Sinosun Technology Co Ltd and Market Dynamics

Sinosun Technology Co Ltd, a company based in Shenzhen, China, operates within the Information Technology sector, focusing on electronic equipment, instruments, and components. The company is known for its innovative products such as Paper grain security technology and Paper texture products, which are used to protect banknotes and control vouchers against forgery and cloning. As of June 10, 2025, Sinosun Technology’s stock closed at 13.74 CNY on the Shenzhen Stock Exchange, with a market capitalization of 4,334,399,871 CNY. The stock has experienced significant volatility over the past year, with a 52-week high of 21.97 CNY on December 17, 2024, and a low of 3.85 CNY on June 17, 2024.

Market Activity and Institutional Interest

On June 12, 2025, institutional investors showed increased interest in several stocks on the Shenzhen Stock Exchange. According to data from stock.eastmoney.com, institutions net bought 0.34 billion CNY worth of shares, focusing on ten stocks, while net selling 13 stocks. Notably, companies like Zhaorikeji (兆日科技), Yaojikeji (姚记科技), and Qingmukeji (青木科技) saw significant net buying, with Zhaorikeji’s net buying amounting to 14.61% of its daily trading volume.

Zhaorikeji’s Stock Performance

Zhaorikeji (300333) experienced a notable surge, with its stock price increasing by over 30% over two consecutive trading days on June 11 and 12, 2025. This surge prompted the company to issue a public announcement regarding the abnormal trading volatility of its shares. Despite a challenging first quarter in 2025, with a net loss of 1.23 million CNY, the company’s revenue reached 35.23 million CNY.

Sector Trends and Market Sentiment

The broader market saw a mixed performance on June 12, 2025. The Shenzhen Stock Exchange’s ChiNext Index rose by 0.26%, driven by strong performances in the digital currency and IP economy sectors. Stocks like Zhaorikeji and Xinbeiyang (新北洋) reached their daily price limits, while the digital currency concept saw significant activity, with stocks like Jidazhengyuan (吉大正元) and Geer Software (格尔软件) also hitting their daily limits.

Stablecoin and Digital Currency Concepts

The stablecoin concept gained traction, with Zhaorikeji’s 20CM shares reaching their daily limit. This activity followed the official enactment of the “Stablecoin Regulation” in Hong Kong, signaling China’s move to align with global stablecoin markets. The digital currency concept continued to perform well, with several stocks reaching their daily limits, indicating strong investor interest in this area.

Conclusion

Sinosun Technology Co Ltd remains a key player in the IT sector, with its innovative security products. Meanwhile, the market dynamics around Zhaorikeji and related concepts like digital currency and stablecoins highlight the evolving landscape of the technology and financial sectors in China. Investors and analysts will continue to monitor these trends closely as they unfold.