A-shares opened lower; ChiNext Index slid as much as >3% early and was down 1.73% at midday, STAR 50 Index fell over 4% intraday before briefly turning positive and then sliding again. Shanghai Composite -0.82%, Shenzhen Composite Index -0.83%. Turno

2026-07-16

A-shares opened lower; ChiNext Index slid as much as >3% early and was down 1.73% at midday, STAR 50 Index fell over 4% intraday before briefly turning positive and then sliding again. Shanghai Composite -0.82%, Shenzhen Composite Index -0.83%. Turnover across both exchanges near RMB 1.5 tln and almost 2,000 stocks declined. Sector action: innovative-drug names repeatedly active and outperformed, livestock/animal-husbandry led gainers, cinema chains remained strong; refrigerants, fiberglass and memory-chip sectors extended weakness. Demingli hit limit down for a second consecutive session.