Morning Review: Shanghai Composite Index down 0.93%, CPO concept defies the market and rises

MetaMuskRat · 2026-04-04T03:07:23+00:00

People's Financial News, April 3rd — This morning, the three major indices opened higher but then weakened. By midday, the Shanghai Composite Index fell 0.93%, the Shenzhen Component Index dropped 0.73%, and the ChiNext Index declined 0.21%. In the market, the CPO concept rose against the trend, with multiple stocks such as Yitian Shares and Tongyu Communications hitting the daily limit. The innovative drug concept stocks showed mixed performance, with JinYao Pharmaceutical continuing to hit the daily limit, while Lianhuan Pharmaceutical fell to the limit. Additionally, sectors like photolithography equipment, diversified finance, and others led the gains, while power, lithium mining, aquaculture, gas supply and heating, tourism, and coal sectors declined. Over 4,700 stocks in the entire market fell, with half-day trading volume exceeding 1 trillion yuan.

MetaMuskRat

2026-04-04 03:07:23

People’s Finance News, April 3—Today, in the morning session, the three major index benchmarks opened higher but then weakened. By the close at midday, the Shanghai Composite Index was down 0.93%, the Shenzhen Component Index was down 0.73%, and the ChiNext Price Index was down 0.21%. On the trading board, the CPO concept rose against the trend; several stocks such as Yitian Shares and Tongyu Communications hit the daily limit up. The shares related to innovative drugs showed mixed performance: Tianjin Pharmaceuticals continued to hit the daily limit up, while Lianhuan Pharmaceutical hit the daily limit down. In addition, sectors such as lithography machines and diversified finance were among the top gainers, while most sectors including power, lithium mining, animal husbandry, gas and heating supply, tourism, and coal saw declines. Across the entire market, more than 4,700 stocks fell, and total trading value for the first half of the day exceeded 1 trillion yuan.

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