China A-Share Benchmarks Close Lower; Gold Miners Hit Limit Down as Pharma Stocks Rally
2026-06-23 07:48:48
China’s A-share benchmarks closed lower, with the Shanghai Composite Index down 1.37%, the Shenzhen Component Index down 3.17%, and the ChiNext Index down 3.84%, according to 36Kr. Precious metals stocks slumped, with Luoyang Molybdenum, Zijin Mining’s peer Zhongjin Gold, and Chifeng Jilong Gold hitting their daily limit down. Semiconductor and copper-clad laminate-related names weakened, with Tongguan Copper Foil, Nanya New Material and Zhongjuxin down more than 10%, and Montage Technology down more than 7%. Pharmaceutical stocks rose against the trend, with Teyi Pharmaceutical and Xinhua Pharmaceutical among shares that hit limit up.
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