The wind has changed, and the market value of leading cosmetics companies evaporated by 21 billion in one day.

In recent years, the stock market has become one of the trending topics in society. With the stock market blossoming across the board around National Day, data shows that during this bull market, Chinese investors earned an average profit of 47,000 yuan per person.

This rapid rise in the stock market began on September 24, fueled by national interest rate cuts and monetary easing policies, leading to strong overall performance. From the opening of the Shanghai Index at 2770.75 points on September 24 to its closing at 3489.78 points on October 8, the stock market maintained a strong upward trend, breaking multiple records in one day. The trading volume of the Shanghai and Shenzhen markets surpassed 3 trillion yuan for the first time, reaching 3.45 trillion yuan.

However, after the craze, market enthusiasm plummeted. On October 9, the three major A-share indexes (Shanghai Composite, Shenzhen Component, and ChiNext) all opened significantly lower. Nearly 5000 stocks in the Shanghai, Shenzhen, and Beijing markets fell that day. By the close on the 9th, the Shanghai Index had fallen to 3258.86 points, a decrease of 6.62%.

During this stock market fluctuation, major cosmetics company stocks fell across the board. Proya fell 9.17%, closing at 110 yuan per share; Betainie dropped 17.03%, with a closing price of 58.33 yuan per share. However, in the Hong Kong stock market, Shangmei and Giant Biotech remained strong, with stock prices continuing to rise.

With the changing dynamics of the stock market, cosmetics listed companies are facing many challenges and opportunities. On one hand, the continuous rise in stock prices has pushed several companies' market value to break historical records; on the other hand, market fluctuations have led to a reshuffle in the industry’s market value rankings.

During the stock market surge, the market value of major cosmetics companies increased by 77 billion yuan in a week. Companies like Betainie and Huaxi Bio saw their stock prices increase by over 40%, with Betainie’s growth particularly impressive at 46%, and its market value surged by 77%. Betainie's stock price rose from 39.7 yuan per share on September 24 to 70.3 yuan per share on October 8.

Specifically, the major beauty companies had market value increases of: Betainie 46%, Huaxi Bio 46%, Proya 37%, Giant Biotech 34%, Marubi 30%, S.I.A. 27%, Shanghai Jahwa 23%, Shangmei 20%, Fullcare 16%, and Freeda 16%. The total market value of these ten cosmetics companies reached 233 billion yuan on October 8.

But in the following day's trading, these companies’ market value quickly dropped to 212 billion yuan, a loss of 21 billion yuan. Accompanying the price fluctuations, the market leader position continuously shifted between Proya and Giant Biotech. For example, on October 4, Giant Biotech’s market value hit a historical high, but by the close on the 8th, its market value had decreased to 52 billion Hong Kong dollars, lower than Proya’s 48 billion yuan.