Closing review: The Shanghai Composite Index opened lower and then rose 0.85% to return to the 4100 point mark, with coal and photovoltaic sectors collectively posting significant gains.

date
04/02/2026
The three major indexes of A-shares rose and fell differently today. As of the close, the Shanghai Composite Index rose by 0.85%, the Shenzhen Component Index rose by 0.21%, the Growth Enterprise Index fell by 0.4%, and the Bei300 Index fell by 0.71%. The total turnover of the Shanghai, Shenzhen, and Beijing markets was 2.5033 trillion yuan, a decrease of 62.4 billion from the previous day. Over 3200 stocks in the three markets rose. In terms of sector themes, coal mining and processing, photovoltaic equipment, airport transportation, real estate, steel, natural gas, building materials, and retail sectors were at the forefront of the gains; precious metals, AI applications, computing power leasing, semiconductors, gaming media, and CPO concept stocks were at the forefront of the declines. On the market, news of Elon Musk's team visiting multiple photovoltaic companies in China boosted sentiment in the photovoltaic sector, with more than 10 stocks such as Jinko Solar and TCL Zhonghuan reaching their daily limit up. With the increase in coal demand due to the winter energy peak, the coal sector collectively rose, with more than 10 stocks like Yanzhou Coal Mining and Shanxi Black Cat hitting their daily limit. The real estate chain also performed well, with stocks like China Merchants Shekou and Poly Developments rising. In addition, sectors such as oil and gas, airport transportation, and retail also saw gains. On the other hand, some high-priced gold stocks filled their declines, with Sichuan Gold approaching its limit down. The cloud computing and computing power leasing sectors experienced significant pullbacks, with stocks like Wangsu Science and Technology, Ucloud, and Dawning Information Technology leading the declines.