A-shares Market Close: Shanghai Composite Index rebounds with a 1.78% increase, power sector surges

GateUser-bd883c58 · 2026-03-28T03:25:22+00:00

Ask AI · What are the industry favorable factors behind the explosive growth of the power sector?On March 24, the market bottomed out and then rebounded throughout the day, with the Shanghai Composite Index and Shenzhen Component Index both rising over 1%, and the ChiNext Index turning red at the close, after falling nearly 2.5% earlier. By the end of the trading day, the Shanghai Composite rose 1.78%, the Shenzhen Component increased 1.43%, and the ChiNext Index gained 0.5%. The yellow and white lines showed a clear divergence, and the micro-cap stock index surged over 5%.In terms of market trends, hot spots rotated quickly, with over 5,100 stocks rising across the market, including 100 stocks hitting the daily limit.Looking at the sectors, the power sector exploded, with more than a dozen constituent stocks hitting the daily limit. China Power LiaoNeng hit 7 consecutive limits, ShaoNeng Shares hit 4 limits in 5 days, Liaoning Energy hit 2 limits, and HuanYin Power, JinKai New Energy, and Disen Shares all hit the daily limit.The military industry sector strengthened, with Great Wall Military Industry, Hunan Tianyan, and Construction Industrial hitting the limit.Optical fiber concept stocks continued to rise in the afternoon, with Changfei Optical Fiber and Tongding Interconnection hitting the limit.The space photovoltaic concept was active repeatedly, including Zhongli Group.

GateUser-bd883c58

2026-03-28 03:25:22

What are the favorable industry factors behind the surge in the power sector?

On March 24, the market rebounded throughout the day, with the Shanghai Composite Index and Shenzhen Component Index both rising over 1%, and the ChiNext Index turning positive at the close after dropping nearly 2.5% at one point. By the end of trading, the Shanghai Composite Index rose 1.78%, the Shenzhen Component Index rose 1.43%, and the ChiNext Index rose 0.5%. There was a clear divergence between the yellow and white lines, with the micro-cap stock index soaring over 5%.

On the market front, hotspots quickly rotated, with over 5,100 stocks in the entire market rising, including 100 stocks hitting the daily limit.

From the sector perspective, the power sector surged, with over a dozen constituent stocks hitting the daily limit, including Huaneng Liaoning Energy with seven consecutive limit-ups, Shaoneng Co. with four limit-ups in five days, Liaoning Energy with two consecutive limit-ups, and Huayin Power, Jinkai New Energy, and Disen Co. hitting the daily limit.

The military industry sector strengthened, with Changcheng Military Industry, Hunan Tianyan, and Construction Industry hitting the daily limit.

The optical fiber concept continued to rise in the afternoon, with Yangtze Optical Fiber and Tongding Interconnection hitting the daily limit.

The space photovoltaic concept remained active, with Zhongli Group achieving three consecutive limit-ups and Tuori New Energy achieving two consecutive limit-ups.

The shipping sector oscillated and surged, with China Merchants Nan Oil hitting the daily limit.

On the downside, oil and gas stocks performed weakly, with Keli Co., Tongyuan Petroleum, and Intercontinental Oil and Gas all falling over 5%.

The total trading volume of the Shanghai and Shenzhen markets was 2.08 trillion yuan, a decrease of 348.7 billion compared to the previous trading day.

In terms of individual stocks, Xinyi Technology had a trading volume exceeding 18.5 billion yuan, ranking first in the Shanghai and Shenzhen markets, followed by Zhongji Xuchuang, Sungrow, and Zijin Mining in terms of trading volume.

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