ChiNext Index Pares Intraday Loss to Under 3%

The recovery from a steeper intraday loss matters more than the headline decline itself: it suggests selling pressure met buyers rather than accelerating into a rout, a distinction worth noting for a growth-heavy index that often amplifies risk sentiment. With no stated catalyst behind either the drop or the rebound, the move reads as positioning and flow rather than a reaction to specific news. Whether the index can hold the pared level through the close, and whether the rebound broadens beyond the growth board, is the open question.