A-share computing hardware stocks adjusted across the board, with declines in CPO, optical communication, optical chips, and copper-clad laminates. In terms of news, NVIDIA CEO Jensen Huang recently stated that NVIDIA's next-generation AI acceleration chip architecture Blackwell and the next-generation Rubin products are expected to generate at least $1 trillion in revenue by the end of 2027.
On March 17, A-shares fluctuated and rose, with all three major indices collectively rising in the morning session. The large financial, liquor, and steel sectors surged, real estate stocks strengthened, and chemical stocks were active. Hong Kong stocks continued to rise, with the Hang Seng Index up over 1%, the Hang Seng Tech Index up over 2%, and tech stocks rebounding again, with Alibaba rising nearly 3%. New energy vehicles surged, with Leapmotor rising 6%.
In the bond market, government bond futures fluctuated and rose. In terms of commodities, most domestic commodity futures rose, with platinum and palladium futures leading the gains, while the shipping index and crude oil futures fell. Core market trends:
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A-shares: As of the time of writing, the Shanghai Composite Index rose 0.34%, the Shenzhen Component Index rose 0.23%, and the ChiNext Index rose 0.15%.
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Hong Kong stocks: As of the time of writing, the Hang Seng Index rose 1.49%, and the Hang Seng Tech Index rose 2.16%.
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Bond market: Government bond futures all rose. As of the time of writing, the 30-year main contract rose 0.08%, the 10-year main contract rose 0.02%, the 5-year main contract rose 0.02%, and the 2-year main contract rose 0.01%.
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Commodities: Domestic commodity futures rose broadly. As of the time of writing, platinum and alumina rose over 4%, palladium and asphalt rose over 3%, lithium carbonate, Shanghai tin, and others rose over 2%, while iron ore, ferrosilicon, Shanghai copper, rubber, Shanghai nickel, stainless steel, and polysilicon all rose. Coking coal, coke, Shanghai gold, and eggs fell, while fuel oil, crude oil, and glass fell over 1%, and the shipping index fell over 3%.
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10:26
Innovative drugs fluctuated and rose, with Rongchang Bio rising nearly 7% to reach a historical high, followed by Sanofi, Yuandong Bio, Yuekang Pharmaceutical, Junshi Biosciences, Bibete, and Yifang Bio
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In terms of news, the Ministry of Industry and Information Technology held a cadre meeting, emphasizing the cultivation and expansion of emerging industries and future industries, building emerging pillar industries such as biomedicine, and promoting the establishment of mechanisms for investment growth and risk sharing in future industries.
10:22
The CPO sector collectively fell, with Tianfu Communication down 9%, and Changguang Huaxin, Guangku Technology, and Changxin Bochuang among the biggest losers.
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In news, Jensen Huang, CEO of NVIDIA, announced several major technological breakthroughs at the GTC 2026 conference, including the next-generation AI chip architecture Feynman, which uses TSMC's 1.6nm A16 process and introduces optical communication technology, expected to be launched in 2028, potentially reducing AI data center communication energy consumption by over 70%.
10:17
Bright Smart surged over 60%, with reports indicating that the tender offer initiated by ANT GROUP has been approved by relevant Chinese authorities and is expected to complete delivery on March 30.
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10:04
The Hang Seng Tech Index's gains expanded to 2%, with Leapmotor rising over 5%, and Li Auto and MEITUAN up nearly 4%.
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10:03
Large financial stocks strengthened, with Aijian Group hitting the daily limit, and Guosen Securities, Eastmoney, Huijin Co., Ltd., GF Securities, Zhinan Zhen, Dazhihui, and Wealth Trend following suit, while Hangzhou Bank reached a historical high during the session.
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09:40
The real estate sector performed actively, with Centralcon Holding hitting the daily limit, and 5i5j, BEH-P, SDGS, EBJB, and CASIN following suit.
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In news, according to the People's Bank of China website, the Shanghai branch of the People's Bank of China, in conjunction with the Shanghai Regulatory Bureau of the National Financial Regulatory Administration, issued a notice on adjusting the minimum down payment ratio policy for commercial housing loans in Shanghai, which will be adjusted to no less than 30% starting from March 16, 2026
09:37
Hong Kong stocks surged during the session, with the Hang Seng Index rising nearly 1% and the Hang Seng Tech Index up 1.5%.
09:35
The chemical sector strengthened again, with Shandong Haihua hitting the daily limit, Jiangtian Chemical rising over 10%, and Sanwei Chemical, Tianyuan Co., and Hongxing Development following suit.
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09:32
The photovoltaic equipment sector opened strong, with Huamin Co. rising over 12%, Maiwei Co. up more than 7%, and Guosheng Technology, JA Solar Technology, Shuangliang Eco-Energy, and Aotwei also rising.
09:26
The SSE Index opened up 0.04% at 4086.3 points, the ChiNext rose 0.85%, and the Shenzhen Index increased by 0.44%. Photovoltaic cells and high-speed copper connection concepts led the gains, while wind power generation and stablecoin sectors lagged behind, with oil and gas, coal, and power generation equipment sectors sluggish.
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09:21
The Hang Seng Index opened up 0.4% at 25938.43 points, the Hang Seng Tech Index rose 0.5%, and the Hang Seng China Enterprises Index increased by 0.27%. Nio rose over 2%, Li Auto nearly 2%. Alibaba rose over 1%, establishing the Alibaba Token Hub business group, directly overseen by CEO Eric Wu.
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The real estate sector performed actively, with Centralcon Holding hitting the limit up, and 5i5j, BEH-P, SDGS, EBJB, and CASIN following suit. BRIGHT SMART surged over 60%. According to reports, the tender offer initiated by ANT GROUP has been approved by the relevant Chinese authorities and is expected to complete the delivery on March 30

- A shares experienced a broad adjustment in computing hardware stocks, while major indices rose, led by finance and real estate sectors.  
- NVIDIA's CEO announced their next-generation AI chip architecture, aiming for significant revenue by 2027.  
- The Hang Seng Index climbed over 1%, with notable gains in technology stocks and new energy vehicles.

Wallstreetcn

Centralcon Holding

CASIN

ANT GROUP

BEH-P

BRIGHT SMART

Shenzhen Index

SSE Index

EBJB

5i5j

ChiNext

SDGS

Guotai CSI All Share Investment Banking & Brokerage ETF

Yinhua CSI All Share Investment Banking & Brokerage ETF

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

The three major A-share indices fluctuated and rose, with a rebound in large financials, a comprehensive adjustment in computing hardware, the Hang Seng Index rising over 2%, and tech stocks collectively surging