Largest volume: 85,713,281,024 shares changed hands on the benchmark Shanghai
Composite on April 20, at the height of China's equities fever.
Point peak: A series of interest
rate cuts and voracious buying from retail investors sent the index to a
seven-year high of 5,178 points on June 12.
Biggest drop: The index slumped 8.5 percent on August 24, its biggest one-day
percentage loss since 2007, ripping through the 3,500 key support level and
wiping out all gains for the year as investors panicked about the Chinese
economy.
Lowest level: The Shanghai Composite hit 2,850 points-its lowest level of the year—on August 26, marking a 45 percent loss over roughly three months.
Lowest level: The Shanghai Composite hit 2,850 points-its lowest level of the year—on August 26, marking a 45 percent loss over roughly three months.
Largest volume increase: The benchmark registered its biggest one-day jump in volumes on
September 14, with a 54.4 percent increase in the number of stocks changing
hands, as Beijing's intervention program kicked in.
Big cost: The government's
market-boosting measures cost the country more than USD 200 billion, according
to Goldman Sachs' estimates.
Stock stars: Real estate firm Kunwu Jiuding Investment was the best
performing stock of the year, up a whopping 726 percent, followed by a 637
percent gain for Chongqing Zaisheng Technology, a maker of microfiber glass
wool products. Advertising agency Inly Media ranked third with a 583 percent
increase in its share price.
Biggest lemons: Coal producer Inner Mongolia Yitai was the worst performer, down
43 percent. Citic Securities, China's largest brokerage, and fastening
product-maker Gem-Year Industrial declined 42 percent for equal second.
Biggest winners: Despite a multi-month crash that wiped trillions off their
values, the Shanghai Composite and the Shenzhen Composite still rank among
Asia's best three performing markets this year, clocking up gains of 10 and 64
percent, respectively.
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