#Gate广场四月发帖挑战 Today is Friday, April 3, 2026. The global markets are primarily focused on the Middle East geopolitical crisis and a surge in oil prices, while domestically, attention is on the structural trend in the A-shares and policies related to technology finance. Here is a quick overview of today's hot topics:

Global Markets: Geopolitical Crisis and Oil Price Surge

Crude Oil and Gold Volatility: Driven by escalating threats from Trump regarding military action against Iran, markets are worried about supply disruptions through the Strait of Hormuz. WTI crude oil surged over 13%, surpassing $112 per barrel, Brent crude broke through $106; risk aversion cooled down, coupled with a strengthening dollar, spot gold rose sharply then pulled back, closing near $4,675.

U.S. Stocks Mixed: The Dow slightly declined by 0.13%, the Nasdaq rose by 0.18%, as markets digest geopolitical risks. Today (April 3) is Good Friday, so European, American, and Hong Kong markets are closed.

A-Share Market: Energy as a Safe Haven and Tech Sector Pullback

Index Performance: The three major A-share indices all declined, with the Shanghai Composite down 0.74% to 3,919.29 points, the ChiNext down 2.31%, over 4,300 stocks in the market fell, with a total trading volume of about 1.86 trillion yuan.

Sector Divergence:

Leading Gains: Oil & Gas Exploration (geopolitical premium), Pork (storage expectations), Innovative Drugs and Optical Fiber concepts.

Leading Declines: Computing Power Leasing, Semiconductors, AI Applications, and Photovoltaic Industry Chain.

Policy and Industry Trends

Increased Support for Tech Finance: The central bank and three other departments emphasized directing financial resources precisely toward technological innovation, supporting high-tech through tools like re-lending.

New Inclusive Computing Power Policy: The Ministry of Industry and Information Technology launched a special campaign to build “Computing Power Banks” and “Computing Power Markets” to reduce costs for small and medium-sized enterprises.

Credit Financing: The State Council issued a document to establish a comprehensive enterprise credit evaluation system, encouraging banks to lower collateral requirements for high-credit enterprises and expand credit loans.

Risk Alerts and Focus Areas

Watch for Oil Price Inflation: If the Middle East situation continues to escalate, high oil prices could push up global inflation expectations and limit room for interest rate cuts.

Exchange Rate Fluctuations: The onshore RMB closed at 6.8936, under short-term pressure from a stronger dollar. Keep an eye on subsequent foreign exchange demand changes.

⚠️ Note: The above information is compiled based on early market data today and does not constitute investment advice. Markets are highly volatile due to geopolitical influences; please exercise caution and manage risks accordingly.