Just now! 600396, a strong 8 consecutive limit-up! The green energy sector is experiencing a collective unusual movement!

On March 25, the three major A-share indices opened higher across the board. In the market, indices for non-ferrous metals, AI applications, semiconductors, consumer electronics, and nuclear fusion led the gains. Oil and gas, coal, and photovoltaic sectors weakened.

Hong Kong stocks saw the Hang Seng Index and Hang Seng Tech Index rise nearly 1%. Longfei Fiber Optic Cable surged nearly 8%, Nongfu Spring gained over 6%, Lao Pu Gold rose more than 5%, Mixue Group increased over 3%, Pop Mart rose close to 3%, Alibaba, Meituan, and others gained over 1%.

Huadian Liaoning Power Hits Limit Up for 8 Consecutive Days

Huadian Liaoning Power (600396) hit the limit up, marking 8 consecutive limit-ups, with a total increase of over 110% in 8 days.

Huadian Liaoning Power announced an abnormal trading fluctuation late yesterday. From March 11 to March 24, the stock price increased by a total of 95.36% over 10 trading days. The short-term rise was significant and deviated sharply from the Shanghai Composite Index and the industry index for power and heat production and supply. Since March 20, 2026, the turnover rates over the past three days were 26.74%, 11.43%, and 16.07%, indicating high trading risk and the potential for sharp short-term declines. Investors face considerable trading risks.

The green energy sector, to which Huadian Liaoning Power belongs, has been active recently. On March 23, the National Data Bureau stated that it will work with relevant departments to vigorously promote the computing power coordination project, ensuring that the proportion of green electricity used in new computing infrastructure at key nodes exceeds 80%, maximizing the support role of green power.

Lithium Mining Concept Continues Strong

Lithium mining concepts remain strong, with Rongjie Shares hitting two consecutive limit-ups, and Tibet Urban Investment, Huayou Cobalt, Tibet Mining, Tianqi Lithium, and others following suit.

On the news front, the main contract for lithium carbonate on the China Futures Exchange broke through 160,000 yuan/ton today, up over 5%. Zimbabwe’s lithium export ban has lasted nearly a month with no indication of easing, likely exceeding market expectations. The impact of Zimbabwe’s export policy adjustments, expected to continue for about a month from late February, remains ongoing.

Precious metals performed actively. As of the report, Xiaocheng Technology rose nearly 10%, with Hunan Silver, Industrial Silver & Tin, Shengda Resources, Chifeng Gold, Shanjin International, and Shandong Gold also gaining. Spot gold prices increased by up to 2% during the day.

The CPO (Crude Palm Oil) concept also rose, with Mingpu Optoelectronics, Zhilifang, Liante Technology, Juguang Technology, Changxin Bochuang, and Deke Li among the top gainers.

Hong Kong Optical Communication Stocks Strengthen

Hong Kong optical communication stocks gained strength. As of the report, Longfei Fiber Optic Cable surged nearly 8%, with Cambridge Technology and HuiJu Technology also showing notable gains.

According to reports, China Information Technology Group’s Optical Communication Technology and Network National Key Laboratory, in collaboration with Pengcheng Laboratory and Fenghuo Tengcang Optical Fiber Technology Co., Ltd., achieved important technological breakthroughs in ultra-large capacity real-time optical transmission. For the first time, they realized 2.5 petabits per second (Pb/s) real-time bidirectional transmission over 10.3 kilometers of 24-core single-mode fiber.

Nongfu Spring rose over 6%. On March 24, Nongfu Spring announced its fiscal year 2025 results, with revenue reaching 52.553 billion yuan, surpassing 50 billion yuan for the first time, a 22.5% year-on-year increase. The net profit attributable to the parent company was 15.868 billion yuan, up 30.9% from 2024.

Lao Pu Gold rose over 5%. On the news front, Lao Pu Gold released its 2025 annual performance report, showing revenue of 27.303 billion yuan, up 221.0% year-on-year; net profit attributable to owners was 4.868 billion yuan, up 230.5%; gross profit increased by 193.4% to approximately 10.274 billion yuan.

Proofreader: Yang Lilin