China A-shares opened lower and weakened into the midday session; ChiNext Index fell 4.32% at the break, Shenzhen Composite down 3.37% and Shanghai Composite down 1.74%. Market breadth was weak with more than 4,800 stocks down and half-day turnover above 1.1 trillion yuan. Power stocks outperformed, Zhejiang Xinneng hit the daily limit. Autos strengthened, with JAC Motors and Zotye Auto hitting daily limits. Cybersecurity names moved higher, Yongxin Zhicheng and Zhongxin Saike hit limits. Pork-r

2026-09-28

China A-shares opened lower and weakened into the midday session; ChiNext Index fell 4.32% at the break, Shenzhen Composite down 3.37% and Shanghai Composite down 1.74%. Market breadth was weak with more than 4,800 stocks down and half-day turnover above 1.1 trillion yuan. Power stocks outperformed, Zhejiang Xinneng hit the daily limit. Autos strengthened, with JAC Motors and Zotye Auto hitting daily limits. Cybersecurity names moved higher, Yongxin Zhicheng and Zhongxin Saike hit limits. Pork-related shares saw localized gains, Dongrui hit the limit. CPO-related names plunged, Xiangtong Optoelectronics and FiberHome hit limit-down. Telecom equipment, electronic components, semiconductors and non-ferrous metals were among the worst-performing sectors.