A-shares midday review: Shenzhen Component Index and ChiNext Index both fell more than 1% in the first half of the day, while coal, energy, and chemical sectors defied the trend and strengthened.

K-LinePoet · 2026-04-03T00:33:21+00:00

The three major indices in the A-shares market collectively declined in the early trading session, with the Shanghai Composite down 0.64%, the Shenzhen Component down 1.35%, and the ChiNext Index down 1.67%. Over 4,100 stocks fell, and trading volume decreased compared to the previous day. Some energy and chemical fiber sectors rose, influenced by international oil prices. Technology stocks and minor metals sectors performed poorly.

K-LinePoet

2026-04-03 00:33:21

Abstract generation in progress

China’s A-share three major indices fell across the board in early trading. As of midday, the Shanghai Composite Index was down 0.64%, the Shenzhen Component Index was down 1.35%, the ChiNext Board Index was down 1.67%, and the BEI 50 Index was down 1.08%. In the first half of the session, the combined trading value of the Shanghai, Shenzhen, and Beijing markets totaled CNY 160.71 billion, down CNY 74.4 billion versus the previous day. More than 4,100 stocks across the market declined.

By sector and theme, Coal Mining and Processing, Chemical Fibers, Oil & Gas Extraction and Services, Coal-to-Chemicals, Steel, Pork, Fertilizers, and Soybeans led the gainers. Small Metals, Military Equipment, Grid Equipment, Cultured Diamonds, High-Speed Copper Cable Connectivity, Construction Machinery, Advanced Packaging, and Satellite Navigation were among the biggest decliners. On the trading floor, the Strait of Hormuz remained closed continuously; international oil prices jumped higher again. Energy sectors such as Oil and Petrochemicals and Coal surged collectively. Huadian Energy logged its third consecutive limit-up. Shaanxi Heimao and Baotailong also followed with gains. The Chemical Fibers sector opened higher and hit limit-up early, with Jilin Chemical and Zhongfu Shenying both achieving daily price limits. Reports said China’s independently developed T1200-grade ultra-high-strength carbon fiber debuted globally for the first time today. In addition, Steel, Soybeans, and Banks performed strongly.

On the other hand, rising oil prices weighed on risk appetite. Many technology stocks, such as high-speed copper cable connectivity and semiconductors, fell. Zhongfu Circuit, HuiLv Ecology, and BVI Storage led the decliners by percentage. The Small Metals sector also performed poorly, with Zhangyuan Tungsten and Western Materials leading the losses.

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