--- title: "On the first trading day after the holiday, the A-shares opened with a good start, with all three major indices rising collectively. Oil and gas, as well as precious metals, saw a surge in limit-up trading, while Hong Kong stocks plummeted, with the Hang Seng Index falling over 2%, and tech stocks declined" description: "A-share film and television stocks plummeted in the morning, with Enlight Media, BONA, CFG, HENGDIAN ENTERTAINMENT, and Jinyi Media hitting the daily limit down. SFC and WANDA FILM approached the dail" type: "news" locale: "en" url: "https://longbridge.com/en/news/276671275.md" published_at: "2026-02-24T08:46:48.000Z" --- # On the first trading day after the holiday, the A-shares opened with a good start, with all three major indices rising collectively. Oil and gas, as well as precious metals, saw a surge in limit-up trading, while Hong Kong stocks plummeted, with the Hang Seng Index falling over 2%, and tech stocks declined > A-share film and television stocks plummeted in the morning, with Enlight Media, BONA, CFG, HENGDIAN ENTERTAINMENT, and Jinyi Media hitting the daily limit down. SFC and WANDA FILM approached the daily limit down, while OMNIJOI fell over 15%. The chemical sector continued to rise during the session, with good performance in phosphorus chemicals and pesticides. Kingenta, HBC, JINNIU CHEMICAL, Chengxing Holdings, and Jinpu Titanium Industry hit the daily limit up, while Chuanfa Longmang, Yuntianhua, Yuntu Holdings, and Hubei Yihua had significant gains On February 24th, the A-shares opened high in the morning, with the three major indices fluctuating and rising initially. The oil and gas, precious metals, and other sectors surged, while computing hardware stocks were active, and film and television stocks generally declined. The Hong Kong stock market opened lower and continued to fall, with the Hang Seng Technology Index dropping over 2%, and tech stocks across the board plummeting. In the bond market, government bond futures all rose. In terms of commodities, most domestic commodity futures rose, with Shanghai silver soaring over 10%. Core market trends: > **A-shares**: As of the time of writing, the Shanghai Composite Index rose 0.76%, the Shenzhen Component Index rose 1.24%, and the ChiNext Index rose 1.01%. > > > > **Hong Kong stocks**: As of the time of writing, the Hang Seng Index fell 1.82%, and the Hang Seng Technology Index fell 2.50%. > > > > **Bond market**: As of the time of writing, the 30-year main contract rose 0.27%, the 10-year main contract rose 0.09%, the 5-year main contract rose 0.12%, and the 2-year main contract rose 0.03%. > > > > **Commodities**: As of the time of writing, Shanghai silver rose over 10%, the shipping index rose over 10%, lithium carbonate rose 7%, palladium and platinum rose over 4%, Shanghai gold, fuel oil, asphalt, and rubber rose over 3%, and pulp, stainless steel, Shanghai tin, and Shanghai aluminum rose over 1%. > > **10:07** The chemical sector continued to rise during the session, with phosphorus chemicals and pesticides performing well. Kingenta, HBC, JINNIU CHEMICAL, Chengxing Shares, and Jinchuan Titanium Industry hit the daily limit, while Chuanfa Longmang, Yuntianhua, Yuntu Holdings, and Hubei Yihua saw significant gains. In terms of news, on February 18, 2026, the United States announced that phosphorus and glyphosate would be listed as strategic resources. In addition, the bidding price for urea in India has reached a new high, with CFR prices of $512/ton on the East Coast and $508/ton on the West Coast, an increase of about $85/ton compared to January's bidding, equivalent to approximately 3,500 RMB/ton. **09:41** Oil and gas stocks surged across the board, with Tongyuan Petroleum, Zhun Oil Co., Zhongman Petroleum, Shandong Molong, and Intercontinental Oil & Gas all hitting the daily limit **09:39** A-share film and television stocks plummeted in the morning, with Enlight Media, BONA, CFG, HENGDIAN ENTERTAINMENT, and Jinyi Media hitting the daily limit down, SFC and WANDA FILM approaching the daily limit down, and OMNIJOI dropping over 15%. **09:37** China Duty Free Group hit the daily limit down, with a transaction volume exceeding 2 billion yuan. **09:34** The Hang Seng Tech Index fell 2% during the day, with Kingdee International dropping over 8% and Tencent Music falling over 4%. **09:26** The Shanghai Composite Index opened up 1.15%, and the ChiNext Index rose 1.7%. Gold and oil sectors led the gains, with Yush Robot, energy metals, CPO, ultra-high voltage, consumer electronics, and semiconductor concept stocks active; duty-free shops, short drama games, and seedance themes weakened. **09:21** The Hang Seng Index opened down 0.62%, and the Hang Seng Tech Index fell 1.02%. Most tech stocks declined, with Tencent Music down over 3%, Bilibili down over 2%, and SMIC, Baidu Group, and Alibaba among the top decliners. ### Related Stocks - [001330.CN - BONA](https://longbridge.com/en/quote/001330.CN.md) - [603103.CN - HENGDIAN ENTERTAINMENT](https://longbridge.com/en/quote/603103.CN.md) - [601595.CN - SFC](https://longbridge.com/en/quote/601595.CN.md) - [002470.CN - Kingenta](https://longbridge.com/en/quote/002470.CN.md) - [600722.CN - JINNIU CHEMICAL](https://longbridge.com/en/quote/600722.CN.md) - [002739.CN - WANDA FILM](https://longbridge.com/en/quote/002739.CN.md) - [300251.CN - Enlight Media](https://longbridge.com/en/quote/300251.CN.md) - [600977.CN - CFG](https://longbridge.com/en/quote/600977.CN.md) - [002905.CN - Jinyi Media](https://longbridge.com/en/quote/002905.CN.md) - [603077.CN - HBC](https://longbridge.com/en/quote/603077.CN.md) --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.