A-Share Closing Review: ChiNext Index Falls Over 2%, More Than 4,500 Stocks Decline Across the Market

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A-shares Market Closing: ChiNext Index Falls Over 2%, Over 4,500 Stocks Decline Across the Market

21st Century Business Herald 21 News

2026-03-17 15:03

Southern Finance, March 17 — The market experienced a day of oscillation and adjustment, with the Shenzhen Component Index falling over 1% and the ChiNext Index dropping more than 2%. By the close, the Shanghai Composite Index decreased by 0.85%, the Shenzhen Component Index by 1.87%, and the ChiNext Index by 2.29%. Trading volume shrank, with total turnover in the Shanghai and Shenzhen markets only reaching 2.21 trillion yuan, a decrease of 117.5 billion yuan compared to the previous trading day. Market sectors showed weak rotation of hot spots, with over 4,500 stocks declining across the market.

From a sector perspective, large financial stocks defied the trend and strengthened, with insurance and banking sectors leading the gains. Aijian Group hit the daily limit, while CITIC Bank, New China Insurance, and China Pacific Insurance all closed higher. The chemical sector was active repeatedly, with Chitianhua hitting three consecutive daily limits, and Sanfangxiang, Jinzengda, and Luhua Technology also hitting the limit up. The real estate sector fluctuated upward, with Zhongzhou Holdings and Jinneng Real Estate hitting the limit.

On the downside, sectors such as computing hardware and semiconductors led declines. The CPO concept stocks collectively adjusted, with stocks like Changguang Huaxin, Dekeli, Luobote, and Guangku Technology experiencing significant drops.

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