A-share market pre-market report | Both the US and Iran have released signals of easing conflicts! Global stock markets collectively soar and gold and silver rebound.

Pre-market headlines 1. Both the US and Iran released statements to ease tensions! Global assets rebound, US stocks, gold, and silver surge Type: Market Sentiment: Positive US stocks closed higher on Tuesday, with the Dow rising over 1100 points. Both the US and Iran released statements to ease tensions, with Trump stating that the conflict with Iran will end within two to three weeks. The Nasdaq rose by 3.83%, the Dow by 2.49%, and popular Chinese stocks also surged. Analysts point out that the ceasefire signals between the US and Iran boosted market sentiment, with the VIX fear index dropping by over 17%. Gold and silver surged, with spot gold rising over 3%, breaking $4700. The stock markets in Japan and South Korea opened significantly higher, with the Korean index rising over 5%. 2. Central Bank: Continued implementation of moderately loose monetary policy, increasing countercyclical and cross-cycle adjustment efforts Type: Macro Sentiment: Positive The monetary policy committee of the People's Bank of China held its first quarter meeting for 2026 (the 112th meeting) on March 26th. The meeting mentioned the need to continue implementing moderately loose monetary policy, increase countercyclical and cross-cycle adjustment efforts, better leverage the dual functions of monetary policy tools in terms of quantity and structure, strengthen coordination between monetary and fiscal policies, and promote economic stability and reasonable price increases. 3. Market rumors spread that fuel surcharges will increase 5 times, the latest: the notice has been canceled Type: Industry Sentiment: Neutral Colorful Guizhou Airlines had previously issued a notice to travel agents stating that domestic flight fuel surcharges would increase by 5 times on April 5th. For flights of 800 kilometers or less, the surcharge would go up from the current 10 yuan to 60 yuan, and for flights over 800 kilometers, it would increase from 20 yuan to 120 yuan. However, the airline later notified agents that the notice was canceled as the Civil Aviation Administration had withdrawn the previously released fuel information for April. 4. IPO queued companies halt listings, Changxin Technology and Blue Arrow Aerospace halt on the same day Type: Company Sentiment: Neutral Yesterday, the Shanghai Stock Exchange website showed that Blue Arrow Aerospace and Changxin Technology's Sci-Tech board IPOs were halted because the financial information recorded in their listing applications had expired and required submission of updated information. Investment banking professionals stated that the validity period for IPOs in the review process is 6 months for financial data, with an option to apply for a 3-month extension to update the financial data. Once the data is updated, the company's IPO process will proceed as normal. As of writing, a total of 56 companies' IPO applications had been halted for review by the Shanghai and Shenzhen Stock Exchanges. Investment Calendar - VAT export refund for products such as photovoltaics canceled Investment Tips Investment Tip: Stock market declines are as frequent as blizzards in Colorado in January. If you are prepared, they cannot hurt you. - Peter Lynch's "One Up On Wall Street" Institutional Views 1. Guosen: Recent adjustments are like thunderstorms in a bull market, the future remains optimistic, focus on three major clues. 2. Huajin Securities: A-shares may shake slightly stronger in April, slow bull trend remains unchanged, technology and cyclical styles may be relatively advantageous. 3. Orient: A short-term fluctuation range centered around 3900 points is forming, pay attention to rebound opportunities in industries such as electricity. Upcoming Market Factors 1. Zhang Xue Motorcycle Dual Championship ignites A-share motorcycle sector, terminal orders scheduled until May-July Type: Institutional analysis Huatai: The moment for the motorcycle industry to break the quality-price ratio deadlock has arrived, with Chinese motorcycle enterprises showing clear logic in increasing their overseas export market share and entering a high-growth period for exports. Following this, with increased efforts in cultural narrative, event promotions, and other soft power factors, brand recognition is expected to rapidly expand. 2. National Bureau of Statistics: Improving the low-altitude computing power supply system, strengthening algorithm research in the low-altitude field Type: Policy focus Guotai Haitong: In recent years, policies related to low-altitude economy have gradually become more detailed, and the industry is becoming more mature. With the continuous expansion of the industry, current supporting policies are becoming more comprehensive. Companies investing in related industrial chains have highlighted investment value. 3. Valuation exceeds 100 billion yuan! Commercial satellite unicorn Galaxy Aerospace initiates IPO consultation Type: Market discussion China Securities Co., Ltd.: Domestic commercial rocket companies' IPOs are steadily progressing, with Blue Arrow Aerospace, Galaxy Aerospace, Tianbing Technology, and other leading companies expected to list on the Sci-Tech board this year. For this sector, a triple resonance of policy, technology, and capital is expected, with the breakthrough in reusable rockets being a core bottleneck. Announcements Positive announcements 1. Midea Group Co., Ltd: Repurchased 1.3051 million shares on March 31st, spending approximately 100 million yuan 2. S.F. Holding: As of March 31st, repurchased 67.0432 million shares for 2.6 billion yuan 3. Huaxin Building Materials Group: First-quarter net profit is expected to increase by 126%-213% year-on-year Negative announcements 1. Jiangsu Yinhe Electronics: Subsidiary Tongzhi Electromechanical was convicted of offering bribes and fined 3 million yuan 2. Western Metal Materials: Controlling shareholder Northwest Nonferrous Metals Research Institute plans to reduce holdings of company shares by no more than 1% 3. ShenZhen HuiJie Group: Net profit in 2025 was 54.8165 million yuan, a 30.66% year-on-year decrease Overseas Markets Selected Brothers Tip: Both the US and Iran released statements to ease tensions, with the Nasdaq up 3.8%. On the market, technology stocks rebounded, energy stocks fell back, Meta rose by 6.67%, NVIDIA rose by 5.59%; popular Chinese stocks collectively rose, with NIO rising over 9% and iQIYI rising over 6%. This article is a reprint from "Tencent My Stocks", GMTEight edited by Chen Xiaoyi.