ChiNext and STAR 50 Indices Plunge Over 6% Before Midday Trading Break

A-share tech-heavy indices suffer sharp midday declines, with ChiNext and STAR 50 dropping over 6%, while broader Shanghai and Shenzhen indexes fall 1.2% and 3.86% respectively.

Woofun AI data shows that the ChiNext Index and the SSE STAR 50 Index both declined by more than 6% prior to the midday trading halt on July 30th.

Concurrently, the Shenzhen Component Index registered a drop of nearly 3.86%, while the Shanghai Composite Index fell by 1.2%.