March 20 Midday Market Review: ChiNext Index Up 3.3% in Half Day, Computing Power Hardware and Photovoltaic Sectors Rally Together

NightAirdropper · 2026-03-20T18:44:36+00:00

The Shanghai Index fluctuated in early trading, with the ChiNext Index rising over 3%. Photovoltaic, energy storage, lithium battery, and optical communication sectors showed strong performance, with some individual stocks hitting daily limits; the chemical sector declined. At midday close, the Shanghai Index rose 0.16%, the Shenzhen Component Index rose 1.57%, and the ChiNext Index rose 3.3%. The overall market showed significant volatility, with a notable difference in the number of rising and falling stocks.

NightAirdropper

2026-03-20 18:44:36

Abstract generation in progress

The Shanghai Composite Index traded sideways in the morning, with the ChiNext Index rising over 3%. The photovoltaic and energy storage sectors collectively strengthened, with multiple stocks like Sungrow Power Supply, Shouhang New Energy, and Deye Holdings hitting the daily limit. The lithium battery sector rebounded, with Penghui Energy, Huabao New Energy, and Painen Technology rising over 10%. Optical communication concept stocks surged, with Yuanjie Technology hitting the 20% daily limit, surpassing Cambrian to become the second-largest in A-shares. Changguang Huaxin and Tengjing Technology rose over 15%. On the downside, the chemical sector declined, with Luxin Technology hitting the limit down. Most individual stocks fell, with over 3,200 stocks in Shanghai, Shenzhen, and Beijing turning red. The morning trading volume reached 1.45 trillion yuan. At midday, the Shanghai Index rose 0.16%, the Shenzhen Component Index increased 1.57%, and the ChiNext Index gained 3.3%.
In terms of sector concepts, the leading sectors were photovoltaic, energy storage, lithium batteries, and optical communication; the lagging sectors included oil and gas, computing power leasing, diversified finance, and chemicals.
A total of 1,963 stocks rose in the two markets, with 38 hitting the daily limit; 3,103 stocks declined, with 2 hitting the limit down; 15 stocks experienced trading halts, with a halt rate of 31%.

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