March 3rd consecutive board promotion and market hot spot review record

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【Analysis of Consecutive Limit-Up Promotions】 [Taogu Ba]

The rate of consecutive limit-up promotions remains at 20%. Although the number of stocks with three or more consecutive limit-ups has increased to 4, the maximum limit-up height is still only 3. The overall loss-making effect of high-priced stocks remains high. Hongxing Shares experienced two consecutive limit-downs. Among the two small metal concept stocks that previously had two consecutive limit-ups, Rare Earths and Tin Industry both hit limit-downs, triggering extreme divergence within resource stocks that led the rally earlier. The non-ferrous metals sector saw widespread downward adjustments, with rare earth permanent magnets, tungsten, lithium mines, and other sectors suffering heavy blows.

As the “Three Big Oil Companies” achieved their first-ever two consecutive limit-ups, it sparked another wave of limit-up surges in oil and gas stocks. Aside from the non-ferrous metals sector’s correction, semiconductors and military industries faced capital outflows, becoming the hardest-hit sectors with many constituent stocks falling more than 10%. This put pressure on the Sci-Tech Innovation 50 Index, which closed down more than 5%.

Therefore, in the current phase where market sentiment is retreating, even if there are short-term divergences in the energy sector, the recovery in other sectors should not be overly optimistic.

【Market Hotspot Analysis】

Note: The text and stocks mentioned are for personal review and record purposes only and are not investment advice.

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