A-shares closing review: The ChiNext Index fell more than 2%, with over 4,300 stocks declining across the market

A-shares Market Closing: ChiNext Index Falls by More Than 2%, More Than 4,300 Stocks Decline Across the Market

21st Century Business Herald 21 News

2026-04-02 15:04

Southern Finance, April 2 — The market fluctuated throughout the day and adjusted, with the ChiNext Index and the STAR 50 Index both falling by more than 2%, and the Shenzhen Component Index falling by more than 1%. By the close, the Shanghai Composite Index fell by 0.74%, the Shenzhen Component Index fell by 1.6%, and the ChiNext Index fell by 2.31%. The combined trading value of the Shanghai and Shenzhen markets was 1.84 trillion yuan, down by 169.5 billion yuan from the previous trading day. On the trading board, more than 4,300 stocks across the market declined. In terms of sectors, the pharmaceutical sector rose against the trend: Tianjin Pharmaceutical achieved five consecutive limit-ups, Shuanglu Pharmaceutical hit four limit-ups in seven days, and Peking University Medical and Yibai Pharmaceutical each hit two consecutive limit-ups. Oil and gas stocks showed active performance, with China Oil Engineering, Heshun Petroleum, Bohui Shares, Beiken Energy, and Lanyan Holding all hitting the daily limit. The optical fiber concept saw repeated strength, with Xinneng Taishan hitting six limit-ups in eight days, Zhongli Group hitting six limit-ups in ten days, and Longfei Optical Fiber, Tefa Information, and Hengtong Optoelectronics all continuing to set new historical highs. On the downside, the computing power leasing concept saw a collective correction, with many stocks such as Qunxing Toys, UCloud, and Litong Electronics falling sharply.

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Southern Finance, April 2 — The market fluctuated throughout the day and adjusted, with the ChiNext Index and the STAR 50 Index both falling by more than 2%, and the Shenzhen Component Index falling by more than 1%. By the close, the Shanghai Composite Index fell by 0.74%, the Shenzhen Component Index fell by 1.6%, and the ChiNext Index fell by 2.31%. The combined trading value of the Shanghai and Shenzhen markets was 1.84 trillion yuan, down by 169.5 billion yuan from the previous trading day. On the trading board, more than 4,300 stocks across the market declined. In terms of sectors, the pharmaceutical sector rose against the trend: Tianjin Pharmaceutical achieved five consecutive limit-ups, Shuanglu Pharmaceutical hit four limit-ups in seven days, and Peking University Medical and Yibai Pharmaceutical each hit two consecutive limit-ups. Oil and gas stocks showed active performance, with China Oil Engineering, Heshun Petroleum, Bohui Shares, Beiken Energy, and Lanyan Holding all hitting the daily limit. The optical fiber concept saw repeated strength, with Xinneng Taishan hitting six limit-ups in eight days, Zhongli Group hitting six limit-ups in ten days, and Longfei Optical Fiber, Tefa Information, and Hengtong Optoelectronics all continuing to set new historical highs. On the downside, the computing power leasing concept saw a collective correction, with many stocks such as Qunxing Toys, UCloud, and Litong Electronics falling sharply.

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