Xiongan-related stocks had a mixed performance after resuming trading Monday. A number of shares related to the Xiongan New Area, including construction firms and companies in the vicinity of the area, suspended trading on April 11, after days of consecutive gains pushed their stock prices significantly higher.
Among the stocks that resumed trading, five plummeted by the daily limit of 10 percent shortly after opening, signalling receding fever after regulators moved to clamp down on speculation. Juli Sling is among the stocks that saw prices fall by the daily limit of 10 percent on its first day of resuming trading, after surging by the 10 percent limit for six consecutive trading days before trading was suspended.
Meanwhile, other stocks, including Jidong Equipment And Engineering, maintained strong momentum by rising the maximum limit Monday. Chinese shares opened lower and stayed in negative territory in Monday morning trading.