A-share market review | A-shares hit bottom and rebound, with the Shanghai Composite Index falling slightly by 0.01%, mining stocks collectively strengthening.

On February 26, the market hit bottom and rebounded throughout the day, with the three major indexes showing mixed results. By the close, the Shanghai Composite Index fell by 0.01%, the Shenzhen Component Index rose by 0.19%, and the ChiNext Index fell by 0.29%. The trading volume in the Shanghai and Shenzhen markets was 2.54 trillion yuan, an increase of 75.9 billion yuan from the previous trading day. On the market front, Nvidia's explosive performance drove the computing power sector higher, with computing hardware stocks continuing to be active. Fiber optic cables, optical modules, PCBs, liquid-cooled servers, and other sectors collectively strengthened. Multiple stocks such as Delton Technology, Sichuan Crun, Jiangsu Fasten, and Shennan Circuits hit the daily limit. The computing power leasing concept was strong throughout the day, with Guangdong Aofei Data Technology and Beijing Teamsun Technology hitting the daily limit or rising by over 10%. The computing power chip concept strengthened in the afternoon, with Habenrikki rising by over 10%. Power grid equipment and power stocks fluctuated higher, with Jiangsu Shemar Electric and DaTang HuaYin Electric Power hitting the daily limit. The commercial aerospace concept continued to rise, with Shaanxi Aerospace Power Hi-tech hitting the daily limit. The non-ferrous metal sector continued to be strong, with Chongyi Zhangyuan Tungsten and Yunnan Lincang Xinyuan Germanium Industry hitting the daily limit. Dyes and chemical stocks were actively trading, with Kingenta Ecological Engineering Group and Zhejiang Hisoar Pharmaceutical hitting the daily limit. Lithium mining stocks led the gains at the start of trading, with Jinyuan EP Co.,Ltd. hitting the daily limit. On the downside, the film and television and real estate stocks continued to adjust, with Bona Film Group hitting the daily limit. Oilfield services weakened, with Sinopec Oilfield Service Corporation and Zhongman Petroleum And Natural Gas Group Corp., Ltd. falling by over 3%. Insurance stocks also weakened, with China Pacific Insurance leading the declines. Most energy storage stocks trended lower, with Delong Composite Energy Group hitting the daily limit and Guangzhou Great Power Energy and Technology nearing the daily limit. Additionally, coal, tourism and hotel, liquor, and retail stocks showed weaker performance. Looking ahead, several foreign institutional investors are generally optimistic, believing that the A-share market has entered a new phase of "slow bull" and the market drivers are undergoing a profound transformation. Opportunities include the return of technology growth as AI anxiety emotions are fully priced in and the expectations of US stimulus measures reignite.