A-Share Markets Open Lower Amid Significant Cross-Border E-Commerce Decline
2025-04-29 / Read about 0 minute
Author:小编   

On April 29, the three main A-share indices collectively opened lower, with the Shanghai Composite Index down 0.21%, the Shenzhen Component Index down 0.27%, and the ChiNext Index also down 0.27%. In terms of market sectors, auto parts, food, and precious metals shone brightly, driving gains in the market. Specifically, Shenchi Electromechanical surged over 8%, Beingmate climbed more than 4%, and Deer Consumer Goods and Sichuan Gold rose by more than 3% and 1%, respectively. Conversely, the retail, catering, tourism, and education sectors led the market declines, with Cross-Border E-Commerce experiencing a notable drop of over 7%, UTOUR falling by more than 5%, and Qtone Education shedding more than 2%.

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