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SHE:159127 17 November 2025

Shenzhen Stock Exchange Today (Nov 17, 2025): Shenzhen Component slips 0.11%; Guanghetong (00638) added to Southbound Stock Connect; ‘Nanwang Digital’ (301638) set to list; ETF and local‑government bonds lined up

Shenzhen Stock Exchange Today (Nov 17, 2025): Shenzhen Component slips 0.11%; Guanghetong (00638) added to Southbound Stock Connect; ‘Nanwang Digital’ (301638) set to list; ETF and local‑government bonds lined up

The Shenzhen Component Index closed down 0.11% at 13,202 on Monday, with the ChiNext board off 0.2%. SZSE added Guanghetong (00638) to Southbound Stock Connect, halted Xiamen Jiarong Technology (301148) trading, and announced China Southern Power Grid Digital Grid Research Institute (301638) will debut Nov. 18. Turnover across Shanghai and Shenzhen reached 1.91 trillion yuan.
17 November 2025
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Stock Market Today

  • 3 Reasons to Avoid Adobe Stock and a Better Pick Instead
    March 20, 2026, 7:21 PM EDT. Adobe's stock has fallen 32.4% since September 2025, dropping to $246.27 amid concerns over slowing growth. The company's annual recurring revenue (ARR) grew 13% last year, lagging the software sector. Analysts project revenue growth to slow to 8.5% over the next 12 months, signaling potential demand challenges. Adobe's operating margin, a key profitability metric including stock-based compensation (SBC) costs, has remained flat around 36.6%, raising concerns about expense management. Trading at 3.8 times forward price-to-sales, Adobe's valuation is fair but offers limited upside. Instead, investors may prefer more resilient names like companies owning brands such as Taco Bell, seen as stronger long-term plays in uncertain markets.
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