【A-shares Market Summary Today: Losing a Panamera in a Day】

Yesterday, the A-shares market was just “small fluctuations,” but today it’s directly entering “cleansing mode.” The CSI 500 yesterday was as solid as a rock, but today it’s straight-up “pulling down the pants” — a plunge of 4.35%, with 1 lot of IC futures losing 60,000 yuan, and 10 lots evaporating 600,000 yuan. This doesn’t even include the A-shares, Hong Kong stocks, and funds in the account — truly “losing a Panamera in a day.”
Now, “daily losses of millions” have become commonplace, for two reasons:
1. Bull market’s long shadow: after a period of gains, it hits you with a “colon cleanse,” going straight through the scalp and bare feet.
2. The base has grown larger: the CSI 500 is now at 8,200 points, a drop of 376 basis points, which two years ago would have been a limit-down level, making you doubt life.
【Global Plunge, A-shares Follow Suit】
Today, global stock markets collectively “dove”: Europe down 2-4%, South Korea down 7%, Japan down 3%. The A-shares initially wanted to hold on a bit longer, but the contagion of sentiment made them “break down” immediately. Plus, last night’s sharp drop in gold and silver, a collapse in the non-ferrous metals sector, and a complete wipeout.
【Sand and Gravel, Who’s Defying the Odds?】
Only those benefiting from the Iran situation can “stand up” in this market:
· Oil & Gas Extraction: +12%, Oil Processing +5% — Iran’s blockade of the Strait of Hormuz reduces 15 million barrels of crude oil daily, Brent crude has soared to $83, with Goldman Sachs suggesting it could hit $120.
· Gas Sector: +9.5% — Qatar halts production, European gas prices surge 50%, Bloomberg reports China has communicated with Iran to “not touch our natural gas.”
· Ports & Shipping: +4.8% — Chinese merchant ships can still pass through the Strait of Hormuz, the five-star red flag really works in Shia territory, not just in movies.
· Coal: +3% — Riding the coattails of oil and gas.
· Air Defense Sector (banks, electricity, highways, railways): Safe-haven funds flow in slightly, but once the market recovers, these “old players” are likely to underperform again.
【Tonight’s Highlights】
· Natural gas continues to soar: from $31 to $44, tonight reaching $58, doubling in two days, and the A-shares gas sector will continue to be hot tomorrow.
· US-Iran negotiations break down: Iran refuses a 10-year uranium enrichment freeze, US realizes they’re serious about developing nuclear weapons, negotiations collapse completely.
· Details of Khamenei’s assassination: Israel uses Iranian camera data, spies confirm, interference with base stations, 30 missiles, hitting a dinner table 1,000 km away — operation rivals spy thrillers.
· Domestic night trading: crude oil and fuel continue hitting daily limits, methanol up 8%, chemical sector flying across the board.
【One Sentence Summary】
A-shares have become dog meat, oil, gas, and natural gas are racing. The Iran situation dominates the scene, follow the hot spots, don’t fight the market.
Did you get hammered on your holdings today? Or were you lucky enough to catch the oil and gas rally? Share in the comments, and don’t forget to give a like.