power Semiconductor (688368.SH) led the drop, with shares falling by 11.79% to 110.95 CNY. Known for its work in semiconductor manufacturing, Bright Power’s decrease reflects broader challenges in the tech sector today, possibly influenced by industry fluctuations.
Additional losses among major stocks
Other companies also posted substantial losses, notably Sichuan Dev Lomon (002312.SZ), which closed down 10.02% at 20.57 CNY. Phoenix Shipping (000520.SZ) followed closely, dropping by 10.01% to end at 6.29 CNY. Shuangliang Eco-Energy Systems Co., Ltd. (600481.SH) and Guangdong Songfa Ceramics (603268.SH) both ended the day near the 10% loss mark, closing at 7.20 CNY and 49.08 CNY, respectively.
Disclaimer: Stock information presented is for informational purposes only and does not constitute financial advice.