Market Close: The Shanghai Composite Index rose 1.3% to return to 3,900 points, with a hundred stocks hitting the daily limit for two consecutive days.

[Closing Review: Shanghai Composite Up 1.3%, Reclaims 3,900 Points; A Hundred Stocks Hit Limit Up for Two Consecutive Days] Caixin News March 25, 2024: The market saw a choppy rebound. The Shanghai Composite Index rose more than 1% to return above 3,900 points, while the ChiNext/Startups Index rose more than 2%. The combined trading value of the Shanghai and Shenzhen markets was 2.18 trillion yuan, up 97 billion yuan from the previous trading day. On the trading board, market hotspots rotated quickly. Across the entire market, more than 4,800 stocks rose, including 105 hitting limit up, with a hundred-stock streak of limit-ups for two consecutive trading days. By sector, the power sector surged. The green power theme led the gains, with more than ten constituent stocks hitting limit up. Huadian Liaoneng achieved an eight-day limit-up streak, ShaoNeng Co., Ltd. hit 5 limit-ups in 6 days, and Yue Del Power A posted a 4-limit-up streak in 6 days. The computing power leasing concept strengthened, with several stocks including 263 (二六三), Oryed (奥瑞德), Litong Electronics (利通电子), and Bigwei Technology (大位科技) hitting limit up. The CPO concept was active, with Mingpu Photomagnetics (铭普光磁), Ailed (阿莱德), and Kechuan Technology (可川科技) hitting limit up. The fiber optic concept saw a volatile rebound. Tongding Interconnection (通鼎互联) hit a two-day limit-up streak, and Tefa Information (特发信息) capped at limit up. On the downside, oil and gas stocks underperformed, with Keli Co., Ltd. (科力股份) and Tongyuan Petroleum (通源石油) falling. By the close, the Shanghai Composite Index was up 1.3%, the Shenzhen Component was up 1.95%, and the ChiNext/Startups Index was up 2.01%.