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Key Points of the Full Text: On April 7, A-shares rose and then fell back, with the Shanghai Composite Index slightly up, and the Sci-Tech Innovation 50 index rising against the trend by over 1.6%, with more than 3,600 stocks rising. The chemical sector led the gains due to a surge in performance and expectations of price increases, while the Sci-Tech Innovation 50 strengthened independently driven by domestic AI logic. Short-term external risks remain, while the medium to long-term focus is on the dual main lines of &#34;benefiting from high oil prices + performance certainty.&#34;
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On the morning of April 7, A-shares opened high and then fluctuated downwards. The Shanghai Composite Index slightly rose by 0.03% to 3,881.17 points, the Shenzhen Component Index fell by 0.20%, the ChiNext Index fell by 0.46%, and the Sci-Tech Innovation 50 index rose against the trend by 1.63%. The total market turnover for half a day was 1,077.9 billion yuan, an increase of 1 billion yuan compared to the previous trading day, but more than 3,600 stocks rose, indicating a decent profit effect.
On that day, the Asia-Pacific market showed mixed results with significant differentiation. The Nikkei 225 index opened high but turned down during the day, falling back to around 53,323.41 points at noon, down about 0.17%; the Korea Composite Stock Price Index opened over 2% higher but the gains narrowed, turning negative during the noon session, ultimately falling about 0.27% to 5,435.54 points; the Indian Sensex index fell over 1% to 73,489.22 points. Overall, the Asia-Pacific market did not show a unilateral upward trend, and geopolitical uncertainties continued to suppress risk appetite.
Regarding the situation in the Middle East, the U.S.-Iran standoff remains deadlocked. Trump has postponed the negotiation deadline to 8 PM Eastern Time on April 7 (8 AM Beijing Time on April 8) and warned that &#34;Iran could be defeated overnight,&#34; while suggesting that the &#34;toll&#34; for the Strait of Hormuz should be collected by the U.S. Iran, on the other hand, has proposed 10 terms, demanding a permanent ceasefire and a security passage mechanism for the strait, but emphasized that it will not reopen the strait under the condition of a &#34;temporary ceasefire.&#34; The hope for a ceasefire agreement between the U.S. and Iran is gradually diminishing, and mediators are pessimistic about Iran &#34;yielding&#34; before the deadline. As a result, international oil prices remain high—WTI crude futures closed at $112.41 per barrel, and Brent crude closed at $109.77 per barrel.
Back to the A-share market, the index showed significant differentiation. The Sci-Tech Innovation 50 stood out, while the industry level was a tale of two extremes: basic chemicals led with a 2.63% increase, while agriculture, forestry, animal husbandry, fishery, petroleum and petrochemicals, and coal all rose over 1%; telecommunications, automobiles, banks, non-bank financials, and power equipment all closed down.
The most noteworthy aspect today is the collective explosion of the chemical sector. In the organic silicon sector, Dongyue Silicon Material hit the daily limit with a 20% increase, with a projected net profit increase of 397% to 451% for the first quarter, far exceeding expectations, directly driving up stocks like Silicones Technology, Xin'an Chemical, and Hesheng Silicon Industry. In the refining and chemical sector, stocks like Sanfangxiang and Hengyi Petrochemical also hit the daily limit. In the glyphosate sector, Jiangtian Chemical rose over 10%, and Xin'an Chemical and Zhongnong United hit the daily limit.
The driving logic has three layers: first, the direct catalyst of performance exceeding expectations; second, the rise in oil prices due to the Middle East situation, with price increase expectations being transmitted along the industrial chain to mid- and downstream chemical products; third, the supply clearing in some sub-sectors, such as spandex, with the logic of a cyclical bottom reversal being recognized by the market
In addition, the rise in the PCB sector is also an extension of the price increase logic—on April 3rd, industry leader Kingboard Laminates announced a 10% price increase, citing &#34;soaring prices and tight supply&#34; of upstream resins and electronic fiberglass cloth, leading to a corresponding rise in related A-share targets.
Looking at the independent strength of the Sci-Tech Innovation 50, semiconductor materials, memory, and HBM sectors saw significant gains in the morning session. Domestic AI represents a relatively independent industrial trend change that has not yet been fully priced by the market. The profit expectations for hard technology growth targets continue to improve, and the impact of overseas geopolitical conflicts on this &#34;domestic demand + technological independence&#34; logic is limited, thus funds are willing to give a higher premium to the Sci-Tech direction in a volatile market.
What is the outlook for the short-term market? The A-share market has likely found its bottom in the short term, with subsequent focus on oscillatory recovery. However, external risks have not materially eased—after the deployment of the U.S. &#34;Bush&#34; aircraft carrier strike group in mid-April, the likelihood of ground operations has significantly increased, which may exacerbate inflationary concerns with further upward pressure on oil prices. If the U.S. military launches an attack at that time, the market may initially decline before rising, illustrating a reversal of the predicament. The second half of April is a critical window, and volatility is expected to remain high before then, making it inadvisable to place heavy bets.
For medium to long-term strategies, a dual-line layout around &#34;benefiting from high oil prices + performance certainty&#34; is recommended. The first line includes the broad energy sector, such as coal, oil and gas, and coal chemical industries that directly benefit, as well as sectors like photovoltaics and energy storage that have energy substitution logic; the second line focuses on high-performing technology sectors, including electronics (semiconductors, AI hardware), communications, and power equipment, which are supported by industrial trends and have strong earnings visibility in their first-quarter reports.
The current market is in a phase of oscillatory bottoming, with trading volume not significantly increasing, and it is expected to take some time to complete emotional digestion and trading turnover. Ordinary investors can use this window to gradually adjust their portfolio structure, prioritizing allocation to reasonably valued and visible performance directions, avoiding chasing short-term hot spots.
Note: The market carries risks, and investment should be approached with caution. The content of this article is based on publicly available information and does not constitute any investment advice

CRAK

On April 7th, the A-share market showed mixed performance, with the Shanghai Composite Index slightly up by 0.03% and the Sci-Tech Innovation 50 rising sharply by 1.63%. The chemical sector led the gains due to a surge in performance and expectations of price increases. The overall Asia-Pacific market saw mixed results, with geopolitical uncertainties suppressing risk appetite. The U.S.-Iran standoff remains deadlocked, and hopes for a ceasefire are slim, keeping international oil prices high. The market is focused on the dual themes of "benefiting from high oil prices + performance certainty."

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The hope for a short-term ceasefire is slim! The Asia-Pacific market rose and then fell, with a focus on these two main lines in the future