TechFlow News, March 23: According to JINSHI Data, all three major A-share indices declined today. By market close, the Shanghai Composite Index fell by 3.63%, the Shenzhen Component Index dropped by 3.76%, and the ChiNext Index declined by 3.49%. The combined trading volume on the Shanghai and Shenzhen stock exchanges reached RMB 2.43 trillion, an increase of RMB 144.7 billion compared to the previous trading day; nearly 5,200 individual stocks across the market declined. Sector- and stock-specific performance showed broad declines across multiple A-share sectors today, with gold and non-ferrous metals stocks leading the losses—Chifeng Gold, Sichuan Gold, and Shengda Resources hit the daily trading limit down. Technology growth stocks—including PCBs, CPOs, and semiconductors—also faced broad pressure: Jin’an Guoji, Xiehe Electronics, and Guanghe Technology hit the daily trading limit down, while Cambricon plunged over 5% intraday, breaking below RMB 1,000 per share. Additionally, tourism, aquaculture, and cultural media sectors suffered sharp declines. Conversely, coal, oil & gas exploration and services stocks held up relatively well amid rising oil prices—Yunmei Energy, Liaoning Energy, and Bomaike hit the daily trading limit up. The photovoltaic equipment sector surged initially but later retreated; however, Huamin Co., Ltd. and ZhenTai Power still achieved daily trading limit ups.
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