Gate News message, April 22 — China’s three major stock indices rallied in afternoon trading today, with gains accelerating into the close. The Shanghai Composite Index (SSE) rose 0.52% to reclaim the 4,100-point level, the Shenzhen Component Index (SZSE) gained 1.3%, and the ChiNext Index climbed 1.73% to 3,752.76 points, marking a fresh 11-year high. Combined trading volume on both exchanges exceeded 2.5 trillion yuan.
Within the market, computing power hardware stocks, including CPO and fiber optic names, surged. Yongding Co. and Vogu Photonics hit daily limits, while Xinyisheng climbed nearly 8% to record highs. Computing power rental concepts also rallied, with Annuity, Henghuo Technology, and Hangzhou Iron & Steel hitting daily limits. Semiconductor-linked stocks advanced, with Luwei Optoelectronics, Xiandao Semiconductor, and Guanshi Technology all hitting daily limits.
Film and television stocks retreated, with China Media Express and Bona Film Group each falling over 7%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PTT Hot Topic: Will Taiwan stocks’ rise above 40,000 points mirror Japan’s bubble crisis?
This article focuses on PTT discussions: if Taiwan stocks surge to 40,000 points, will it repeat the Nikkei bubble? The debate centers on the price-to-earnings ratio, leverage risks, AI/semiconductor earnings, and tariff risks. The P/E camp believes the indicator is still low, and the bubble is virtually nonexistent; the risk camp emphasizes risks such as high financing, foreign investors as the main force, and the risk of capital moving abroad. The conclusion is that the P/E debate is more convincing, and the market continues to rise while remaining skeptical.
ChainNewsAbmedia10m ago
Powell's Final Press Conference as Fed Chair May Mark End of Regular Communications Era
Gate News message, April 27 — Federal Reserve Chair Jerome Powell will hold his final formal press conference as Fed chair on Wednesday (Thursday early morning Beijing time), potentially marking the end of an era of regular media interactions established by the central bank's highest official. The p
GateNews1h ago
TSMC challenges 2330, leading Taiwan stocks to soar past 40,000 points, and the ETF fund effect is starting to take hold
Taiwan’s Weighted Index breaks through 40,000 points. The core driver is TSMC’s share price nearing NT$2,300 and setting a new high again, boosted by global AI chip demand. Also, with the “TSMC clause” taking effect, the single-stock holding limit for ETFs is loosened to 25%, with about NT$1.27 trillion in funds benefiting—driving passive buying and rising market-cap weighting, while ETF capital effects continue to lift the broader market.
ChainNewsAbmedia1h ago
Crypto Fear and Greed Index Rises to 47, Signaling Neutral Market Sentiment
Gate News message, April 27 — According to Alternative.me, the Crypto Fear and Greed Index stands at 47 today, indicating a neutral market sentiment. The index rose from 33 yesterday (April 26), reflecting a shift toward more balanced market
GateNews2h ago
Japan's Nikkei 225 and South Korea's KOSPI Index Hit New Highs
Gate News message, April 27 — Japan's Nikkei 225 index (Japan's benchmark equity index) and South Korea's KOSPI index (South Korea's benchmark equity index) both reached new highs today, according to Gate's market data.
The Nikkei 225 rose 0.47%, while the KOSPI climbed more
GateNews2h ago
U.S. Stock Index Futures Open 0.2% Lower on Monday
Gate News message, April 26 — U.S. stock index futures opened 0.2% lower on Monday (April 21), according to Gate's market data.
GateNews4h ago
