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Morning Review: Shanghai Composite Index rises 0.03%, Chemical Industry sector surges
People’s Finance News, April 7—Today, the three major indexes all opened higher together. Afterwards, they surged up and then retreated, with the ChiNext Index and the Shenzhen Component Index turning green again, while the Shanghai Composite’s gain narrowed. As of the midday close, the Shanghai Composite was up 0.03%, the Shenzhen Component was down 0.20%, and the ChiNext Index was down 0.46%. On the trading board, the chemical sector surged, with directions such as glyphosate, pest control, organosilicon, and disperse dyes leading the way. More than 20 stocks hit the daily limit, including Xin’an Shares, Dongyue Silicone Materials, Chitianhua, and Zuihua Shares. The chicken meat concept fluctuated and rose, with Huatong Shares and Juxing Agriculture and Animal Husbandry hitting the daily limit. The PCB concept was active, and stocks such as Huazheng New Materials and Hongchang Electronics hit the daily limit. The storage chip concept moved higher, with Shenzhen Huqiang and Bairong Shares hitting the daily limit. The solid-state battery concept strengthened, with Guosheng Technology and Shengquan Group hitting the daily limit. Sectors including chemical fiber, diversified financials, chemicals, agriculture and forestry and animal husbandry, and semiconductors led in gains; sectors including airlines, insurance, banks, and transportation infrastructure led in declines.