The four major indices are drifting lower, with high-speed rail transit, automobile manufacturing, and banking sectors rising; computing hardware stocks pull back | A-shares morning session

NightAirdropper · 2026-04-02T01:22:01+00:00

On March 31, the stock market performed poorly in the morning session, with major indices falling collectively and the ChiNext Index dropping over 2%. High-speed rail and automotive stocks rose against the trend, and the banking sector was also active. Relatively, computing hardware and coal sectors performed weakly.

NightAirdropper

2026-04-02 01:22:01

Abstract generation in progress

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

Editor**|****Zhang Jinhe Du Bo **Proofreader|Jin Mingyu

On March 31, the market opened higher and then pulled back in the early session. All four major indices turned green, with the ChiNext Index down more than 2%, and the Shenzhen Component Index and the STAR Market 50 Index both down more than 1%. As of the midday close, the Shanghai Composite Index was down 0.38%, the Shenzhen Component Index down 1.45%, the ChiNext Index down 2.36%, and the STAR Market Composite Index down 1.88%.

The high-speed rail track and related interaction sector surged against the trend. Multiple stocks, including Ge Ying Heavy Industry, China Railway High-Speed, and Jinxi Locomotive Axle, hit their daily price limits.

Automobile OEM stocks rose, with Yutong Bus hitting the daily price limit.

Banking stocks were active despite the broader weakness, with China Banking, Agricultural Bank of China up more than 3%.

On the downside, CPO and PCB, among other computing hardware stocks, adjusted. Deko Li and Dahua CNC fell by more than 10%.

The coal sector declined. Zhengzhou Coal and Yunnan Coal Energy fell by more than 7%.

(Disclaimer: The contents and data in this article are for reference only and do not constitute investment advice. Please verify before using. The risks are borne by those who act accordingly.)

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

Daily Economic News

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.