Market Close: ChiNext Index Rises 1.41%, Seed Industry and Storage Chip Concepts Strengthen

MetaMuskRat

2026-03-17 15:13:47

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People’s Financial News, March 16 — Today, the three major indices opened with mixed gains and losses. In the morning, they remained volatile and adjusted sideways, with the Shanghai Composite Index and Shenzhen Component Index falling more than 1% intraday. In the afternoon, the indices rebounded and rose, with the ChiNext Index up over 1%. By the close, the Shanghai Composite fell 0.26%, the Shenzhen Component rose 0.19%, and the ChiNext Index increased 1.41%.

In the sector performance, the seed industry concept strengthened, with Nongfa Seed Industry hitting the daily limit. Water products and marine economy concepts rose, with Oriental Ocean and Shenkai Shares hitting the limit. Storage chip concept fluctuated and strengthened, with Zhaoyi Innovation and Langke Technology hitting the limit. PCB concept was active, with Jinan Guoji and Chaoying Electronics hitting the limit.

Additionally, sectors such as diversified finance, brewing, semiconductors, transportation services, and tourism led the gains; while steel, non-ferrous metals, engineering machinery, electricity, and chemical sectors saw the largest declines.

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