March 23rd midday closing review: All three major indices fell over 2%, with nearly 5,100 stocks in the entire market declining

Wallstreetcn
2026.03.23 03:31

The market opened lower and fluctuated in the morning, with all three major indices down about 2%. The coal sector performed strongly against the trend, with YNCE, Liaoning Energy, and Shanxi Coking Coal hitting the daily limit. The space photovoltaic concept surged, with Huamin Co., Ltd., Zhongli Group, and Toray New Energy also hitting the daily limit. Robotics concept stocks were partially active, with Zhongdali De, Jinfat Technology, and Shoukai Co., Ltd. hitting the daily limit. On the downside, the precious metals sector plummeted, with CHIFENG GOLD hitting the daily limit; pork stocks fell, with MUYUAN nearing the daily limit. Individual stocks showed a widespread decline, with nearly 5,100 stocks in the Shanghai, Shenzhen, and Beijing markets in the red, and a total turnover of 1.47 trillion in the morning session. At the midday close, the Shanghai Composite Index fell by 2.5%, the Shenzhen Component Index fell by 2.53%, and the ChiNext Index fell by 2.44%