On April 1, the first trading day of April, China’s A-share market opened higher and moved upward across the board, with a notable improvement in market sentiment. By the close, the Shanghai Composite Index rose 1.23% to 3,939.57 points; the Shenzhen Component Index gained 1.88% to 13,731.39 points; and the ChiNext Index climbed 2.21% to 3,255.26 points. More than 5,100 stocks advanced nationwide, with over 80 hitting the daily limit, showing broad-based profit-making opportunities.

On the sector front, technology and growth sectors led the gains, with semiconductors, AI computing power, and memory chips performing strongly, pushing the STAR 50 Index up 2.79%. Driven by rising international gold prices, precious metals surged, ranking among the top gainers. Meanwhile, biomedicine, consumer electronics and other sectors also strengthened, showing obvious signs of capital returning.

Analysts attributed the rebound to multiple positive factors. The March manufacturing PMI returned to expansion territory at 50.4%, signaling a recovering economy. The central bank’s first-quarter meeting signaled a moderately loose monetary policy and stable liquidity expectations. Combined with easing Middle East tensions and strong overseas markets, A-shares staged a phased recovery. With improving sentiment, the second-quarter market outlook is gradually turning optimistic.