Rongjie Co., Ltd. hits three consecutive limit-ups, with funds flocking to lithium batteries! Will it continue to strengthen tomorrow? | Sichuan View Analysis

Sichuan Observer News reporter Li Feifei

On March 26, after A-shares had just enjoyed two straight days of gains, the market once again suffered a sharp pullback. At the close, the Shanghai Composite Index fell 1.09% to 3,889.08 points; the Shenzhen Component Index fell 1.41% to 13,606.44 points; and the ChiNext Index fell 1.34% to 3,272.49 points. Total turnover across the entire market was only 1,957 billion, shrinking by 235.9 billion from the previous day.

Tonghuashun App screenshot

At the individual-stock level, the situation changed dramatically: more than 4,400 stocks across the market turned green and fell, while there were fewer than 1,000 advancing stocks. The ratio of gainers to decliners was nearly “one-sided,” as if the market had been hit with a “reverse gear.”

With the market abruptly turning this time, the key ignition point is unclear next steps in the U.S.-Iran conflict. On the news front, Xinhua News Agency cited an Iranian media report on the 25th stating that Iran may open a new front in the Strait of Hormuz. Driven by this, risk-averse sentiment in global capital markets has surged to a peak.

During today’s A-share trading session, Brent crude oil kept strengthening; by 15:00, the gain was nearly 2%. The U.S. Dollar Index repeatedly wavered around the flat line. Spot gold, however, plunged in the afternoon, falling by more than 1%.

In a weak market, the “funds clustering” effect is evident. In the market, this is directly reflected in the principle of “the strong always grow stronger.” Today, power-related stocks continued to show strength: there were 9 stocks that hit the daily limit. However, it is worth noting that toward the end of the session, the power sector showed clear divergence—some “power benchmark” stocks like Huadian Liaoning saw their daily-limit gains “collapse,” while other players like Tongbao Energy in the later ranks pushed to their daily limit, with intense battles between bulls and bears.

Oriental Fortune App screenshot

In addition, due to the unpredictable outlook for the Middle East situation over the weekend, some funds exited early at today’s noon, while other funds avoided uncertainty and instead clustered into sectors with clear earnings expectations. As a result, lithium battery stocks have become a common choice for some funds. In terms of sector performance, energy metals and battery sectors ranked first and second on the gainers list; for the former, the intraday rise once reached 4.14%, including popular stock Rongjie Co., Ltd. hitting three consecutive daily limits.

Oriental Fortune App screenshot

Oriental Fortune App screenshot

Looking ahead to tomorrow, the power sector’s performance is full of uncertainty, and the dual game between “safe-haven demand” and “profit-taking” has intensified. Industry insiders analyze that tomorrow’s power sector is highly likely to see a fierce contest between bulls and bears. For ordinary investors, the cost-effectiveness of blindly participating in this kind of game is not high; it is recommended to mainly stand by and avoid risks from high-level volatility. Another point to watch is that safe-haven sentiment may further steer capital preferences toward certainty—whether to continue clustering in lithium batteries and whether a new main storyline emerges in the market is worth watching.

Oriental Fortune App screenshot

As for the Sichuan sector, even in a weak market there are still plenty of stocks that have strengthened against the tide. Among them, Sinotechnology, Shengxin Lithium Energy, Yahua Group, and ST Huaxi all saw gains exceeding 5%, offering investors a bit of warmth amid market turbulence.

Oriental Fortune App screenshot

In just one day, A-shares abruptly turned away from the recovery and returned to the adjustment track. Industry insiders point out that this round of pullback in essence is that external geopolitical risk has sharply escalated, temporarily overriding the market’s internal recovery momentum. Looking forward, in the near term, market action will likely remain highly driven by how the geopolitical situation evolves. The market will most likely continue the pattern of choppy trading and bottoming out over time, using time to buy space; a trend reversal still needs to wait for clearer signals.

【Unauthorized copying and redistribution prohibited! Contact phone: 028-86968276】

Thousands of news items and precise analysis—only on the Sina Finance App