Closing Review: The Shanghai Composite Index opened higher and closed higher, rising by 0.87%. The market had a good start, with over 4000 stocks in the entire market increasing.

On the first day after the holiday, the three major A-share indexes collectively rose. As of the close, the Shanghai Composite Index rose by 0.87%, the Shenzhen Component Index rose by 1.36%, the GEM Index rose by 0.99%, and the Beixinzun 50 Index rose by 0.37%. The total turnover of the three major markets in Shanghai, Shenzhen, and Beijing was 2.182 trillion yuan, an increase of 219.2 billion yuan from the previous day, with over 4,000 stocks rising. In terms of sector themes, oil and gas exploration and services, precious metals, diamond cultivation, glyphosate, fertilizers, coal mining and processing, fiber optics, power grid equipment, and port shipping sectors saw the largest gains; while the film and television industry, AI applications, computing power leasing, tourism and hotel, insurance, liquor, duty-free shops, and brain-machine interface sectors fell the most. On the market, geopolitical risks escalated again, the US-Iran confrontation helped push up oil prices, and the petroleum and natural gas sectors all rose sharply. More than 10 stocks such as Zhongman Petroleum and Intercontinental Oil and Gas hit the limit up. The diamond cultivation sector strengthened in the afternoon, with companies like Sifangda and World achieving a 20cm limit up during trading. Some institutions stated that diamonds perfectly meet the cooling needs of AI chips. The international phosphorus fertilizer price broke through $700 per ton, driving the continuous rise of the fertilizer sector. Companies like Luxi Chemical and Jinzhongda nearly 10 stocks hit limit up. In addition, non-ferrous metals, power grid equipment, and fiber optic concept stocks also rose significantly. On the other hand, the film and television industry sector collectively plunged, with companies like Enlight Media hitting a 20cm limit down. Stocks like Wanda Film, Hengdian Film and Television, and Shanghai Film also hit the limit down. According to data from the National Film Administration, the total box office for the 2026 Spring Festival reached 5.752 billion yuan, with a total of 120 million viewers. AI applications and computing power leasing performed weakly, with Daily Interaction and People's Daily Online experiencing the largest declines.