Positive news sparks a surge! 300961, hit the daily limit up in 2 minutes!

Deep-sea technology concepts surge against the market trend.

On the morning of March 16, the A-share market generally weakened. As of the time of writing, the Shanghai Composite Index and Shenzhen Component Index fell about 0.6%. Over 3,000 stocks in the market are in the red.

In the sector, deep-sea technology concepts surged sharply in the morning. As of the time of writing, this sector’s gains exceeded 6%.

Individual stocks included Deepwater Haina (300961), which quickly hit the daily limit within two minutes of opening; China Science and Technology Hx, which rose nearly 15%; Oriental Ocean and Shenkai Shares also hit the daily limit; Haimo Technology rose over 8%.

On the news front, on March 16, the 6th issue of “Qiushi” magazine published an important article titled “Promoting High-Quality Development of the Marine Economy.” It proposed strengthening top-level design and policy support, formulating guiding opinions to further promote high-quality marine economic development, preparing the “14th Five-Year” marine economic development plan, and increasing policy support in industry, science and technology, finance, and taxation. It encourages social capital to actively participate in developing the marine economy, making the marine industry stronger, better, and larger. It also calls for a new round of comprehensive marine surveys, advancing oil and gas exploration and development in key sea areas, promoting orderly construction of offshore wind power, and large-scale development of tidal and other ocean energies. The “Blue Seed Industry” innovation initiative will be launched to expand deep-sea aquaculture, develop modern offshore fishing, and actively develop marine biomedicine and biological products. Efforts will be made to create marine特色文化 and tourism destinations, promote high-quality development of shipbuilding and marine engineering equipment industries, strengthen “Digital Ocean” construction, develop “Blue Finance,” and push for high-quality development of the shipping industry.

On the same day, the Ministry of Natural Resources’ Party Leadership issued an article in “Qiushi,” emphasizing the need for efficient coordination to enhance the synergy of marine economic development. Coordinating land and sea, mountain and sea, nearshore, offshore, deep-sea, and polar planning is essential to improve the overall efficiency of the marine economy. It calls for scientifically planning the “14th Five-Year” marine economic development blueprint, clarifying main development goals, major strategic tasks, and key projects. It aims to improve the institutional mechanisms for marine economic development, enrich policy tools, and formulate a series of supporting policies. It encourages social capital to participate actively in marine development, exploring investments through industry funds and equity cooperation to strengthen marine exploitation, utilization, and protection. Further efforts will integrate the marine economy into regional development strategies, improve overall planning of major bays, promote high-quality development and protection of islands, optimize the layout of national marine economic demonstration zones, and create distinctive modern marine cities. Policies will support the development of marine provinces, improve regional coordination mechanisms, and guide inland provinces to develop towards the sea, expanding the northern, eastern, and southern marine economic zones.

The planting sector performed strongly in the morning. As of the time of writing, Nongfa Seed Industry hit the daily limit; Denghai Seed Industry, Shennong Seed Industry, and Dunhuang Seed Industry also rose.

On March 13, Han Jun, Secretary of the Party Leadership and Minister of the Ministry of Agriculture and Rural Affairs, presided over a meeting of the Party Leadership. The meeting emphasized the need to thoroughly implement the agricultural and rural work deployment from the National Two Sessions, to not relax efforts in grain production, stabilize sowing areas, deepen the promotion of large-area yield improvements in grain and oil crops, and ensure the annual grain output reaches about 1.4 trillion jin. It also called for greater efforts to promote seed industry revitalization, focusing resources to accelerate the cultivation of breakthrough varieties, striving for technological independence and self-reliance in seed sources.

The liquor sector led gains, with Kweichow Moutai rising over 3% as of the report. Additionally, Huangtai Liquor hit the daily limit.

Sources include: Market行情, Qiushi.net, Ministry of Agriculture and Rural Affairs, etc.