China stocks rebound as turnover rises to CNY 2.3 trillion
Shanghai and Shenzhen shares bounced off intraday lows before fading again, with turnover rising to CNY 2.34 trillion as more than 3,600 stocks declined despite strength in select sectors.
China’s stock market rebounded from an afternoon low before giving back ground again, as trading on the Shanghai and Shenzhen exchanges rose to CNY 2.34 trillion, up CNY 46.2 billion from the previous session. Market breadth weakened from the prior update, with more than 3,600 stocks declining, although consumer, AI application, MLCC and automaker shares showed pockets of resilience. Zhongji Innolight also drew heavy activity, with turnover exceeding CNY 59.7 billion, topping its previous record set on June 5, 2026. The latest session marks a shift from the prior broad-based rebound, indicating that turnover remained elevated even as declines outnumbered gainers and leadership narrowed to selected themes.
- MLCC: Multilayer ceramic capacitors, electronic components widely used in smartphones, vehicles and other hardware.
- turnover: The total value of shares traded over a given period.