--- title: "A high opening gives hope, and a rebound is expected!" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39467899.md" description: "$Shanghai Composite Index sh000001$ The market performance over the past few days has been truly torturous. Last week, it directly hit market freezing points for two consecutive days, and it was a historically significant freezing point at that. The entire market plummeted miserably, leaving everyone feeling suffocated. I was hoping for a slight recovery yesterday to recoup some losses, but who knew yesterday's performance was even worse than the previous two days, with no strength to resist at all. The index was even more extreme, directly dropping a large bearish candlestick that broke through the 3800-point threshold, making one's scalp tingle and panic levels maxed out. The core reason everyone is so panicked this time is simply the ultimatum from Trump's side..." datetime: "2026-03-24T02:10:05.000Z" locales: - [en](https://longbridge.com/en/topics/39467899.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39467899.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39467899.md) author: "[点金胜手](https://longbridge.com/en/profiles/12090136.md)" --- # A high opening gives hope, and a rebound is expected! $Shanghai Composite Index sh000001$ The market performance in recent days has been truly torturous. Last week, it directly hit market freezing points for two consecutive days, and it was a historically significant freezing point at that. The entire market fell so badly it was a sorry sight, and everyone felt suffocated. I was hoping for a slight recovery yesterday, to recoup some losses, but who knew yesterday's performance was even worse than the previous two days, with no strength to resist at all. The index was even more extreme, directly dropping a big bearish candlestick, smashing through the 3800-point mark, making one's scalp tingle with fear, and panic sentiment was maxed out. The core reason everyone is so panicked this time is simply the ultimatum from Trump's side. Global markets are being led by the nose. It really fits that joke: a flurry of fierce operations, but the rise and fall all depend on Trump! It must be said, this is the true master of market control. Even Warren Buffett would have to take a step back in the face of this kind of emotional influence. However, there was finally a turnaround overnight. Trump spoke out in the evening, softening his stance. Overseas stock index futures immediately followed with a rebound, giving A-shares some hope for a higher open. But don't be too optimistic. There are still variables. Iran directly denied the related claims. The situation is still hanging, and uncertainty hasn't been completely eliminated. Looking at the Japanese and Korean stock markets in the morning session, they all opened higher and then slowly trended lower. How our A-shares move today depends entirely on whether the high opening is strong enough and can hold steady. Let's talk about the technical side. There will definitely be a short-term index rebound, after such a severe fall. People are eager for a rise, hoping for a long-awaited relief. It's normal for everyone to fantasize a bit about a rebound with today's higher open. But to talk about a complete reversal, there's no sign of that yet. Whether it can be sustained later depends entirely on whether trading volume can expand. A rebound without volume is just a sham. Next, key sectors: 1\. Humanoid Robots (The biggest news over the weekend, comparable to the listing of CATL back in the day) The news that exploded over the weekend is that Unitree Technology's IPO application on the STAR Market has been formally accepted, planning to raise 4.2 billion yuan. This is no small weight. Back when CATL listed, it directly led the entire lithium battery industry chain into a three-year bull market. Upstream and downstream all soared. Segments like separators, electrolytes, and anodes directly produced several ten-bagger stocks. How fierce the market was, veteran investors understand. Looking at Unitree's performance, last year's revenue was 1.7 billion yuan, a year-on-year surge of 335%; non-GAAP net profit was 600 million yuan, with growth directly reaching 674%. This performance, placed in the entire A-share robot sector, firmly ranks in the top three. The fundamentals are too strong. If Unitree can later replicate CATL's long-term bull run from back then, the elasticity of its supply chain upstream and downstream will be even greater, making big opportunities easier to find than in the stock itself. This direction is worth watching closely, just to see if it can develop sustainability. 2\. Space-based Photovoltaics (Musk drops another bombshell, the logic is solid) Musk is never idle. Recently, he dropped another heavy plan: Tesla wants to build a "Terafab" chip factory with an annual output of 1 terawatt of computing power, 80% of which will be used in the space sector. Simply put, it's about building data centers in space, which means a massive demand for space-grade photovoltaic panels will be opened up. This logic has two layers. The first is the technical barrier. The space environment is too harsh, requiring radiation resistance and tolerance for extreme high and low temperatures. It's completely different from ordinary ground-based photovoltaics. There aren't many companies that can do it, so scarcity is maxed out. The second is order certainty. This project is operated jointly by Tesla and SpaceX. SpaceX's Starlink already has thousands of satellites in orbit, with plans for tens of thousands more in the future. Orders are no worry at all, and the imagination is big enough. 3\. Energy Substitution (Rising oil prices force the issue, a logic of rigid demand) The situation in the Strait of Hormuz is still developing, with geopolitical conflicts not stopping. Domestic refined oil prices were just adjusted last night. Calculating it, filling a full tank costs 100 yuan more. Car owners are crying out that they can't afford it. This oil price surge directly forces two major substitution directions: one is coal replacing oil and gas. With oil and gas prices soaring, companies will definitely look for more cost-effective alternative energy sources. Coal's relative advantage emerges. The second is transportation substitution. Fuel is too expensive. For short trips, people will definitely prefer electric vehicles. Demand for both two-wheeled and four-wheeled electric vehicles will be driven. This logic is very solid, not afraid of a lack of capital attention. In short, don't be too pessimistic today. There's hope for a higher open, expectations for a rebound. Keep a close eye on the core sectors and sentiment signals, and just follow the market! ### Related Stocks - [03750.HK](https://longbridge.com/en/quote/03750.HK.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [300750.CN](https://longbridge.com/en/quote/300750.CN.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [07366.HK](https://longbridge.com/en/quote/07366.HK.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [HCCD.SG](https://longbridge.com/en/quote/HCCD.SG.md)