1 April 2026, situasi membaik, pasar kembali pulih!

1 April 2026, Wednesday.

Last night, there was some indication from Dòngwáng that they might withdraw, and the peripheral markets surged significantly, so the expectations for A-shares are also optimistic.

Yesterday, I traded Tongda Shares and Hongkai; I can’t remember the last time I saw an opening above 5% for more than a moment. The market opened steady, then I chose to take profits and exit. Although I sold too early, at least I aimed for a good start in April.

Today, the most vigorous sectors in the bidding were AI hardware and chips. I selected Taiji Industrial, Yongding Shares, China Geostone, Industrial Fulian, Dongcai Technology, Calt Technology, Huasheng Tiancheng, Shiji Huadong, which mostly fluctuated around 5%.

Afterward, the pharmaceutical sector strengthened across the board. I picked Anglicon, Yibai Pharmaceutical, Kelun Pharmaceutical, Jingxin Pharmaceutical, Zhongyao Holdings, Hasanlian, Peking University Medicine. Among them, Anglicon, Yibai Pharmaceutical, and Peking University Medicine surged sharply, many with straight-line increases below 8%. I couldn’t keep up and missed several opportunities in a row. In the end, only Jingxin Pharmaceutical remained. I checked the first-day limit-up situation in pharmaceuticals; I remembered there had already been over a dozen limit-ups, which made me feel a bit uncomfortable. I watched Jingxin Pharmaceutical for a while but saw no signs of a surge, so I decided not to trade pharmaceuticals today.

Pharmaceuticals strengthened, but the strength of AI hardware and computing power sectors was also quite good, with no significant pullback. Overall market sentiment was positive. The only limiting factor for hardware stocks was volume; today, trading volume did not increase, so lifting these stocks was not easy. The gap at 3955 still posed a challenge, but overall, if good stocks appeared, I would still consider trading them.

Then I saw a sudden move in the photovoltaic sector. The sector’s impression was that BC batteries jumped directly into the top three in the gainers list. I remembered that stocks like Maiwei Shares and Laplace were among the active ones. I then picked a few more photovoltaic-related stocks: Hongyuan Green Energy, Kaisheng New Energy, Saiwu Technology. However, the sector’s strength didn’t last long; it fell back quickly—typical of stocks that rise and fall fast, usually driven by some news or rumors during the day.

At noon, I checked again and found that a certain media outlet had reported that Laplace secured Tesla’s Phase II photovoltaic project order. Laplace’s stock surged straight to the limit-up. During lunch, the company issued a denial, but after the market reopened in the afternoon, Laplace’s stock suddenly crashed. That media outlet is a habitual offender; last time, they spread false news to manipulate the stock price, which the company later refuted. I looked into such media organizations; even if penalized, the maximum fine is only 200,000 yuan. I sincerely hope that regulatory rules can be improved. A fine of 200,000 yuan is laughable, and no wonder these media outlets are so arrogant—compared to a 200,000 yuan penalty, their profit-making efficiency is roughly on par with Dòngwáng. It’s truly infuriating. I suggest increasing the maximum penalty to over 2 million yuan, plus compensation for investors’ losses, and a five-year ban from the market.

Later in the afternoon, Yongding Shares hit the limit-up. My old favorite, it surged directly to the top.

April has started off quite well so far. I just hope Dòngwáng doesn’t cause any trouble. As long as the situation doesn’t escalate, April should at least see some fluctuation, not as crazy as March.

We’ll see tomorrow!