March 23 Continuous Lows After Major Decline

1. Sector Popularity (Total transaction amount of stocks hitting the daily limit in parentheses): [Taoguba]

Electric Power (5.7 billion, low) > Photovoltaics (5.3 billion, low) > Coal Chemical Industry (1.8 billion, low)

2. Hot Sectors and Stock Analysis (Red text involves subjective comments, experts please skip)

Electric Power
002309 Zhongli Group 09:25:00 Photovoltaic energy storage consecutive limit-up.
600396 Huaneng Liaoning Energy 09:42:47 Green power opened limit-up. Six consecutive limit-ups.
002218 Tuori New Energy 09:57:09 Space photovoltaic
002310 Dongfang New Energy 13:46:39 Major asset restructuring + wind and solar power station opened limit-up. Three consecutive limit-ups.
300345 Huamin Co., Ltd. 14:42:06 Photovoltaic opened limit-up.
001258 Lixin New Energy 14:24:00 Energy storage expansion opened limit-up.
002150 Chint Power 14:39:36 Photovoltaic energy storage opened limit-up. Two consecutive limit-ups.
600032 Zhejiang New Energy 14:49:48 Green power opened limit-up.
603105 Core Energy Technology 14:51:43 Energy storage opened limit-up.
Comment: The power sector still has strong group support. This is the fourth day of rebound at the ice point. The high mark reached six limit-ups. Tomorrow is a critical node for a potential breakout, but the sector is constrained by the market. If the overall market rebounds, funds may flow out of the power sector.

Petrochemical
600844 Jinneng Technology 09:39:54 Coal chemical industry
600792 Yunnan Coal Energy 09:52:42 Coal chemical industry opened limit-up.
600758 Liaoning Energy 09:31:04 Coal industry
000703 Hengyi Petrochemical 13:06:42 Petrochemical industry
Comment: The rise is driven by price increase speculation, but the sustainability is uncertain. Many stocks previously performed well in chemical and resource sectors. A large wave again in the short term is unlikely.

3. Announcement Board
300385 Xuelang Environment 09:25:00 Resumption after restructuring
603616 Hanjian Heshan 13:01:00 Proposed acquisition of Xingfu New Materials
603272 Lianxiang Co., Ltd. 14:53:08 Controlling shareholder transferring shares, opened limit-up.
603687 Dashengda 14:56:52 Proposed GPU investment, opened limit-up. Four consecutive limit-ups.

4. Other Limit-up Stocks and Concept Speculation
603529 Aima Technology 13:56:21 Electric two-wheel vehicles opened limit-up.
603787 Xinri Co., Ltd. 13:59:16 Electric two-wheel vehicles opened limit-up.
603016 Xin Hongtai 14:51:24 Power grid equipment opened limit-up.
603803 RiseKonda 14:49:08 High-speed optical modules opened limit-up.
600149 Langfang Development 13:04:32 District heating
002896 Zhongda Lide 14:51:42 Robotics opened limit-up.
600376 Shoukai Co., Ltd. 09:52:24 Indirect holding of Yushu Technology
600143 Jinfax Technology 14:49:54 Indirect holding of Yushu Technology + humanoid robots opened limit-up.
300868 Jemeite 14:23:39 Cross-border acquisition opened limit-up.
002565 Shunhao Co., Ltd. 14:52:30 Space computing power opened limit-up.
603727 Bomaike 10:26:07 Oil and gas exploration and services

5. Data Insights:
Number of stocks with daily gains over 10% (including limit-ups): 34
Number of stocks with daily declines over 10%: 32
Shanghai Composite Index advancing stocks: 313, declining stocks: 2011.
Total transaction amount: 964.8 billion
ChiNext Index advancing stocks: 69, declining stocks: 1322.
Total transaction amount: 617.1 billion
Beijing Stock Exchange advancing stocks: 42, declining stocks: 255.
Total transaction amount: 16.2 billion
Stocks with gains over 5%: 69
Stocks with declines over 5%: 3163

6. Market Popular Stocks:
600396 Huaneng Liaoning Energy (Electric Power, six limit-ups)

Comment: Although the market is affected by geopolitical conflicts, the continuous freezing is quite unbelievable. Such four consecutive freezes in a bear market are very rare. Due to today’s significant index adjustment, the decline today is comparable to the previous week. If a stop to the decline and a rebound occur in the next two days, it could be quite violent.