--- title: "Bai Jie Pin Stock: New Highs for the Year | Cover Seen Daily · Digital Wealth Theory" type: "News" locale: "en" url: "https://longbridge.com/en/news/282462798.md" description: "Last Friday, the Shanghai Composite Index opened high and closed up, with the ChiNext performing the best, rising by 3.78%. The overall market was strong, with nearly 4,000 stocks rising, and the trading volume increased to CNY 2.3229 trillion compared to the previous period. The ChiNext reached a new high for the year, indicating active technology stocks. Investors hold multiple stocks and plan to continue holding them for further gains. The total net value reached CNY 90,061,675.58, with a profit of CNY 44,930.84" datetime: "2026-04-13T00:04:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282462798.md) - [en](https://longbridge.com/en/news/282462798.md) - [zh-HK](https://longbridge.com/zh-HK/news/282462798.md) --- # Bai Jie Pin Stock: New Highs for the Year | Cover Seen Daily · Digital Wealth Theory **Question: Last Friday, the Shanghai Composite Index opened high, fluctuated during the day, and closed up. What do you think?** **Answer:** The market collectively rose last Friday, with the Shanghai Composite Index regaining and losing the 4000-point mark. The ChiNext Index performed the best, closing up 3.78%. Nearly 4000 stocks rose during the day, with good performance in the battery, glass fiber, energy metals, and securities sectors. By the close, there were 60 stocks hitting the daily limit up and 8 stocks hitting the limit down. Technically, both the Shanghai and Shenzhen indices closed above the 5-day and 10-day moving averages, with a total trading volume of 2.3229 trillion yuan, an increase compared to the previous period; the 60-minute chart shows that all indices are near the 5-hour moving average, and the 60-minute MACD indicators are all in a golden cross state. From a pattern perspective, the market is oscillating upward as expected, showing a strong overall performance. The biggest highlight of the day was not the unfilled gap but that the ChiNext Index refreshed its yearly high. Although it is influenced by heavyweight stocks, doesn't this further illustrate the current active characteristics of technology stocks? In the short term, as trading volume has increased again, the market will continue to rise along the 5-day moving average. In the futures market, the cumulative trading volume and positions of each futures contract have increased, with overall changes in the negative premium levels remaining relatively stable. In summary, with geopolitical disturbances combined with institutional reforms, the tug-of-war around the 4000-point mark will continue. **Assets:** Last Friday, I bought 50,000 shares of Desay SV Automotive at an average price of 106.5 yuan, and then sold 50,000 shares at an average price of 107.2 yuan; I bought 80,000 shares of China Resources Microelectronics at an average price of 50 yuan, and then sold 80,000 shares at an average price of 49.6 yuan, failing to reduce costs. Currently, I hold 1.35 million shares of Huachuang Yuxin (600155), 330,000 shares of Taiji Co., Ltd. (002368), 700,000 shares of Nandu Power (300068), 590,000 shares of Keda New Materials (002669), 970,000 shares of Shenzhen Tianma (000050), 400,000 shares of Nantian Information (000948), 620,000 shares of Meian Sen (300275), 140,000 shares of China Resources Microelectronics (688396), and 95,000 shares of Desay SV Automotive (002920). The cash balance is 20,553,175.58 yuan, total net value is 90,061,675.58 yuan, with a profit of 44,930.84 yuan. **Monday's Operation Plan:** I plan to hold shares of China Resources Microelectronics, Desay SV Automotive, Nandu Power, Meian Sen, Keda New Materials, Nantian Information, Shenzhen Tianma, Taiji Co., Ltd., and Huachuang Yuxin, waiting for a rise. 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