A-shares midday review: The three major indices surged then pulled back, the ChiNext Index fell over 2%, and more than 3,600 stocks in the market declined.

K-LinePoet · 2026-04-07T07:53:48+00:00

As of the midday close, the Shanghai Composite Index fell 0.38%, the Shenzhen Component Index dropped 1.45%, the ChiNext Index declined 2.36%, and the NASDAQ 50 decreased 0.1%. The total market trading volume was 1.34T yuan, an increase of 8.6B yuan compared to the previous day.In terms of sectors and themes, the rail transit equipment, liquor, and banking sectors led the gains; coal and agrochemical sectors saw the biggest declines.In the market, the rail transit equipment sector experienced a collective surge, with Jinying Heavy Industry hitting the 20CM daily limit, Jiaotie Iron and Steel Development and Tongye Technology rising over 10%, and China Railway Industry and Jinxi Axle hitting the daily limit. The liquor sector opened high but then declined, with Huangtai Liquor rising over 5% and Kweichou Moutai up over 2%. The banking sector moved higher, with Bank of China and Agricultural Bank of China rising over 3%. The coal sector weakened, with Shanxi Black Cat, Zhengzhou Coal & Electric, and Yunnan Coal Energy falling over 7%. The agrochemical products sector declined across the board, with Chitianhua dropping over 7%, Hunan Haili, Salt Lake Shares, and Jinjingda falling over 6%.

K-LinePoet

2026-04-07 07:53:48

By midday, the Shanghai Composite Index was down 0.38%, the Shenzhen Component Index was down 1.45%, the ChiNext Index was down 2.36%, and the Beijing 50 was down 0.1%. The total market turnover was 1.34T yuan, up by 8.6B yuan versus the previous trading day.
In terms of sector themes, railway equipment, liquor, and the banking sector led the gainers; coal and agricultural chemical products led the decliners.
On the trading board, the railway equipment sector surged across the board: Jinyei Heavy Industry hit the 20CM daily limit, Jiao Da Tiefa and Tongye Technology both rose more than 10%, China Railway Engineering Corporation and Jinxi Industry both hit the daily limit and held the orders. The liquor sector opened higher and then weakened: Huangtai Liquor rose more than 5%, and Kweichow Moutai rose more than 2%. The banking sector moved higher: Bank of China and Agricultural Bank of China rose more than 3%. The coal sector weakened: Shanxi Heimao, Zhengzhou Coal Power, and Yunmei Energy all fell more than 7%. Agricultural chemical products fell across the board: Chitianhua fell more than 7%, Hunan Haili, Salt Lake Co., and Kingenta all fell more than 6%.

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