603538, 6 days with 5 limit-ups! Multiple sectors in the A-share market are showing unusual movements! The Korean stock market plummeted!

On March 27, the South Korean stock market plummeted. The three major A-share indexes opened lower but then rebounded; as of the time of publication, the Shanghai Composite Index has turned positive. On the market, sectors such as chemicals and computing power leasing showed unusual movements, with many stocks rising against the trend.

Chemical Sector Active

At the beginning of trading, the chemical sector was active against the trend, with Sulih Co., Lubek Chemical, and Jinzhengda hitting the daily limit, Shandong Haihua reaching the daily limit, and LuHua Technology, Ando A, Chitianhua, and others following suit.

On the news front, international crude oil prices have been continuously rising, driving the overall increase of the chemical sector. Public data shows that the methanol price in the Southwest market is around 2820-3070 yuan/ton, an increase of 825 yuan/ton compared to the end of February, with a growth rate of 38.9%, hitting a new high in nearly three years.

The power sector saw localized fluctuations, with Jinkong Electric and Guangxi Energy hitting the daily limit, while Shenzhen Electric A, YN Energy Holdings, Huaneng Liaoning Energy, and Dongfang Xinneng rose.

On the news front, the National Energy Administration released national power statistics for January and February 2026. By the end of February, the total installed power generation capacity nationwide was 3.95 billion kilowatts, a year-on-year increase of 15.9%.

Computing Power Leasing Sector Fluctuations

The computing power leasing concept saw localized fluctuations, with GuiGuang Network hitting the daily limit, and Guangdian Network and AoruiDe nearing the daily limit, while KeChuang Information, Qunxing Toys, and Guanghuan New Network surged.

On the news front, on March 26, the construction of the China Computing Power Platform (Guizhou) was launched in Guiyang. Representatives from the Guizhou Provincial Communication Administration, the China Academy of Information and Communications Technology, local basic telecommunications enterprises, and related internet data center companies participated in the launch of the construction work.

The innovative drug concept performed actively, with Lianhuan Pharmaceutical hitting the daily limit, Meinuohua (603538) achieving 5 boards in 6 days, and Jinkaishengke, Haichuang Pharmaceutical, Kexing Pharmaceutical, Dezhan Health, and Wanbangde following suit.

On the news front, Lianhuan Pharmaceutical announced that its holding subsidiary recently received the “Drug Supplement Application Approval Notice” for Nicardipine Tablets issued by the National Medical Products Administration.

The military industry sector saw a surge, with JianShe Industry achieving 2 boards in 4 days, while Beifang Changlong, Great Wall Military Industry, Jieqiang Equipment, Inner Mongolia First Machine, and Guoke Military Industry also rose.

Institutional research reports believe that during the “15th Five-Year Plan” period, the new combat effectiveness as a clear development direction will lead to rapid developments in weaponry towards intelligence, precision, and collaboration, creating structural incremental demand and prompting a new round of production expansion cycle for companies, providing guidance for the long-term growth of the sector.

Hong Kong Stock Wei Long Delicious Drops Nearly 7%

Wei Long Delicious dropped nearly 7%.

On March 27, Wei Long Delicious disclosed its performance for 2025: achieving an annual income of 7.224 billion yuan, a year-on-year increase of 15.3%; gross profit margin of 48.0%, slightly down by 0.1 percentage points compared to the previous year; net profit of 1.427 billion yuan, an increase of 33.6% compared to the previous year.

In 2025, Wei Long’s revenue from flavored noodle products decreased by 4.3% from the previous year’s 2.667 billion yuan to 2.554 billion yuan, mainly due to the group’s proactive resource allocation adjustments that optimized the product matrix. The proportion of revenue from flavored noodle products dropped from 42.6% in 2024 to 35.3% (the proportion was 52.33% in 2023), while the proportion of revenue from vegetable products increased from 53.8% to 62.4%.

Pop Mart stabilized after two consecutive days of sharp declines, briefly rising nearly 4% at the opening, and as of the time of publication, the increase narrowed to about 2%.

On March 26, Pop Mart announced that it would spend 599 million Hong Kong dollars to repurchase 3.94 million shares, with a repurchase price range of 148.4-157.8 Hong Kong dollars per share.

On March 25, Pop Mart’s latest financial report showed that in 2025, the group achieved revenue of 37.12 billion yuan, a year-on-year increase of 184.7%; net profit reached 13.01 billion yuan, a year-on-year increase of 293.3%. Among them, LABUBU’s explosive popularity made plush products the largest category, with a single IP contributing over 38% of revenue. After the annual report was released, Pop Mart’s stock price briefly plummeted over 20%.

Proofread by: Zhu Tianting