Cailian Press, January 21, 2026 — The market opened lower but rallied in early trading, with the ChiNext Index rising 0.85% by midday, peaking over 1%. Total trading volume on the Shanghai and Shenzhen markets reached RMB 1.63 trillion, down RMB 216.9 billion from the previous session.
Market breadth: More than 2,900 stocks advanced, showing fast rotation of hot sectors.
Sector highlights:
- Precious metals continued their strong performance, with Hunan Silver hitting a second consecutive daily limit.
- Chip industry chain expanded gains, with Huada Technology, Loongson, Zhi Zheng Co., and over ten other stocks hitting the daily limit.
- Lithium mining rebounded, with Shengxin Lithium and Dazhong Mining hitting the daily limit.
Weak sectors:
- Consumer stocks fell collectively, led by liquor and hotel-tourism sectors.
- Coal sector declined, with Dayou Energy dropping nearly 8%.
Closing at midday:
- Shanghai Composite Index +0.16%
- Shenzhen Component Index +0.76%
- ChiNext Index +0.85%
