China stocks rebounded to close higher: Shanghai Composite +0.40%, Shenzhen
Composite +1.10%, ChiNext +1.55%; Beijing Stock Exchange 50 +0.85%, STAR 50
-0.87%. Turnover across Shanghai and Shenzhen was CNY2.3t, up CNY270.8b from the
prior session; more than 4,100 stocks advanced. Innovative-drug names continued
to run. C Changxin jumped 12.6% to CNY52.95 on turnover near CNY45.0b.
Securities and power sectors led gains—Hualin Securities and Jingneng Power hit
daily limit-ups (Guiguan Power earlier also limit-up). Gaming stocks
outperformed, with Century Huatong +9.5% and Giant Network earlier at limit-up.
Lithography-equipment shares tumbled over 10% (Maolai Optical, Lanying
Equipment, Xinlai Materials among the biggest decliners). Brain–computer interface
plays weakened, with Innovation Medical hitting the down limit. Memory-chip
names fell for a second day—Weidao Nano slid over 10%, with Tongfu
Microelectronics and peers following lower.
