---
title: "April 16th Midday Review: The ChiNext Index fell 2.47% in half a day, with over 4,900 stocks in the entire market declining"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236151270.md"
description: "As of the close on April 16, the ChiNext Index fell by 2.47%, with over 4,900 stocks in the entire market declining. The market experienced fluctuations and adjustments in the morning, with the Shanghai Composite Index down 0.92% and the Shenzhen Component Index down 1.96%. Tourism stocks such as Jinling Hotel rose against the trend, newly listed stocks performed actively, and gold stocks also saw some gains. In contrast, the consumer electronics and PCB sectors performed poorly, with Huaqin Technology and Hongxin Electronics hitting the daily limit down and falling over 10%, respectively. The morning trading volume was 695.6 billion"
datetime: "2025-04-16T03:30:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236151270.md)
  - [en](https://longbridge.com/en/news/236151270.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236151270.md)
---

# 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%

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