# tungsten

Thin Liquidity and Sector Rotation Drag China’s Tech-heavy Boards as Turnover Falls Below Rmb2 Trillion

China’s mainland markets closed with mixed results as investor caution pushed combined turnover below Rmb2 trillion for the first time in 31 sessions. Cyclical pockets—chemicals, fiberglass and tungsten—outperformed while tech‑and‑growth boards, including ChiNext, fell more than 1%, and cinema stocks plunged sharply.