What happened

On September 9, 2026, ST Qingyue (stock code 688496) was listed on the exchange's public trading information due to its price movements meeting two criteria: being among the top five securities with a daily closing price decline of 15% and among the top five with a daily price amplitude of 30%.

The stock closed at 0.73 yuan, representing a decline of 19.78% from the previous close, with a deviation of -19.78%. The turnover rate was 9.82%, and the total transaction amount was 1910.04 million yuan.

Why it matters

The disclosure indicates extreme volatility and significant selling pressure, which may signal investor concerns or market reactions to company-specific news.

Such sharp declines often attract regulatory attention and could impact investor sentiment, though the underlying reasons are not detailed in the source.

Key facts

ST Qingyue was listed on the exchange's public trading information on September 9, 2026.

The stock closed at 0.73 yuan, down 19.78%.

The turnover rate was 9.82%, with a total transaction amount of 1910.04 million yuan.

What to watch next

Investors should monitor any official announcements from the company or regulatory bodies that may explain the sharp price movement.

Further trading patterns could indicate whether the decline is a one-off event or part of a broader trend.

Sources