During the last trading sessions, Chinese markets witnessed a strong wave of rise, as some shares recorded great gains driven by the increasing confidence of investors and expectations to improve companies’ performance in the coming months.
The medicines and technology sectors emerged as the largest beneficiaries of these gains, amid continuous government support for the fields of research and development, in addition to the high domestic and external demand for Chinese products, and positive economic indicators also contributed to motivating investors to buy, which led to the record of great price leaps in some shares.
Perform the largest winners
Hunan Dajiaweikang Pharmaceutical
Hunan Dajiaweikang Pharmaceutical shares continued to record strong gains, increasing by +20.02% to 13.01 yuan, and this rise is supported by the high demand for drug products, especially in light of the company’s expansion of clinical research and the development of new drugs that meet the needs of the market.
This strong performance enhances investor confidence in the company’s ability to achieve further growth, especially with the government’s support for the health care sector and its huge investments in pharmaceutical manufacturing.
Panda Dairy
Panda Dairy shares made a remarkable increase of +20.01% to 32.21 yuan, driven by the growth of demand for dairy products and health food products in the local market, and this strong performance reflects the company’s successful strategy in expansion and entry of new markets, in addition to increasing productivity and improving supply chains.
With the growing food awareness of Chinese consumers, major food companies are heading to enhance their health products, giving Panda Dairy a greater opportunity to benefit from this upward trend.
Beijing Zhongkehaixun
Beijing Zhongkeaixun’s shares increased by +20.01% to 36.35 yuan, taking advantage of the continuous expansion in the telecommunications sector, as the company is working to enhance its technologies in the field of digital infrastructure and advanced communication networks.
Government investments in the development of communication technologies, such as the fifth generation (5G), have also strengthened the arrow for investors, and with increasing dependence on smart communication solutions, Beijing Zhongkehixun is expected to achieve more expansion during the coming periods.
Shenzhen Phoenix Technology
Shenzhen Phoenix Technology witnessed a remarkable rise of +20.00% to 129.01 yuan, confirming his position as one of the most powerful shares in the telecommunications sector.
The company continues to expand it in developing the technologies of the fifth generation networks and optical fibers, which makes it one of the main players in the Chinese telecommunications market, and new partnership contracts and international expansion contributed to supporting the performance of the stock, which made it an attractive option for investors looking for growth opportunities in the technology sector.
Shanghai Amarsoft Info-Tech
Shanghai Amarsoft Info-Tech closed at 54.97 yuan after its rise by +20.00%, reflecting the continuous growth of the software and financial technology sector in China.
The company is working to develop innovative software solutions that meet the needs of financial companies and banks, benefiting from the accelerated digital transformation in the Asian markets, and the increasing investments in the field of artificial intelligence and financial analyzes enhance the ability of Shanghai Amarsoft Info-Tech to make more profits and growth during the coming periods.
