2026-3-20, Review/Retrospective

1. Market Brief [Taogu Ba]
   【Bid Price One-Word Board】

【Top 10 in Trading Volume at Opening】
Zhongji Xuchuang, Xinyi Sheng, Huagong Technology, Shaoneng Shares, Tianfu Communications, Dongshan Precision, Zijin Mining, Bawei Storage, Yunnan Germanium, CATL.
9 up, 0 flat, 1 down. Highest trading volume 840 million, average over 150 million.
Average red opening: 4.9.

9:15-9:25:

Leading stocks at bid: Meiliyun for computing power, Aoruid; Computing and electricity collaboration: China Electric Power LiaoNeng, Shaoneng Shares; Chemical: Xinghua Shares; Cross-border payments: China Oil Capital; Natural gas: Guo Xin Nengyuan (This content is automatically generated by AI based on market data)
AI hardware Mingpu Guangci hits limit up, two consecutive boards
Mergers and acquisitions (chips): Shengda hits limit up, three consecutive boards
AI hardware Reisconda hits limit up, two boards in three days

9:25-11:30:

News reports: U.S. stocks in optical communications soar, Lumentum up over 10%
AI hardware bid fluctuations: Reisconda, Mingpu Guangci large orders with single-words, heavyweight Tianfu Communications opens more than 8% higher, Xinyi Sheng, Zhongji Xuchuang, and others open significantly higher
Three major indices diverge at bid: ChiNext index opens over 1.5% higher, over 3,000 stocks rise, heavyweight Tianfu Communications, Xinyi Sheng, CATL, Sunshine Power open high
Wind power: Dongfang Xinneng hits limit up, three boards in five days
AI computing and electricity collaboration remains active: Shaoneng Shares three consecutive boards, Zhaoxin Shares four days two boards, Shunna Shares, Huadian LiaoNeng follow the rise
AI computing and electricity collaboration: Huadian LiaoNeng hits limit up, five consecutive boards

Energy storage sector remains active: Gotion High-tech, Jinneng Technology up over 6%, Chint Power, Deye Shares follow the rise
AI computing and electricity: Huadian LiaoNeng continues strong, five consecutive boards; Huadian Energy hits two boards again, reaching new trend highs; Jinkai New Energy, Ganneng Shares surge
Chip concept stocks move sharply: Bocheng Shares hits limit up on first board, Zhuseng Micro up over 10%, Yaxiang Integration and others follow the rise
Lithium battery stocks surge: Shida Shenghua hits limit up on first board, Haike Xinyuan up over 14%, Putailai, Enjie Shares follow the rise
Three major indices open strong: Shenzhen Composite up over 1%, ChiNext up over 2%, over 3,500 stocks are rising; key stocks like Xinyi Sheng up over 8% to a new high, Zhongji Xuchuang up over 9%, AI hardware leads gains
Current turnover in Shanghai and Shenzhen exceeds 500 billion, slightly higher than the previous trading day, expected total daily turnover exceeds 2 trillion
AI hardware continues to strengthen: Xinyi Sheng, Zhongji Xuchuang up over 9%, Yuanzhi Technology, Changguang Huaxin and others hit new highs

Market sentiment diverges: micro-cap stocks weaken rapidly, nearly 3,500 stocks decline; AI hardware stocks like Yuanzhi Technology, energy storage stocks like Onelink Electric, chip stocks like Zhuseng Micro see large sell-offs, with over 40% breakout rate
AI hardware stocks show intra-day divergence: Mingpu Guangci with large volume on limit-up, Reisconda with sell-off, Zhongji Xuchuang falls below moving averages, Tianfu Communications drops sharply
AI computing and electricity: Guxin Energy recovers to five consecutive boards, Yinxing Energy hits limit up, Dongfang Xinneng attempts to recover, Jinkai New Energy turns red underwater

Wind power sector moves sharply: Dajin Heavy Industry up over 6%, Tianshun Wind Power, Jixin Technology follow the rise
All three major indices turn red: ChiNext up over 3%, number of rising stocks increases to over 1,500; energy storage sector remains strong: Sunshine Power up over 7%, Deye Shares, Shouhang New Energy hit limit ups

13:00-15:00:

News reports: Tesla team plans to purchase large-scale Chinese photovoltaic equipment.
Photovoltaic sector surges: Junda Shares hits limit up, Mawei Shares, Laplace up over 16%, Autoway, Jinko Energy surge
Current turnover in Shanghai and Shenzhen exceeds 1.5 trillion, up 12% from the previous day, expected total daily turnover exceeds 2.3 trillion
Lithium mining stocks surge: Ganfeng Lithium approaches limit up, Yongxing Materials, Zhongda Mining rise sharply
Computing power concept weakens: Zhaochuang Data, Litong Electronics plunge near limit, Dongfang Guoxin, Hongjing Technology fall sharply
In the afternoon, major indices retreat: Shanghai Composite turns red again, ChiNext’s gains narrow, nearly 4,000 stocks decline; photovoltaic stocks like Junda Shares, lithium stocks like Ganfeng Lithium, chip stocks like Zhuseng Micro see large sell-offs, with breakout rate over 45%

Domestic chip (computing power) stocks rise: Muxi Shares up over 3%, Cambrian falls back slightly over 2%, Mooresoft and others follow the rise
Current turnover exceeds 2 trillion, up 7% from the previous day, expected total daily turnover over 2.2 trillion
AI and energy collaboration: Guxin Energy recovers over 7%
Indices continue to fall: Shanghai and Shenzhen indices hit intraday lows; ChiNext’s gains narrow after reaching new highs; over 4,000 stocks decline, market continues broad decline in the afternoon

2. Gain/Loss Situation

3. Sentiment Cycle and Rotation Themes

4. Core Targets
   Communication, energy storage, photovoltaics—these three sectors are still promising; others are too overhyped…

5. Today’s Limit-up and Breakthrough Stocks

6. Yesterday’s Review and Replay

7. Next Day’s Outlook

Shanghai Composite drops below 4,000, hitting new lows.
ChiNext hits new highs.

Communication and energy storage remain steady with good performance. Just wait for these two to get through this period.
Photovoltaics give a positive boost.

Anyway, the US has various negative expectations, Middle East tensions are escalating.
Just wait and see.