Summary: The Shanghai Composite Index has returned to above 4100 points, and the stocks of mining hardware companies continue to surge.

date
24/04/2026
The market opened lower and then rose throughout the day, with the Shanghai Composite Index returning above 4100 points and the ChiNext Index hitting a new historical high. Stocks related to computing power hardware such as CPO and optical fiber continued to rise, with companies like Yongding Shares and Vogel Optics hitting their daily upper limits. New Yisheng also surged nearly 8%, with its stock price hitting a new historical high. The concept of computing power leasing was active, with companies like Annoqi, Hengweike Technology, and Hangang Group hitting their daily upper limits. The semiconductor industry chain saw gains, with stocks like Luwei Optoelectronics, Leadcore Communication, and Guanshi Technology hitting their daily upper limits. On the downside, the film and television stocks collectively adjusted, with companies like Enlight Media and Bona Film Group falling by over 7%. Overall, more stocks rose than fell, with over 2900 stocks in Shanghai, Shenzhen, and Beijing markets turning red, and a total trading volume of nearly 2.58 trillion yuan. At closing, the Shanghai Composite Index rose by 0.52%, the Shenzhen Component Index rose by 1.3%, and the ChiNext Index rose by 1.73%.