The Shanghai Composite Index rose 1.3% to return to 3,900 points, with the power sector surging and the green energy concept leading the gains.

Everyday Economic News AI Express, March 25 — The market rebounded with volatility, with the Shanghai Composite Index rising over 1% to regain above 3,900 points. At the close, the Shanghai Composite increased by 1.3%, the Shenzhen Component Index rose by 1.95%, and the ChiNext Index gained 2.01%. The Sci-Tech Innovation Board Index increased by 1.77%, closing at 1,668.08 points. The combined trading volume of the Shanghai and Shenzhen markets was 2.18 trillion yuan, an increase of 97 billion yuan compared to the previous trading day.

In terms of sectors, the power sector surged, led by the green energy concept, with more than a dozen constituent stocks hitting the daily limit. China Power LiaoNeng hit the limit for 8 consecutive days, ShaoNeng Shares hit the limit 5 times in 6 days, and Guangdong Power A achieved 4 limit-ups in 6 days. The computing power leasing concept strengthened, with 263.com, AoruiDe, Litong Electronics, and Dawei Technology hitting the limit. The CPO concept was active, with Mingpu Optoelectronics, Alade, and Kechuan Technology hitting the limit. The optical fiber concept fluctuated and surged, with Tongding Interconnection hitting two consecutive limits, and Tefa Information reaching the daily limit.