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China's STAR 50 Index Plunges 7.7% on July 2, Shanghai Composite Falls 2.03%

2026-07-02 07:39:56

According to Financial Services, China's three major stock indices declined sharply on July 2. The STAR 50 Index (Sci-Tech Innovation Board's benchmark) plummeted 7.7%, while the Shanghai Composite Index fell 2.03% and the Shenzhen Component Index dropped 3.85%. The ChiNext Index (growth-focused index) declined 5.71%. Combined turnover across Shanghai and Shenzhen exchanges reached 3.45 trillion yuan. Semiconductor equipment stocks faced sustained pressure, with robotics hardware shares falling broadly; however, innovative pharmaceutical stocks rallied, offsetting broader market weakness.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Global Stock Indices Mixed on July 1; S&P 500 Down 0.23%, Shanghai Composite Up 0.44%

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