Market Close: The ChiNext Index rebounded after testing lows, down 0.64%. Computing power leasing and power grid equipment concepts rose collectively.

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【Market Summary: Growth Enterprise Market Index rebounds after dipping, down 0.64%; computing power leasing and power grid equipment concepts rise collectively】Cailian News Agency, March 9 — The market rebounded throughout the day, with the three major indices significantly narrowing their declines. The Growth Enterprise Market Index and Shenzhen Component Index once fell over 3% intraday. The combined trading volume of the Shanghai and Shenzhen markets reached 2.65 trillion yuan, an increase of 447.4 billion yuan compared to the previous trading day. Over 3,900 stocks in the entire market declined.

In terms of sectors, the computing power leasing concept surged rapidly, with Hongbo Co., Ltd., Tuowei Information, Hongjing Technology, and others hitting the daily limit. The power sector performed actively, with Shaoneng Co., Ltd. hitting the limit for two consecutive days, and Yinxing Energy and GCL New Energy Technology also reaching the daily limit. The power grid equipment concept defied the trend and strengthened, with Guodian South Self and Sanbian Technology hitting the limit, both reaching new all-time highs.

On the downside, the port shipping concept declined collectively, with COSCO Shipping Energy falling sharply. The oil and gas concept opened high but declined later, with Shui Fa Gas approaching the limit intraday, and Zhunyou Co., Ltd. and Intercontinental Oil & Gas pulling back after hitting the daily limit.

By the close, the Shanghai Composite Index fell 0.67%, the Shenzhen Component Index declined 0.74%, and the Growth Enterprise Market Index dropped 0.64%.