Market Close Commentary: ChiNext Index Up 1.3%, BC Cell Concept Strengthens

MetaMuskRat · 2026-03-21T17:31:55+00:00

On March 20, the three major indices showed mixed performance: the Shanghai Composite Index fell by 1.24%, the Shenzhen Component Index decreased by 0.25%, and the ChiNext Index rose by 1.30%. Concept stocks such as BC batteries, lithium mines, and solid-state batteries surged significantly, while optical communication and photovoltaic concepts remained active. Sectors including electrical equipment led the gains, while software services and other sectors declined.

MetaMuskRat

2026-03-21 17:31:55

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People’s Financial News, March 20 — Today, the three major indices opened with mixed gains and losses. The Shanghai Composite maintained a volatile adjustment trend throughout the day. The ChiNext Index showed a relatively strong performance. By the close, the Shanghai Composite fell 1.24%, the Shenzhen Component Index declined 0.25%, and the ChiNext Index rose 1.30%.

In the market, the BC battery concept strengthened, with Haiyou New Materials rising over 13%. The lithium mining concept also gained, with Ganfeng Lithium once hitting the daily limit. The solid-state battery concept was strong, with Guosheng Technology hitting the limit. The optical communication concept rose, with Yuanjie Technology up over 17%, reaching a new all-time high. The photovoltaic concept was active, with Sun Electric and Shouhang New Energy hitting the daily limit.

Gains were led by sectors such as electrical equipment, communication equipment, and power; while software services, internet, diversified finance, and IT equipment sectors declined.

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