A-shares closed higher: All three major indices surged in the afternoon, with the Shanghai Composite Index returning to 4100 points and the ChiNext Index hitting a new high in nearly 11 years.

CoinFeed, April 22nd - According to Jinshi News, the three major A-share indices opened lower but rallied throughout the day, with gains continuing to widen in the afternoon. At the close, the Shanghai Composite Index rose 0.52%, returning above 4100 points; the Shenzhen Component Index rose 1.3%; and the ChiNext Index rose 1.73% to 3752.76 points, hitting a new high in nearly 11 years. The combined turnover of the Shanghai and Shenzhen stock exchanges exceeded 2.5 trillion yuan. In terms of sectors and individual stocks, computing power hardware stocks such as CPO and fiber optics continued to surge, with Yongding Shares and Woge Optoelectronics hitting their daily limit, and Xin Yisheng rising nearly 8%, both reaching new historical highs. The computing power leasing concept was active, with Anuoqi, Hengwei Technology, and Hangzhou Steel hitting their daily limit. The semiconductor industry chain rallied, with Luwei Optoelectronics, Xiandao Jidian, and Guanshi Technology hitting their daily limit. On the downside, film and television stocks collectively corrected, with Enlight Media and Bona Film Group falling more than 7%.