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China A-shares fall sharply on Sept 28 amid global liquidity and tech sector worries

Market News
29 Sep 2026
Seeking Alpha
View Source
Bearish
China A-shares fall sharply on Sept 28 amid global liquidity and tech sector worries

On September 28, China's A-shares experienced a broad sell-off with the CSI 300 Index dropping 2.2%, and the ChiNext and STAR Market Composite indices falling over 4%. The communications sector saw a steep decline of more than 7%. China Asset Management Company attributes the market correction to tightening global liquidity, pre-holiday risk aversion, and concerns in the technology sector. Despite the slump, ChinaAMC expects risks to be released and foresees A-shares remaining range-bound rather than entering a sustained decline.

China A-shares market moves provide context as of Sep 29, 2026 21:02 WIB. For readers following technology-sector US stocks on Pluang, 72 out of 150 stocks rose while 76 fell today. Notable movers include NBIS at USD 239.69 with a 1-day change of +3.37%, MRVL at USD 260.35 with +3.35%, and ENTG at USD 155.54 with +3.26%, with ENTG showing 100% buy order activity.

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