"4.7 Market" marks its one-year anniversary! The ChiNext Index has increased by 75% in total, two major sectors have doubled in value, and a total of 5 ten-bagger stocks have emerged.

Cailian Press, April 7 (Editor: Zilong) — Today (April 7) marks the one-year anniversary of the “4.7 Market Rally.” During this period, market activity has continued to rise, and the A-share average stock price index, reflecting the overall performance of individual stocks, has increased by 47.1%. A large number of star stocks have also emerged.

Note: Changes in the A-share average stock price (as of April 7 closing)

Main index trends and sector highlights

Calculating based on the past year (closing price on April 7, 2026, compared to April 7, 2025), major market indices have all achieved impressive gains, with small- and mid-cap indices performing actively. Specifically, the ChiNext Index led the market with a 74.9% increase, followed by the CSI 2000, CSI 2000, CSI 500, and Shenzhen Component Index, all rising over 40% in the past year. Meanwhile, the Dividend Index, SSE 50, and Beijing Stock Exchange 50 lagged behind, with gains all below 20%.

Note: Performance of major indices over the past year (as of April 7 closing)

At the industry level (Shenwan Level 1), based on the past year’s data, 29 out of 31 Shenwan Level 1 sectors gained during this period, accounting for about 93.5%. Among them, the communication and non-ferrous metals sectors saw gains exceeding 100%, at 137.6% and 102.5%, respectively. Sectors such as integrated, electrical equipment, electronics, basic chemicals, petroleum and petrochemicals, and machinery also performed well, while only the food & beverage and beauty & personal care sectors recorded declines.

Note: Industry sector indices’ performance over the past year (as of April 7 closing)

Regarding sub-sectors (Shenwan Level 3), 15 sector indices doubled in value over the past year, including communication network equipment and devices, communication cables and accessories, printed circuit boards, fiberglass manufacturing, laser equipment, aerospace equipment, other automation equipment, membrane materials, grinding tools and abrasives, lithium battery-specific equipment, discrete devices, power transmission and transformation equipment, other minor metals, copper, and lead-zinc sectors. Conversely, blood products, other transportation equipment, and liquor sectors experienced the largest declines.

Trillion-yuan trading volume becomes the norm; recent popular stocks overview

From the market volume data, the average daily trading volume in Shanghai, Shenzhen, and Beijing over the past year was 1.98 trillion yuan. Except for April 18, 2025, all other trading days saw “trillion-yuan trading volumes.” Among these, 110 trading days had volumes exceeding 2 trillion yuan, accounting for about 45.5% of the period. During this time, the market hit a record high of 3.99 trillion yuan on January 14, 2026, when the Shanghai Composite Index fell slightly by 0.3%.

Note: Trading volume changes in Shanghai, Shenzhen, and Beijing over the past year (as of April 7 closing)

On the individual stock level, excluding new stocks, the market’s average stock price increased by 48.6% over the past year, with a median increase of 28.4%. A total of 722 stocks doubled in price, representing about 13.4% of all stocks in the market. Industry-wise, these over-twofold stocks are mainly concentrated in electronics, machinery, and electrical equipment sectors, accounting for about 40% of the total. They also include stocks in basic chemicals, biomedicine, non-ferrous metals, communications, and computing sectors.

Note: Industry distribution of stocks that doubled in the past year (as of April 7 closing)

Regarding specific stocks, excluding new stocks, four stocks saw over tenfold gains in the past year: Shangwei New Materials, Yuanjie Technology, Changfei Optical Fiber, and Guosheng Technology. Additionally, Tengjing Technology gained over nine times, totaling five “10-bagger” stocks. Other top performers include Dingtai High-Tech, *ST Yazhen, Honghe Technology, Xin Yisheng, Zhongji Xuchuang, Haike Xinyuan, Feiwo Technology, Anda Intelligent, Jiamei Packaging, Tianfu Communications, Deke Li, among others.

Note: Top-performing stocks over the past year (as of April 7 closing)