A-shares closed lower: All three major indices fell, with the Shanghai Composite Index down 1%.

CoinFeed reported on April 3rd that, according to Jinshi, the three major indices opened higher but then trended downwards. At the close, the Shanghai Composite Index fell 1%, the Shenzhen Component Index fell 0.99%, and the ChiNext Index fell 0.73%. On the sector front, CPO (Consumer-on-Poly) concept stocks strengthened, with several stocks including Deco and Zhongci Electronics hitting their daily limit. Innovative drug concept stocks were also active, with China National Pharmaceutical Group and Tianjin Pharmaceutical Group hitting their daily limit. Additionally, lithography machine concept stocks and diversified financial sectors led the gains, while most sectors, including aquaculture, gas and heating supply, tourism, power, and daily chemicals, declined. Approximately 4,800 stocks declined across the market, with a total turnover exceeding 1.6 trillion yuan.