March 18 Consecutive Limit-Up Stock Analysis: Consecutive Limit-Up Stock Promotion Rate 27% Computing Power Rental Concept Explodes in Afternoon Trading

March 18th Continuous Limit Stocks Analysis: 27% Promotion Rate for Continuous Limit Stocks, Computing Power Leasing Concept Explodes in the Afternoon

Today, a total of 57 stocks hit the daily limit, with 7 stocks maintaining continuous limits, including 3 stocks with three or more consecutive limits. The previous trading day had 11 stocks with continuous limits, with a promotion rate of 27.27% (excluding ST stocks and delisted stocks).

In terms of individual stocks, over 3,500 stocks in the market rose, indicating a market sentiment recovery. However, the performance of continuous limit stocks was not very active. Last night, Far Sheng issued a trading suspension warning, and during the day, it once fell more than 6%. Sanfangxiang experienced volume divergence, but in the afternoon, it recovered to hit the limit again, expanding the market’s continuous limit height to 5 limits.

Additionally, chemical sector popular stocks JinNiu Chemical and LuTianHua hit the limit down, while LuHua Technology and ChiTianHua fell more than 5%.

Sector-wise, computing hardware stocks all strengthened, led by storage chips, CPO, and liquid-cooled servers. Raystorm reached 4 limits in 7 days, Langke Technology hit 2 limits in 3 days, XinYisheng surged over 10%, BaiWei Storage rose over 9% to set a new all-time high, and Shudian Co. once approached the daily limit early in the morning, also hitting a new high.

The computing power leasing sector exploded in the afternoon, with Aoruid, Meili Yun, and Pingzhi Information hitting the limit, while Dongfang Guoxin, Guanghuan Xinwang, and Youkede and more than ten stocks rose over 10%.

On the news front, Alibaba Cloud announced that due to the explosion in global AI demand and supply chain price increases, the prices of Alibaba Cloud AI computing power, storage, and other products increased by up to 34%.