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Market Close Review: ChiNext Index Up 2.02%, Computing Power Rental and CPO Concepts Strengthen
People’s Financial News, March 18 — Today, the three major indices opened higher collectively, but the market briefly turned red in the early trading session. In the afternoon, the indices turned green again, with the ChiNext Index rising over 2%. By the close, the Shanghai Composite Index increased by 0.32%, the Shenzhen Component Index rose by 1.05%, and the ChiNext Index gained 2.02%.
In terms of sectors, the computing power leasing concept continued to strengthen, with multiple stocks like Pingzhi Information, Meili Cloud, and Yun Sai Zhi Lian hitting the daily limit. The storage chip concept also rose, with Tongyou Technology, Shenke Da, Chengbang Shares, and China Electric Port hitting the limit. The CPO concept was active, with Zhongbei Communications, Ristad Kang, and Guanghe Technology hitting the limit.
The commercial aerospace concept surged, with Shunhao Shares and Xice Testing hitting the limit. The sectors leading the gains included communication equipment, IT equipment, software services, semiconductors, and components; while sectors like petroleum, hospitality and catering, brewing, real estate, and chemical fibers saw the largest declines.