March 10, 2026, Rebound Day!

March 10, 2026, Tuesday.

Last night, the market surged significantly, with the news suggesting that recent geopolitical conflicts may be coming to an end. Based on this expectation, the A-shares should generally perform well today.

Yesterday, Zhengtai Electric’s performance was not great, but with a positive market outlook today, I made some adjustments, and I exited some small positions.

Today, the strongest sectors in the bidding were AI hardware and semiconductor chips, mainly related to the broader technology sector (which has been hit hard recently).

I selected Yongding Shares, Pengding Holdings, Jingwang Electronics, 360 Security, Industrial Fulian, Changdian Technology, Shen Technology, Taiji Industrial, Shengyi Technology, FiberHome Communications, Tiantong Shares, and Huazheng New Materials. During the early trading session, software-related stocks showed some strength, and I also picked AI software-related sectors like 360 Security. However, the gains were short-lived; 360 Security later pulled back as the sector weakened.

Despite the overall increase in volume and gains today, the market’s performance in the morning was somewhat below expectations. Most stocks gained a little, but few hit the daily limit. Many stocks hovered around 6-8% gains, mainly missing out on opportunities like Tiantong, which repeatedly hit the limit up but couldn’t break through again. Many promising stocks, like Yongding Shares, showed little movement in the morning. Most attention was on FiberHome Communications, which only gained momentum in the afternoon, leading to a surge in that stock.

Overall, this month’s market trend has been extremely unpredictable, with movements that are hard to understand. Many reasons have been discussed, but I personally think the main factor is that the 4200-point level didn’t break suddenly. The market has taken a breather due to geopolitical issues, even though there was no real reason for a correction initially. The 4200 level couldn’t be surpassed, and now it’s just using the geopolitical situation as an excuse for a pullback. In fact, if it weren’t for that, geopolitical issues wouldn’t matter much to us; instead, they might even be a positive for us by dragging the US down.

This market situation really calls for taking one step at a time. Even if today’s rally continues tomorrow with another big surge, there’s little we can do about it.

Let’s see what tomorrow brings!