Morning Review: ChiNext Index drops over 1% in the first half of the day, computing power leasing concept surges against the trend

Everyday Economic News AI Express, February 27 — The market experienced early morning fluctuations, with the Shanghai Composite Index turning red again and the ChiNext Index dropping over 1%. The yellow and white lines showed clear divergence. The combined half-day trading volume of the Shanghai and Shenzhen markets was 1.59 trillion yuan, down 53 billion yuan from the previous trading day. Hotspots rotated quickly across the market, with over 2,900 stocks declining.

From a sector perspective, the computing power leasing concept surged collectively, with Huasheng Tiancheng hitting the limit up three times in five days, and Tuo Wei Information, Litong Electronics, and Chengdi Xiangjiang hitting the daily limit. The non-ferrous metals sector remained active, with Zhangyuan Tungsten achieving five limit-ups in seven days, and Xianglu Tungsten and Zhongxi Rare Metals hitting the limit. AI programming concepts strengthened, with Jindai Modern and Puyuan Information both hitting the 20% daily limit. The space photovoltaic concept rebounded with volatility, with Junda Shares hitting the limit up.

On the downside, the electronic fabric concept continued to adjust, with Honghe Technology hitting the limit down. By the close, the Shanghai Composite Index fell 0.17%, the Shenzhen Component Index dropped 0.68%, and the ChiNext Index declined 1.46%.