Stock Market Update
Hang Seng Index closes up 2.46%, with active performance in robotics concept stocks; Yujiang rises more than 25%
Date: March 18, 2025
As of the market close, the Hang Seng Index increased by 2.46%, while the Hang Seng Tech Index surged by 3.96%. The market opened high and maintained its gains throughout the day, with significant increases in various sectors including robotics, CXO, dual-class shares, overseas internet, AIGC, Chinese concept stocks returning to Hong Kong, cloud computing, livestreaming, automotive, and multi-category retail.
Leading stocks included WuXi AppTec and Baidu, both rising over 10%, while NIO climbed nearly 9%. At the end of the trading session, robotics concept stocks showed strong activity, with Yujiang increasing more than 25% and Midea Group gaining over 10%.
On the downside, sectors such as security, proton exchange membrane, building energy efficiency, cosmetics, department stores, energy-saving lighting, paper, dairy, three-child policy-related stocks, and environmental protection faced declines.
15:49: Robotics concept stocks continued to rise, with Yujiang‘s gains expanding to 20% and Midea Group increasing by over 8%.
15:32: Today’s market saw a total of 66 stocks hitting the upper limit, with 16 stocks on consecutive boards, and 25 stocks failing to maintain limits, resulting in a 72% limit rate (excluding ST and delisted stocks). Key highlights include significant performances from the computing power sector, with Daiwei Technology reaching 10 consecutive upper limits over 18 days, and robotics concept stocks like Xiangyang Bearing achieving 8 consecutive limits in 13 days.
15:04: In the A-share market, all three major indices closed higher, with the ChiNext Index up 0.61%. Strong performances were observed in the port shipping and robotics sectors.
As of the close, the Shanghai Composite Index rose 0.11%, the Shenzhen Component Index increased 0.52%, and the ChiNext Index advanced 0.61%. The total market turnover stood at 15.642 billion, down by 5.67 billion from the previous day, with over 2900 stocks rising.
In terms of sectors, precious metals, port shipping, other power equipment, chemical fibers, battery swapping concepts, PEEK materials, industrial mother machines, gold concepts, dyes, and white goods showed notable gains. Conversely, gaming, liquor, shipbuilding, esports, retail, and duty-free concepts experienced declines.
The port shipping sector saw a continued rise in the afternoon, with China Merchants Port and ZhuHai Port both hitting upper limits, while Cosco Shipping and Shenghang Co. led the gains. Robotics stocks also showed significant upward movement, with over ten stocks including YunDing Technology, GuoMao Shares, and JinTuo Shares reaching their upper limits.
15:03: In the futures market, the main contracts showed mixed results. The CSI 300 index futures (IF) rose 0.24%, while the Shanghai Composite 50 index futures (IH) increased 0.06%, and the CSI 500 index futures (IC) rose 0.33%. The CSI 1000 index futures (IM) rose 0.36%.
15:02: Domestic futures contracts showed mixed results at the midday close. Sugar, low-sulfur fuel oil, SC crude oil, butadiene rubber, No. 20 rubber, and p-xylene saw gains of over 1%. In contrast, nickel, apples, methanol, soybeans, zinc, coking coal, alumina, glass, soda ash, and caustic soda experienced declines exceeding 1%.
14:20: The chemical fiber sector saw a short-term boost, with Jilin Chemical Fiber hitting the upper limit. Other stocks like Tongyi Zhong rose over 10%, while Xinxing Chemical Fiber, Jilin Carbon Valley, Polymer Shun, and Wanhui High-tech followed suit.
14:04: The main contract for nickel on the Shanghai market extended its losses to 3%.
13:59: As of 1:58 PM on March 18, net purchases from southbound funds exceeded 2 billion HKD.
13:47: Robotics concepts continued to rise, with over ten stocks including Fangzheng Electric hitting upper limits in the afternoon. Stocks such as Dongtu Technology and Tangyuan Electric rose over 10%.
On March 18, Yujiang Robotics launched the world’s first full-size humanoid robot, Dobot Atom, which features dexterous operation and bipedal walking capabilities, with a starting price of 199,000 CNY.
13:44: Government bond futures saw expanded gains, with the 30-year main contract rising 0.53%.
13:41: Midea Group’s stock increased by 5% following news about its humanoid robot that can dance, make heart gestures, and respond to voice commands.
13:28: The PCB sector became active, with Shengyi Electronics rising over 10% in the afternoon.
