Shanghai Composite Index rises 0.02%, the white liquor sector opens higher, Guizhou Moutai up over 3% | Market Opening Report

NightAirdropper · 2026-04-01T22:09:16+00:00

On March 31, the Shanghai and Shenzhen indices opened with mixed gains and losses, with the liquor and precious metals sectors performing strongly, and Kweichow Moutai rising over 3%. The automobile manufacturing sector strengthened, with Yutong Bus achieving a record high in performance. Oil and gas stocks underperformed, while the Hang Seng Index rose slightly.

NightAirdropper

2026-04-01 22:09:16

Abstract generation in progress

Reporter******|Huang Sheng******

Editor**|****Zhang Jinh e Du Bo **Proofread by|Jin Mingyu

On March 31, the four major indices opened mixed. The Shanghai Composite Index rose 0.02% at the open, the Shenzhen Component Index fell 0.31% at the open, the ChiNext Index fell 0.80% at the open, and the STAR Market Composite Index fell 0.40% at the open.

Alcohol liquor and precious metals sector indices led the gains, while sectors including CPO, power, and lithium mining led the declines. Kweichow Moutai opened up more than 3%. The company announced that it would raise the price of Feitian Moutai liquor; its self-operated retail price increased to 1539 yuan per bottle.

Automobile complete-vehicle sector strengthened. In the bus segment, gainers led the way. Zhengzhou Yutong Bus and Shaoguang Co. both hit their daily limit; Zhongtong Bus, King Long Motor, Jiangling Motors, and Ankai Bus posted relatively strong gains. On the news front, on March 30, Yutong Bus released its 2025 annual report. Benefiting from continued growth in overseas market demand, it achieved net profit attributable to shareholders of 55.54 billion yuan, up 34.94% year over year, setting a historical record.

Oil and gas stocks weakened.

The Hang Seng Index in Hong Kong opened up 0.27%, while the Hang Seng Tech Index opened up 0.08%.

(Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Please verify before using. If you act on this, you bear the risk.)

****Cover image source: Visual China ****

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