Closing Review: The three major indices opened higher and then fell, with the Shanghai Composite Index dropping by 0.32%. Over 4000 individual stocks in the entire market also experienced declines.

date
23/04/2026
As of the close, the Shanghai Composite Index fell 0.32% to 4093.25 points, the Shenzhen Component Index fell 0.88% to 15043.45 points, the ChiNext Index fell 0.87% to 3720.25 points, and the SSE 50 Index fell 3.04% to 1378.03 points. The total market turnover was 2.8231 trillion yuan, an increase of 244.3 billion yuan from the previous day. In terms of sectors, the liquor, oil and gas, and coal sectors led the gains; while the precious metals, CPO, and rare earth permanent magnet sectors experienced the greatest declines. The liquor sector was strong at the beginning of the session, with Jiangxiaobai liquor hitting the daily limit and Laobaigan liquor rising by over 6%. The oil and gas sector fluctuated but strengthened, with Shandong Molong hitting the daily limit and Qianeng Hengxin rising by over 6%. The coal sector rebounded after fluctuations, with Huadian Power and Haohua Energy hitting the daily limit, and China Coal International rising by over 5%. The precious metals sector continued to decline, with Hunan Silver and Hengbang Stock falling by nearly 7%, and Zhaojin Gold, Shangjin International, and Xiaocheng Technology falling by over 5%, with the sector all falling. The CPO sector opened high and fell low, with Saiwei Electronics, Dongtian Micro, and Guangku Technology falling by over 10%. The rare earth permanent magnet sector fluctuated and weakened, with Yingsite falling by over 10%, China Rare Earth hitting the daily limit, and Shenghe Resources and China Rare Earth falling by over 7%.