ChiNext Index Turns Negative After Rising Over 1.8%

The size of the intraday reversal, not the closing direction, is the story here: a growth-focused board surrendering a gain of more than 1.8% signals that sellers are willing to meet rallies rather than let them run. That kind of failed move matters most for momentum-sensitive participants, since it undercuts the assumption that early strength reflects durable demand. Whether such swings stay isolated or start showing up across other sessions on the board is the open question worth tracking.