Closing Review | ChiNext Index Up 1.41%, Storage Chip Sector Surges Significantly

NightAirdropper · 2026-03-17T07:44:38+00:00

On March 16th, the three major indices of the A-shares market showed mixed performance, with the Shanghai Composite Index slightly falling, while the Shenzhen Component Index and the ChiNext Index modestly rose. Market trading volume decreased, with the semiconductor and port shipping sectors performing strongly, while the precious metals and steel sectors declined. Overall, the market exhibited a pattern of gains and losses.

NightAirdropper

2026-03-17 07:44:38

Abstract generation in progress

On March 16, the three major A-share indices showed mixed performance. The Shanghai Composite Index closed at 4,084.79 points, down 0.26%. The Shenzhen Component Index closed at 14,307.58 points, up 0.19%. The ChiNext Index closed at 3,357.02 points, up 1.41%.

The entire market saw 2,843 stocks rise and 2,494 stocks fall, with 60 stocks hitting the daily limit up and 10 stocks hitting the daily limit down.

The combined trading volume of the Shanghai and Shenzhen markets was approximately 2.3253 trillion yuan, a decrease of about 74.986 billion yuan compared to the previous trading day.

Industry sectors showed mixed gains and losses. Semiconductors, components, shipping ports, advertising and marketing, and white wine sectors led the gains. Precious metals, steel, coal, rare earths, and agrochemical sectors experienced declines.

In terms of market performance, the storage chip sector surged significantly, with Beiwei Storage and Huahong Company rising over 10%, and stocks like Zhaoyi Innovation hitting the daily limit. The port and shipping sector also rose in the afternoon, with China Merchants South Oil hitting the daily limit, and COSCO Shipping Energy and China Merchants Shipping leading the gains. PCB and copper foil concept stocks were active, with stocks like Huatian Electric and Shenghong Technology seeing upward movement. On the downside, many chemical stocks experienced profit-taking and corrections, with Wanhua Chemical, China National Chemical Corporation, and Hongbaoli among the biggest decliners. Resource cycle stocks such as gold and non-ferrous metals also performed poorly, with Shanjin International, Western Gold, and Yunnan Copper experiencing declines.

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