A-shares closing review: Shanghai Composite Index drops 0.74%, narrowly holding above 3,900 points, with over 4,300 stocks declining across the market

(Source: Kechuang 100 ETF Fund)

As of the close, the Shanghai Composite Index fell 0.74% to 3,919.29 points, the Shenzhen Component Index dropped 1.6% to 13,486.94 points, the ChiNext Index declined 2.31% to 3,172.65 points, and the CSI 50 rose 0.3% to 1,281.91 points. The total market turnover was 1.8577 trillion yuan, a decrease of 167 billion yuan compared to the previous day’s volume.

In terms of sectors and themes, oil and gas, and pork sectors led the gains; computing power and film and television theater sectors led the declines.

Market overview: The oil and gas sector opened high and continued upward, with China Oil Engineering (600339), Blue Flame Holdings, and Beiken Energy (002828) hitting the daily limit. News-wise, after Trump delivered a speech on Iran war, WTI crude oil broke through $103 per barrel, rising 4.07% intraday. Brent crude oil surged $4 within the day, currently at $102.86 per barrel, up 4.06%. The pork sector strengthened, with Superstar Agriculture (603477) hitting the daily limit, and Dayu Biological rising over 7%. According to news, the Ministry of Commerce and other departments are conducting central reserve frozen pork stockpiling. The computing power sector weakened, with Jinkai New Energy (600821), Qunxing Toys (002575), and UCloud (优刻得) falling over 8%. The film and television theater sector continued to decline, with Jinyi Film (002905) hitting the daily limit, and Huayi Brothers (300027) and Baina Qiancheng (300291) falling over 4%.

Hotspot overview:

Limit-up ladder:

【5 consecutive limit-ups】 Tianjin Pharmaceutical (600488).

【3 consecutive limit-ups】 Tongda Co., Ltd. (002560), Xinghui Circular Material (300834), Xinzhonggang (605162).

【2 consecutive limit-ups】 Peking University Medicine (000788), Yibai Pharmaceutical (600594).

Main capital inflow sectors:

NO.1 【Pork】 net capital inflow of 788 million yuan, 1 stock hit the limit-up, 23 stocks rose.

NO.2 【Terahertz】 net capital inflow of 752 million yuan, 7 stocks rose.

NO.3 【Fertilizer】 net capital inflow of 477 million yuan, 1 stock hit the limit-up, 17 stocks rose.

What’s hot in today’s market:

【Oil and Gas Exploration and Services】

Related stocks:

News: President Trump announced in a speech on April 1 that the U.S. will implement stronger military strikes on Iran in the coming weeks. (CCTV News)

【Artificial Intelligence】

Related stocks: Sanwang Communications, Xin Ganjiang, Hefei China

News: Great Wall Securities (002939) released a research report indicating that the price of China G.562.D bare fiber optic cable increased by over 80% between November 2025 and January 2026, pushing China’s prices above Europe and India. This is the first time in over seven years that China’s prices have exceeded European levels. The underlying supply-demand pattern is changing, with upstream supply tightening and ongoing infrastructure investments stacking up. Accelerated AI data center construction has led to rapid growth in demand for optical fiber cables, with the fiber optic cable industry having considerable growth potential. As demand in the fiber optic cable market rises, the market will focus on leading global companies, and manufacturers with full industry chain manufacturing capabilities for fiber cables will benefit more.

【Soccer Concept】

Related stocks: Shuhua Sports, Zhongti Industry, Jinling Sports

News: The schedule for the US, Canada, and Mexico World Cup has been announced, with the opening match scheduled for June 12 at 3 a.m. The 48 participating teams have been confirmed, and the specific groupings have been listed.

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