March 17th Midday Review: ChiNext Index fell 0.58% in half a day, while financial and real estate stocks strengthened against the trend

Wallstreetcn
2026.03.17 03:31

The market opened high in the morning but fell back, with the three major indices slightly down. The large financial sector strengthened during the session, with AJ GROUP hitting the daily limit, and GUOSEN SECURITIES and NANHUA FUTURES rising over 5%. Real estate stocks rebounded, with BEH-P, Centralcon Holding, and MTL hitting the daily limit. The photovoltaic and energy storage sectors were repeatedly active, with CHINT POWER, Yabo, and GCLSI also hitting the daily limit. On the downside, computing power hardware stocks like CPO fell sharply, with Tiantong Co., Ltd. and Kechuan Technology hitting the daily limit down, and Juguang Technology dropping over 10%. Most individual stocks fell rather than rose, with over 3,400 stocks in the Shanghai, Shenzhen, and Beijing markets in the red, and a total turnover of 1.38 trillion in the morning session. At the midday close, the Shanghai Composite Index fell 0.04%, the Shenzhen Component Index fell 0.4%, and the ChiNext fell 0.58%