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STAR 50 index falls more than 4% on October 8, drops 4% again on October 9

🇨🇳 China 08:15 Finance & markets Business2 Tech updated 3 d ago first reported by 第一财经

In short

China's STAR 50 index fell steadily through trading on October 8, 2026, with losses widening from 2% in the morning to more than 4% in the afternoon, when Jiemian reported it at 1467.44 points; Yicai later reported a 5% drop. The decline continued on October 9, when Yicai and Jiemian reported the index down 4%, with Jiemian putting it at 1397.68 points.

Read the full story 1 min read

The STAR 50 index fell through the session on October 8, 2026. Yicai and Jiemian reported a 2% drop in the morning, widening to 3% before midday, with Jiemian putting the index at 1499.3 and then 1484.51 points. In the afternoon, Yicai, 36Kr and Jiemian reported losses of more than 4%; Jiemian gave a level of 1467.44 points, and 36Kr said only 6 constituent stocks were rising. Yicai reported at 14:01 that the index had fallen 5%. [ 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 ]

Losses continued on October 9. Jiemian reported the index down 3% at 1412.55 points and then down 4% at 1397.68 points. Yicai reported the 4% drop, with only 9 constituent stocks rising, and said the ChiNext index was down more than 3%. According to Yicai, Dingtai Gaoke, Runze Keji, Feilihua, Xiangnong Xinchuang, Tongguan Tongbo and Sanhuan Jituan each fell about 9%. None of the reports gave a cause for the decline. [ 9 , 10 , 11 ]

Why it matters

The reports show losses on the index extending across two trading days, with 36Kr and Yicai reporting that only a handful of constituent stocks were rising. Yicai also reported the ChiNext index down more than 3% on October 9, indicating the selling was not limited to one index.

Key facts

  • On October 8, the STAR 50 index's decline widened from 2% in the morning to more than 4% in the afternoon. [ 1 , 2 , 3 , 4 , 5 , 6 , 7 ]
  • Jiemian reported the index at 1499.3 points with a 2% drop, at 1484.51 points with a 3% drop, and at 1467.44 points with a drop of more than 4% on October 8. [ 2 , 4 , 7 ]
  • Yicai reported at 14:01 on October 8 that the STAR 50 index had fallen 5%. [ 8 ]
  • 36Kr reported that only 6 constituent stocks were rising when the index was down more than 4% on the afternoon of October 8. [ 6 ]
  • On October 9, the STAR 50 index's decline widened to 4%; Jiemian put it at 1397.68 points. [ 9 , 11 ]
  • Yicai reported on October 9 that only 9 constituent stocks were rising and that the ChiNext index was down more than 3%. [ 9 ]
  • Yicai reported that Dingtai Gaoke (鼎泰高科), Runze Keji (润泽科技), Feilihua (菲利华), Xiangnong Xinchuang (香农芯创), Tongguan Tongbo (铜冠铜箔) and Sanhuan Jituan (三环集团) each fell about 9% on October 9. [ 9 ]

Confirmed by several sources

  • The STAR 50 index fell 2% on the morning of October 8. [ 1 , 2 ]
  • The STAR 50 index's decline widened to 3% on the morning of October 8. [ 3 , 4 ]
  • The STAR 50 index fell more than 4% on the afternoon of October 8. [ 5 , 6 , 7 ]
  • The STAR 50 index's decline widened to 4% on October 9. [ 9 , 11 ]

Still unclear

  • Whether the STAR 50 index reached a 5% drop on October 8. Only Yicai reported a 5% fall; other outlets reported a drop of more than 4%.
  • Where the index closed on either day. The documents give only intraday readings, not closing levels.
  • What caused the decline. None of the documents gives a reason for the selling.
  • The ChiNext index's decline and the roughly 9% falls in individual stocks on October 9. These are reported by Yicai only.

What local media are saying

Business mediaYicai and Jiemian ran a series of short flash reports tracking the STAR 50 index's widening losses on both days, with Jiemian giving index levels and Yicai adding the ChiNext decline and individual stocks that fell about 9% on October 9. [ 1 , 2 , 3 , 4 , 5 , 7 , 8 , 9 , 10 , 11 ]
Technology media36Kr reported the index falling more than 4% on the afternoon of October 8, noting that only 6 constituent stocks were rising. [ 6 ]

Timeline, local time

  1. October 8: Yicai reports the STAR 50 index down 2%. [ 1 ]
  2. October 8: Jiemian reports the decline widening to 2%, with the index at 1499.3 points. [ 2 ]
  3. October 8: Yicai reports the decline widening to more than 3%. [ 3 ]
  4. October 8: Jiemian reports the decline at 3%, with the index at 1484.51 points. [ 4 ]
  5. October 8: Yicai reports the decline widening to 4%. [ 5 ]
  6. October 8: 36Kr reports the index down more than 4%, with only 6 constituent stocks rising. [ 6 ]
  7. October 8: Jiemian reports the index down more than 4% at 1467.44 points. [ 7 ]
  8. October 8: Yicai reports the index down 5%. [ 8 ]
  9. October 9: Yicai reports the STAR 50 index down 4% with only 9 constituent stocks rising, and the ChiNext index down more than 3%. [ 9 ]
  10. October 9: Jiemian reports the index down 3% at 1412.55 points and down 4% at 1397.68 points. [ 10 , 11 ]