A-shares close: ChiNext Index opens lower and declines 2.31%, oil and gas stocks defy the trend and strengthen

NightAirdropper · 2026-04-04T20:19:12+00:00

The market experienced fluctuations throughout the day, with the three major indices declining. The Shanghai Composite Index fell by 0.74%. Oil, gas, and pharmaceutical stocks strengthened, with Tianjin Pharmaceutical continuously hitting the daily limit. The precious metals and computing power leasing sectors pulled back. Overall, more stocks declined than rose, and trading was active.

NightAirdropper

2026-04-04 20:19:12

Abstract generation in progress

1、The market saw intraday volatility and adjustments throughout the day, and all three major indexes declined together. Oil and gas stocks moved higher against the trend; companies such as BoHui Co., Ltd. , Heshun Petroleum , Becken Energy , and Zhongyou Engineering all hit their daily limit. Pharmaceutical stocks repeatedly turned active; Tianjin Tasly achieved five consecutive daily limits, while Peking University Medicinal, Yibai Pharmaceutical, and Hopeful China also hit their daily limits. On the downside, the precious metals sector fell, with Xaocheng Technology down more than 7%; the cloud-computing power leasing concept adjusted, and Litong Electronics fell more than 8%. More stocks declined than rose: over 4,400 shares across the Shanghai, Shenzhen, and Beijing markets were in the red, and today’s trading volume was 1.86 trillion. By the close, the SSE Composite Index was down 0.74%, the SZSE Component Index down 1.6%, and the ChiNext Index down 2.31%.

2、In terms of sector and concept performance, sectors such as oil and gas, pharmaceuticals, shipping, and pork were leading on gains, while sectors including cloud-computing power leasing, precious metals, film and television, and gaming were among those with the largest declines.

3、A total of 894 stocks rose across the two markets, 31 hit their daily limit, 4,237 stocks fell, 16 stocks hit their downside limit, 18 stocks broke through then reversed after hitting the limit (failed limit-ups), with a failed-limit-up rate of 42%.

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