Tomorrow's Major Historical Events in the Stock Market

Key A-share market events on April 8 in history (by year)

1. April 8, 2025: A once-in-a-generation market-stabilization day (a desperate comeback after Global Black Monday)

• Background: On April 7 (Black Monday), the global market crashed; the A-share ChiNext Index plunged 12.5% (the largest intraday decline in history), and the Shanghai Composite fell below 3100 points.
• Major policy package that day: - During the early morning: China Guoxin announced an additional 80 billion yuan in relending to increase holdings of SOE stocks/ETFs
• 8:30: Central Huijin for the first time clearly defined it as a “quasi–public provident fund” initiative, with unlimited ammunition used to increase ETF holdings
• PBOC: Promised to provide Huijin with unlimited relending support
• National Financial Regulatory Administration: Raised the upper limit for insurers’ equity holdings to 40% (releasing about 1.66 trillion yuan)
• SASAC: Pledged support for SOEs to increase holdings and repurchase; more than a hundred major companies such as Sinopec collectively increased holdings
• Market performance: - Shanghai Composite: +1.58% (3145.55 points), regaining 3100
• ChiNext Board: +1.83%
• Trading value: 1.63 trillion yuan (with volume expansion)
• 3299 stocks rose, and more than 100 hit the daily limit up
• Significance: The strongest single-day market-stabilization effort in A-share history, establishing the “policy floor.”

2. April 8, 2015: The Shanghai Composite broke 4000 points intraday (peak of the leveraged bull market)

• Market: - Shanghai Composite closed at 3994.81 (+0.84%), breaking 4000 points intraday (7-year high)
• Shenzhen Component: 13841.71 (+0.53%)
• Trading value: 1.5 trillion yuan (historically record-high)
• Characteristics: Rotation between “big and small”—weights drove the index higher, while the ChiNext and mid-/small-cap stocks fell sharply
• Background: The Hong Kong Stock Connect southbound quota was filled for the first time; capital flowed south; Hong Kong stocks also hit new highs
• Significance: A signature moment that marked the 2015 mania bull market; in the following month, the Shanghai Composite surged to a historical peak of 5178 points.

3. April 8, 2008: Rebound after the stamp duty cut (a relay in a bear market)

• Background: The stamp duty wasn’t cut until April 24, but a policy-floor expectation appeared as early as the 8th
• Market: Shanghai Composite +4.15%, with financials and real estate leading the gains
• Significance: In the bear market, it was a rebound from an extreme oversell; later there was a second dip (October, 1664 points)