The turnover of the two markets has exceeded 1 trillion for the 40th consecutive trading day, although it has decreased by 800 million compared to the same time yesterday.
12:04: In the Hong Kong market, the Hang Seng Tech Index rose 2.77%, with automotive stocks performing well. NIO rose over 16%.
As of the midday close, the Hang Seng Index was up 1.8%, and the sectors of CXO, Industry 4.0, automotive, cloud computing, and overseas internet showed significant growth. In contrast, department stores, security, real estate, and personal care stocks faced declines.
11:57: Automotive stocks performed strongly, with NIO up over 17%.
11:54: CK Hutchison stock continued to decline, now down nearly 5%.
11:50: CK Hutchison saw a mid-session drop of over 2%.
11:43: At the midday session on March 18, a total of 47 stocks hit upper limits, with 14 stocks on consecutive boards.
11:42: NIO stock increased over 13%.
11:32: The ChiNext Index fluctuated in the morning session, gaining 0.29%.
Overall, the market faced mixed trends. The total turnover was 958.4 billion, down by 841 million from the previous trading day.
Key sectors like deep-sea technology saw a significant rise, while consumer stocks, particularly liquor and others, underwent adjustments.
11:31: The main contracts for government bonds showed slight increases, with the 2-year bond up 0.09% and the 5-year bond up 0.13%.
11:30: Domestic futures contracts showed mixed trends in the morning session, with glass and sugar rising over 1%, while nickel and caustic soda experienced declines exceeding 1%.
11:26: NIO stock surged, increasing over 6%.
11:03: The offshore engineering equipment sector strengthened, with Zhongke Haixun rising over 13%.
10:49: Shanghai gold futures reached a historic high of 700 CNY per gram, marking a rise of 0.71%.
10:44: Gold stocks rose, with Shandong Gold up over 6%.
10:40: The port shipping sector saw a sudden rise, with ZhuHai Port hitting its upper limit.
10:38: Deep-sea technology stocks rebounded, with Shenshui Haina rising over 10%.
10:31: Food and beverage stocks saw fluctuations, with Knight Dairy down over 8%.
10:20: Gold stocks continued to rise, with Laishen Tongling hitting its upper limit.
10:06: Government bond futures mostly turned down, with the 30-year bond down 0.18%.
10:05: Robotics concept stocks remained active, with Xiangyang Bearing and others hitting upper limits.
10:00: Baidu stock increased by 10%.
09:55: The computing power leasing sector continued to rise, with Jinji Co. hitting its upper limit.
09:54: The state-owned cloud sector saw renewed growth, with Meili Cloud hitting upper limits for the fourth time in six days.
09:49: The liquid cooling server sector saw gains, with Jialitu and Daiyuan Pump hitting upper limits.
09:48: Computing power leasing stocks showed strength, with Jialitu hitting its upper limit.
09:47: Storage chip stocks gained, with Chengbang Co. hitting its upper limit.
09:45: The Hang Seng Tech Index increased by 3%, while the Hang Seng Index rose over 2.1%.
09:44: WuXi AppTec stock reached its upper limit, with a trading volume exceeding 2.7 billion.
09:44: Baidu stock rose over 8%.
09:44: The ChiNext Index rose over 1%, with nearly 3300 stocks advancing.
09:40: CRO concept stocks rose, with WuXi AppTec increasing over 9%.
09:39: The storage chip sector saw gains, with Yongan Co. hitting its upper limit.
09:38: A-share dairy stocks were active, with Beiyinmei and Yangguang Dairy rising for three consecutive sessions.
09:35: Solid-state battery stocks rose sharply, with Shengyang Co. hitting its upper limit.
09:33: CRO concept stocks were active, with WuXi AppTec up over 6%.
09:32: Xiamen Port resumed trading and hit its upper limit.
09:32: High-voltage fast charging concept stocks were active, with multiple stocks hitting upper limits.
09:32: SMOORE International fell over 6% following a profit drop of more than 20%.
09:29: Charging pile concept stocks opened high, with both Aotexun and Jingquanhua hitting upper limits.
09:28: WuXi AppTec stock rose over 5% following a buyback announcement of 1 billion CNY.
09:27: The market opened with all three indices rising, with the ChiNext Index up 0.45%.
09:21: The Hang Seng Index opened up 2.21%, with the Hang Seng Tech Index rising 2.82%.
09:00: FTSE China A50 Index futures opened lower but are now up 0.72%.
09:00: Domestic futures contracts showed mixed results, with coke down over 1%.
