How to View the Recent Adjustment in the A-Share Market

WealthCoffee · 2026-03-24T00:26:10+00:00

On March 23, 2026, Asia-Pacific stock markets plummeted, with the Nikkei 225 index falling 3.48%, the KOSPI index declining 6.49%, major A-share indices declining sharply, and gold prices continuing to slide. This wave of market turbulence stemmed from escalating US-Iran tensions, with market concerns that rising oil prices could trigger global inflation and monetary tightening, leading to capital withdrawal from high-risk assets.

WealthCoffee

2026-03-24 00:26:10

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March 23, 2026, Asia-Pacific trading session, Japan and South Korea stock markets plummeted, A-shares also came under pressure, gold prices broke through multiple levels, and London gold temporarily fell to $4,098.25 per ounce. After opening sharply lower, Japan and South Korea stock markets continued to decline, with the Nikkei 225 down 3.48% and the KOSPI down 6.49%. Major Chinese A-share indices also fell sharply, with the Shanghai Composite dropping below 3,900 to 3,813.28, a daily decline of 3.63%, and the ChiNext Index down 3.49% to 3,235.22, essentially erasing all gains for the year.

The escalation of the US-Iran conflict has exceeded expectations and has had a significant impact on global asset prices, including gold, silver, crude oil, and stock markets. Market fluctuations have been driven by the evolving war situation. Concerns about high oil prices potentially triggering global inflation and monetary tightening have led to rapid capital outflows from stocks and other interest rate-sensitive risk assets. Meanwhile, gold, due to crowded long positions, has also been sold off as a risk asset.

Recommend accessing Caixin Database for real-time macroeconomic data, stocks, bonds, corporate profiles, and financial information.

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