# Guodian Nanzi

A‑share Rally Fizzles as Breadth Weakens — Compute‑Power and Grid Equipment Lead Narrow Gains

China’s markets ended lower on March 9 despite a late rebound, with heavy trading but weak breadth. Compute‑power leasing and power‑grid equipment stocks led gains while ports, shipping and oil‑and‑gas names lagged, underscoring a narrow, policy‑driven rally amid uneven economic signals.