---
title: "Closing Review: The ChiNext Index closed down nearly 1%, with over 4,400 stocks declining in both markets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241363095.md"
description: "Today, the stock market closed with the ChiNext Index down nearly 1%, and the Shanghai Composite Index and Shenzhen Component Index saw their declines widen. Gaming stocks and bank stocks performed strongly, with Kunlun and CITIC BANK showing significant gains; the military industry sector was active, with Teemsun hitting the daily limit. In contrast, solid-state battery and chemical concept stocks generally retreated, with individual stocks declining, and over 4,400 stocks fell. The Shanghai Composite Index closed at 3,380.19 points, down 0.22%; the Shenzhen Component Index at 10,219.62 points, down 0.72%; and the ChiNext Index at 2,045.57 points, down 0.96%"
datetime: "2025-05-22T07:02:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241363095.md)
  - [en](https://longbridge.com/en/news/241363095.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241363095.md)
---

# Closing Review: The ChiNext Index closed down nearly 1%, with over 4,400 stocks declining in both markets

The index fluctuated and adjusted in the afternoon, with the ChiNext Index closing down nearly 1%, and the Shanghai Composite Index and Shenzhen Component Index widening their declines. In terms of sectors, gaming stocks strengthened in the afternoon, with Kunlun hitting the 20% limit up; bank stocks remained strong, with CITIC BANK and Qingdao Bank leading the gains; the military industry sector was active, with Teemsun hitting the 20% limit up, and companies like Sichuang Electronics and Galaxy Electronics also hitting the limit up during the session; the solid-state battery concept fell into a correction, with Lingge Technology and Honggong Technology leading the declines; the chemical sector collectively adjusted, with Jiangtian Chemical and Zhongyida leading the declines; the consumer sector weakened, with beauty and personal care leading the declines, and Jinbo Biology and Kexin Co., Ltd. among the biggest losers. Overall, individual stocks showed a widespread decline, with over 4,400 stocks falling. By the close, the Shanghai Composite Index reported 3,380.19 points, down 0.22%; the Shenzhen Component Index reported 10,219.62 points, down 0.72%; and the ChiNext Index reported 2,045.57 points, down 0.96%. On the market, the banking, gaming, and military electronics sectors led the gains, while non-metallic materials, beauty and personal care, and battery sectors led the declines

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