Morning Review: The Shanghai Composite Index fell 0.58%, with insurance, semiconductors, and other sectors declining, while lithium battery concepts remained active.

2026-03-27 00:52:20

On the morning of March 26, the Shanghai Composite Index fluctuated downward during trading, the ChiNext Index turned red, and over 4,100 A-shares were in the red.

By midday, the Shanghai Composite fell 0.58% to 3,909.16 points, the Shenzhen Component Index dropped 0.38%, and the ChiNext Index slightly declined by 0.07%. The combined trading volume of the Shanghai, Shenzhen, and Beijing markets was approximately 1.23 trillion yuan.

In terms of sectors, insurance, semiconductors, securities firms, brewing, and military industries declined, while banks rose against the trend. Lithium batteries and innovative medicine concepts were active.

Caitong Securities believes that, looking ahead, the stabilization of Middle East tensions is highly likely, and global risk assets may see steady recovery. The A-share market will also return to its own rhythm. In the short term, after continuous rebounds, the market’s bottom may have been established. Technically, due to previous rapid declines, some trapped positions have accumulated. Currently, major indices are approaching resistance levels, and a quick breakthrough may only occur with steady increasing trading volume. However, after significant fluctuations earlier, confidence in the A-share market needs rebuilding, and the pace of new capital inflows remains to be observed. Therefore, after a continuous broad rise, the short-term A-share market may revert to a sector-divided, structural pattern driven by thematic stocks.

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