April 16th Midday Review: The ChiNext Index fell 2.47% in half a day, with over 4,900 stocks in the entire market declining

The market experienced fluctuations and adjustments in the morning, with the ChiNext Index falling over 2%. Tourism stocks rose against the trend, with Jinling Hotel hitting the daily limit. Newly listed stocks performed actively, with Changlian Technology also hitting the daily limit. Gold stocks rose during the session, with Teli A closing at the limit. The banking sector strengthened, with Agricultural Bank of China and several other stocks reaching historical highs. On the downside, the consumer electronics sector adjusted, with Huajin Technology hitting the daily limit; the PCB sector declined, with Hongxin Electronics falling over 10%. Individual stocks showed a general downward trend, with over 4,900 stocks in the Shanghai, Shenzhen, and Beijing markets declining, and a total turnover of 695.6 billion in the morning session. At the midday close, the Shanghai Composite Index fell 0.92%, the Shenzhen Component Index fell 1.96%, and the ChiNext Index fell 2.47%