March 9th midday closing review: The Shenzhen Component Index and the ChiNext Index both fell over 2%, while the oil and gas, and chemical sectors surged against the trend

The market experienced fluctuations and adjustments in the morning, with the Shanghai Composite Index falling over 1%, and the Shenzhen Component Index and ChiNext Index dropping over 2%. The oil and gas sector surged against the trend, with KeLi Co., Ltd. and SINOGEO rising over 10%. Chemical stocks performed actively, with Chitianhua and LTH hitting the daily limit. The power and grid equipment sectors rose, with SAC and San Bian Sci-Tech hitting the daily limit and reaching new highs. On the downside, computing hardware stocks like CPO adjusted, with Zhongfu Circuit falling over 10%. Most individual stocks declined, with over 4,500 stocks in the Shanghai, Shenzhen, and Beijing markets showing losses, and a total transaction volume of 1.8 trillion in the morning session. At the midday close, the Shanghai Composite Index fell 1.13%, the Shenzhen Component Index fell 2.14%, and the ChiNext Index fell 2.42%