Market Wrap: ChiNext Index Rebounds from Day's Low to Finish Over 1% Higher, Memory Chip Stocks Skyrocket
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Author:小编   

On March 16, 2026, the A-share market displayed resilience by bouncing back from its intraday low. The Shenzhen Component Index managed to close in the green, and the ChiNext Index soared by more than 1%. The combined trading volume on the Shanghai and Shenzhen stock exchanges amounted to RMB 2.33 trillion, marking a RMB 75 billion decrease from the previous trading session. In terms of sector performance, trending topics shifted swiftly, with over 2,800 stocks making gains. Memory chips, deep-sea technology, PCB (Printed Circuit Board) concepts, and the shipping sector stood out with robust performances. Conversely, energy storage, green power concepts, and the coal sector experienced declines. At the market close, the Shanghai Composite Index saw a minor dip of 0.26%, while the Shenzhen Component Index edged up by 0.19%, and the ChiNext Index surged 1.41%.