---
title: "April 2 Midday Market Review: ChiNext Falls 1.78%, Oil, Gas, and Pharmaceutical Stocks Strengthen Against Trend"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281459469.md"
description: "At the midday close on April 2, ChiNext fell 1.78%, the Shenzhen Index dropped 1.15%, and the SSE Index declined 0.53%. The market fluctuated and adjusted, with oil and gas stocks such as BHPCC and HSPC rising against the trend, and pharmaceutical stocks active, with TJPC hitting its daily limit for five consecutive days. The shipping sector also performed strongly, with CMES hitting the daily limit and reaching a record high. Overall, losers outnumbered gainers, with over 4,200 stocks declining, and morning turnover reached 1.2 trillion yuan"
datetime: "2026-04-02T03:31:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281459469.md)
  - [en](https://longbridge.com/en/news/281459469.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281459469.md)
---

# April 2 Midday Market Review: ChiNext Falls 1.78%, Oil, Gas, and Pharmaceutical Stocks Strengthen Against Trend

The market fluctuated and adjusted in the morning, with the Shenzhen Index and ChiNext both falling by more than 1%. Oil and gas stocks strengthened against the trend, with BHPCC, HSPC, Beken Energy, and Lanyanh Holdings hitting their daily limits. Pharmaceutical stocks were repeatedly active, with TJPC logging its fifth consecutive daily limit-up, and PKU Healthcare, Yibai Pharmaceutical, and Chongqing Pharmaceutical hitting the daily limit. The shipping sector surged during the session, with CMES touching the daily limit and its share price reaching a record high. On the downside, film and television stocks retreated, with Jinyi Media hitting the downward daily limit; the computing power leasing concept underwent adjustment, with UCloud and Sinnet falling over 7%. Losers outnumbered gainers, with over 4,200 stocks across the Shanghai, Shenzhen, and Beijing markets in the red, and morning turnover totaled 1.2 trillion yuan. At the midday close, the SSE Index fell 0.53%, the Shenzhen Index dropped 1.15%, and ChiNext fell 1.78%.

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