Mainland China equities extended losses on April 3, with the Shanghai Composite and Shenzhen Component both down about 1% and roughly 4,800 stocks declining despite turnover above 1.6 trillion yuan.
China A-shares closed lower again on April 3, with the Shanghai Composite falling 1% and the Shenzhen Component dropping 0.99%. Market breadth remained weak as about 4,800 stocks declined across the market. Total turnover exceeded 1.6 trillion yuan. While the broader market was under pressure, CPO and innovative drug shares were among the gainers.