PANews reported on April 23 that, according to Cailian Press, the market experienced volatile adjustments, with the ChiNext Index and Shenzhen Component Index falling by more than 1.5% intraday, and the Shanghai Composite Index breaking below 4100 points, ending its five-day winning streak. Zhongji Xuchuang's total market capitalization surpassed one trillion yuan intraday. Trading volume increased significantly, with the combined turnover of the Shanghai and Shenzhen stock exchanges reaching 2.8 trillion yuan, an increase of 244.7 billion yuan compared to the previous trading day. Market hotspots were scattered, with nearly 4100 stocks declining. In terms of sectors, defensive sectors strengthened, with consumer-related sectors such as liquor and retail showing strong performance against the trend, with Yingjia Gongjiu and Zhongxing Commercial hitting their daily limit. Green energy concepts surged, with Huadian Liaoneng achieving three consecutive daily limit increases, and Jieneng Wind Power and Lvfa Power also hitting their daily limit, while Guangdong Electric Power A touched its daily limit. Oil and gas concepts rose rapidly, with Shandong Molong hitting its daily limit. Computing power leasing concepts remained active, with Lianhua Holdings and Jialitu hitting their daily limit. Gas turbine concepts performed well, with Fu'an Shares hitting its daily limit and Yingliu Shares hitting its daily limit, reaching a new historical high. On the downside, the non-ferrous metals sector saw a correction, with Tibet Summit Resources and China Rare Earth Group hitting their daily limit down, while Hunan Baiyin, Yunnan Tin, and Xianglu Tungsten also declined. At the close, the Shanghai Composite Index fell 0.32%, the Shenzhen Component Index fell 0.88%, and the ChiNext Index fell 0.87%.
A-shares closed with a significant pullback in the three major indices, ending a five-day winning streak. Nearly 4,100 stocks across the market declined.
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Author: PA一线
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