China News Service, March 10 (Reporter Xie Yiguan) After experiencing the weakness in the previous days, the global stock market finally took a breath and started a violent rebound mode.

　　On March 10, A-shares changed from yesterday's decline. The three major stock indexes opened higher collectively. The Shanghai index rose by more than 2%, and the Shenzhen Component Index and the ChiNext Index rose by more than 3%.

As of the close, the Shanghai Composite Index rose 1.22% to 3296.09 points; the Shenzhen Component Index rose 2.18% to 12370.95 points; the ChiNext Index rose 2.67% to 2635.19 points.

Shanghai index daily K chart.

　　Nearly 3,600 stocks rose in Shanghai and Shenzhen. On the disk, chemical fiber, daily chemicals, medicine, electrical equipment and other sectors were among the top gainers.

The pharmaceutical sector even hit the daily limit, with more than ten related stocks including Guangshengtang, Hehua, and Panlong Pharmaceuticals closing their daily limit.

　　Leading stocks rose strongly, Rongsheng Petrochemical rose by the daily limit, WuXi PharmaTech rose more than 9%, Ping An Bank rose more than 5%, and CATL rose more than 3%.

　　After Kweichow Moutai rarely announced the main operating data from January to February, a number of A-share listed companies have recently begun to disclose monthly operating data, including WuXi PharmaTech, Bloomage Bio, and Shanghai Silicon Industry.

　　In addition to A shares, other markets in the Asia-Pacific region were also booming on the 10th.

　　The Nikkei rose nearly 4 percent, while the Korean Kospi rose more than 2 percent.

In terms of Hong Kong stocks, as of press time, the three major stock indexes maintained their upward trend.

In early trading, the Hang Seng Index and China Enterprises Index rose by more than 2%, and the Hang Seng Technology Index rose by more than 4%.

　　European and American stock markets also ushered in a strong rebound overnight.

Germany's DAX30 index rose 7.92%, France's CAC40 index rose 7.13%, and the UK's FTSE 100 index rose 3.25%.

The Dow rose 2%, the Nasdaq rose 3.59%, and the S&P 500 rose 2.57%.

　　According to Hu Guopeng, an analyst at Guohai Securities, the current market risk aversion has eased, but a sustained rebound requires a significant drop in upstream commodity prices to further ease concerns about stagflation.

　　"Under multiple uncertainties, we predict that the market may still be dominated by the volatile structural market in the short term," said Ma Wenyu, an analyst at Shanxi Securities. Currently, it is recommended to focus on commodity sectors that are expected to benefit from the inflation trend. But at the same time, it is also necessary to consider whether the specific target has fully fulfilled the expectation of price increase. In addition, it is recommended to focus on the targets with both defensiveness and valuation repair potential in the market value and the growth of the market, and wait for the boom to return.

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