One Year After 924 Rally: 170 Stocks See Market Cap Decline with China Petroleum & Chemical Corporation Down 106.9 Billion Yuan, Shaanxi Coal Industry Down 35.6 Billion Yuan, Wanhua Chemical Down 29 Billion Yuan

Deep News09-17

On September 17, A-share market data reveals significant market value contractions one year after the "924 rally." From September 24, 2024, to September 16, 2025, 170 stocks experienced market capitalization declines, with 16 stocks recording losses exceeding 10 billion yuan.

China Petroleum & Chemical Corporation led the declines with a market value contraction of 106.9 billion yuan, followed by Shaanxi Coal Industry Company Limited with a 35.6 billion yuan decrease, and Wanhua Chemical Group Co.,Ltd. with a 29 billion yuan reduction in market capitalization.

The data highlights the volatility in the Chinese equity market one year following the notable September 24 market movement, demonstrating the challenging environment facing investors across various sectors including energy, coal, and chemical industries.

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