In mainland China markets on the 15th, the Shanghai Composite Index fell 0.29% from the previous day to 3,955.58 points, reversing earlier gains. The April–June GDP growth rate released during trading hours came in at 4.3%, below the market forecast of 4.5% and decelerating from the previous quarter's 5.0%, which weighed on sentiment. Tech stocks were notably weak, with the STAR 50 Index dropping 4.3% and underperforming major indices. Jiangsu Changjiang Electronics Technology hit its daily limit down with a 10.0% decline, and ACM Research fell 9.2%. On the other hand, consumer-related shares were firm, with Shanxi Xinghuacun Fen Wine rising 7.0% and China Tourism Group Duty Free gaining 6.9%.
Acm Research IncTech stocks broadly declined, with ACM Research falling 9.2% as part of the sector weakness.
JCET Group Co LtdJCET hit daily limit down 10.0% as tech stocks weighed on the market.
China International Travel Service Corp LtdConsumer-related shares were firm; China Tourism Group Duty Free gained 6.9%.