STAR 50 Index Falls More Than 5% in Late Trading; Western Superconducting Drops Over 18%
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China's STAR 50 Index, which tracks the Shanghai Stock Exchange's STAR Market, dropped more than 5% in late trading, according to tradealpha. The sharp decline was accompanied by steep losses in individual constituents: Western Superconducting Technologies fell over 18%, and Hua Hong Semiconductor's Shanghai-listed shares dropped more than 8%. The report did not provide a reason for the selloff or additional market context.
Source report
The STAR 50 Index suffered a sharp late-session decline, falling more than 5%.
Notable Decliners
- Western Superconducting: down over 18%
- Hua Hong Semiconductor: down over 8%
Source
domesticNeutral / independent
Part of this Story
STAR 50 Plunges Over 5% Intraday as Monthly Loss Reaches 24.1%