A-shares midday review: The three major indices all rose more than 1% on average in the first half of the day, with non-ferrous metals, chemicals, and other inflation-themed stocks surging across the board.

K-LinePoet · 2026-03-08T04:12:42+00:00

The three major A-share indices rose across the board in the early trading session, with the Shanghai Composite up 1.2% and the Shenzhen Component up 1.47%. The non-ferrous metals, steel, and other sectors performed strongly, with many stocks hitting the daily limit; meanwhile, the film and television cinema chains, and communication equipment sectors experienced adjustments. Overall market trading was active, with nearly 4,000 stocks rising.

K-LinePoet

2026-03-08 04:12:42

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The three major A-share indices rose collectively in the early trading session. By midday, the Shanghai Composite Index increased by 1.2%, the Shenzhen Component Index by 1.47%, the ChiNext Index by 1.43%, and the Beijing 50 Index by 0.28%. The combined half-day trading volume of the Shanghai, Shenzhen, and Beijing markets reached 15,322 billion yuan, an increase of 112 billion yuan compared to the previous day. Nearly 4,000 stocks in the market rose.

In terms of sectors and themes, non-ferrous metals, phosphate chemicals, steel, rare earth permanent magnets, ports and shipping, batteries, real estate, paper manufacturing, and chemical fiber sectors led the gains; while film and television cinemas, communication equipment, optical fiber, and gaming sectors declined.

On the trading floor, chemical, non-ferrous metals, and steel stocks related to price increases surged across the board, with Yun Tianhua, Yunnan Germanium, and Baogang shares hitting the daily limit. The real estate sector initially rallied, with I Love My Home, Hualian Holdings, and Urban Investment Holdings reaching the daily limit. Institutions are paying attention to the pace of transaction recovery and policy tone. The port and shipping sector also speculated on price increase logic, with China Merchants Steamship reaching new highs, COSCO Shipping Energy two consecutive limit-ups, and the daily rent for VLCCs (Very Large Crude Carriers) on the Middle East-China route surpassing $170,000, a threefold increase since the beginning of the year.

Additionally, sectors such as paper, rare earth permanent magnets, and batteries showed unusual movements. On the other hand, the film and television cinema sector continued to decline, with Hengdian Film and Television hitting two consecutive daily limits, and Bona Film opening a limit-down during trading. Some stocks in the CPO and optical fiber sectors, such as Robotech and Zhishang Technology, experienced over 10% intraday declines.

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