A-Share Movers | Sentiment Recovery? Battery Stocks Surge Collectively, Putailai, Shida Shenghua and Others Hit Daily Limits, CATL Rises Nearly 5%

NightAirdropper

2026-03-20 19:31:06

Abstract generation in progress

Gelonghui March 20 | A-shares battery stocks collectively surged. By midday, Penghui Energy rose over 15%, Powerway科技 increased 14%, Haike New Source gained over 13%, Putailai, Shida Shenghua, Guosheng Technology hit the 10% daily limit, Hunan Yune surged nearly 10%, EVE Energy, Origin Material, Xinzhoubang, Haibosi Chuang, Wanrun New Energy rose over 8%, Wuhan Landian, Tianci Materials, Haopeng Technology, Boliv Power, Dingsheng New Material increased over 7%, CATL rose nearly 5%.

On the news front, CITIC Construction Investment pointed out that driven by nonlinear growth in energy storage demand, a new cycle for lithium batteries is becoming clearer. It is expected that by 2026, global lithium battery demand will reach 3,065 GWh, a year-on-year increase of 33.7%, leading to rapid growth in lithium battery electrolyte demand.

Additionally, the latest industry data shows that in March 2026, domestic lithium battery production increased approximately 20% month-on-month and about 40% year-on-year, with strong market expectations for industry chain companies’ performance recovery in the first quarter and throughout the year.

It is also worth noting that the strength of heavyweight stocks like CATL has driven a recovery in the overall new energy sector sentiment.

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