Beijing Stock Exchange Turnover Falls to RMB14.788 Billion on Aug 11; Jiakai Biotech Surges 138.53% on Debut
On August 11, the Beijing Stock Exchange recorded a total turnover of RMB14.788 billion, down RMB1.399 billion from the previous trading day, with volume of 677 million shares. Among tradable stocks, 55 closed higher, representing 16.47% of the total, while 271 closed lower. Newly listed Jiakai Biotech surged 138.53% on its debut, with a turnover rate of 82.58% and turnover of RMB417 million. Other top gainers included Fengguang Precision and Tiangang Shares, while Weike Technology, Senhe High-Tech, and Tianli Composite led declines.
On August 11, stocks on the Beijing Stock Exchange recorded a total trading volume of 677 million shares and a turnover of RMB14.788 billion, down RMB1.399 billion from the previous trading day. Among the tradable stocks that day, 55 closed higher, accounting for 16.47% of all tradable stocks, while 271 closed lower. The top gainers included Jiakai Biotech, Fengguang Precision, and Tiangang Shares, which rose 138.53%, 13.93%, and 10.11%, respectively. The biggest decliners were Weike Technology, Senhe High-Tech, and Tianli Composite, which fell 11.31%, 9.66%, and 9.15%, respectively.
Jiakai Biotech, which debuted that day, closed up 138.53%, with a full-day turnover rate of 82.58% and turnover of RMB417 million. In terms of trading activity, 32 stocks recorded a full-day turnover exceeding RMB100 million. The Beijing Stock Exchange stocks with the highest turnover included Hengdong Guang, Jiakai Biotech, and Gobi Jia, with turnover of RMB502 million, RMB417 million, and RMB404 million, respectively.
Regarding stock activity, among the tradable Beijing Stock Exchange stocks that day, 22 had a turnover rate exceeding 10%, of which 8 exceeded 20%. A total of 38 stocks had turnover rates between 5% and 10%, and 195 stocks had turnover rates between 1% and 5%. The stocks with the highest full-day turnover rates were Jiakai Biotech, Longxin Intelligent, and Weike Technology, with turnover rates of 82.58%, 53.52%, and 36.12%, respectively.