Has the market been de-sensitized as of March 30, 2026?

March 30, 2026, Monday.

Due to the escalation of the situation over the weekend and the resulting selloff in global markets, today’s A-shares opened lower at the call auction. Last week, Shandong Haihua opened higher and then after an initial leg down it rallied, so I chose to take profit and lock in gains. Earning a bit of money this month is really not easy.

What performed relatively strongly at the call auction were the metals-related names. On the news front, two major aluminum companies in the Middle East were attacked. I picked Yi Qiu Resources, Nanshan Aluminum, China Aluminum, Yunnan Aluminum, Huafeng Aluminum, and Jiaozuo Wanfa. Yi Qiu Resources went limit-up in a one-price order; the other stocks basically didn’t do much. Yunnan Aluminum even “controlled” me for almost a day.

In healthcare, agriculture, and coal, they moved higher. I picked Shaanxi Heimao, Nongfa Seed Industry, Fuci Pharmaceutical, Su Ken Agriculture, Guangxin Co., Ltd., and Yuegui Co., Ltd. In the agriculture segment, the news is mainly that conflicts have led to a shortage of fertilizers, and agriculture will also be affected. Still, subjectively I’m more inclined toward fertilizer or pesticide-related names—after all, food prices rising involves people’s livelihoods, and in our area it’s generally pretty hard. As for healthcare, I mainly look at its chemical-industry attributes. And today’s healthcare rally is mostly fermented due to innovative drug overseas expansion, which came in beyond expectations.

In the afternoon, there was also some performance in communications and commercial aerospace. I picked Yongding Shares, Fiberhome Communications, and Leike Defense. In the afternoon, Yongding, Nanshan Aluminum, and Yunnan Aluminum “controlled” for half a day, and in the end I chose to rest after 2:30.

Today was actually pretty messy. In the morning, some individual limit-up stocks still had projected year-on-year growth in Q1 earnings, which made me hesitate again when selecting stocks. In healthcare, metals, and agriculture—these few sectors all felt about the same strength, and there wasn’t anything truly outstanding, including the aluminum-related ones. I was really conflicted. In the morning, futures fell, and the aluminum sector still went through a round of divergence. After Yi Qiu Resources went on to explode after the limit-up, it left me even more confused. Even though it later reclosed to the limit, I still didn’t decisively sell back into the limit-up again. The key is that I honestly don’t really like it. The same goes for Yunnan Aluminum and others—I really just add them to my watchlist and then delete them, then add them back. In the end, I had a thought about Nanshan Aluminum hitting the limit-up, and after a brief consideration I decided to let it go.

Let’s see tomorrow!