Market Close: The ChiNext Index opened lower, declined over 2%, while the pharmaceutical sector rose against the trend.

Ask AI · Fiber optic concept stocks hit new highs—how is the industry outlook being viewed?

Daily Economic News AI Express, April 2, the market fluctuated and adjusted throughout the day. The ChiNext Index and STAR Market 50 Index both fell by more than 2%, and the Shenzhen Component Index fell by more than 1%. The combined trading value on the Shanghai and Shenzhen markets was 1.84 trillion yuan, down by 169.5 billion yuan from the previous trading day. By sector, the pharmaceutical sector rose against the trend: Tianjin Tasly Pharmaceutical hit its fifth consecutive daily limit-up, Shuanglu Pharmaceutical hit 4 limit-ups in 7 days, and Peking University Medical and Yibai Pharmaceutical both hit 2 consecutive limit-ups. Oil and gas stocks saw active performance, with PetroChina Engineering, Heshun Petroleum, Bohui Shares, Beiken Energy, and Bluestone Holding hitting daily limit-ups. The fiber optic concept rebounded repeatedly, with Xineng Taishan hitting 6 limit-ups in 8 days, Zhongli Group hitting 6 limit-ups in 10 days, and FiberHome Technologies, Tefa Information, and Hengtong Optoelectronics all continuing to set new historical highs. On the downside, the computing power leasing concept saw a collective adjustment, and multiple stocks—including Qunxing Toys, UCloud, and Litong Electronics—plunged. As of market close, the Shanghai Composite Index fell 0.74%, the Shenzhen Component Index fell 1.6%, and the ChiNext Index fell 2.31%.

Daily Economic News