On March 24, the market rebounded after touching bottom throughout the day, with the Shanghai Composite Index and Shenzhen Component Index both rising over 1%, and the ChiNext Index turning red at the close after falling nearly 2.5% earlier. The yellow and white lines showed significant divergence, with micro-cap stock indices surging over 5%. Trading volume in Shanghai and Shenzhen markets totaled 2.08 trillion yuan, down 348.7 billion yuan from the previous trading day. On the board, market hotspots rotated rapidly, with over 5,100 individual stocks advancing across the market, of which 100 stocks hit daily limits. From a sector perspective, the power sector erupted, with over a dozen constituent stocks hitting daily limits, including Huadian Liaoning Energy with 7 consecutive daily limits, Shaoguan Energy with 4 daily limits in 5 days, Liaoning Energy with 2 consecutive daily limits, and Huayin Electric Power, Kaikai New Energy, and Disen shares hitting daily limits. The military-industrial sector strengthened, with Great Wall Military Industry, Hunan Tianyan, and Construction Industry hitting daily limits. The optical fiber concept continued to rise after midday, with Yangtze Optical Fiber and Tongding Interconnection hitting daily limits. The space photovoltaic concept showed repeated activity, with Zhongli Group hitting 3 consecutive daily limits and Tuori New Energy hitting 2 consecutive daily limits. The shipping sector consolidated and pulled higher, with China Merchants South Oil hitting the daily limit. On the decline side, oil and gas stocks performed weakly, with Keli shares, Tongyuan Petroleum, and Chinese Continental Oil all falling over 5%. By close, the Shanghai Composite Index rose 1.78%, the Shenzhen Component Index rose 1.43%, and the ChiNext Index rose 0.5%.

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