A-share oil and gas stocks surged, with the &#34;three major oil companies&#34; experiencing significant gains. Previously, the Wall Street Journal article pointed out that due to disruptions in shipping through the Strait of Hormuz and production cuts by major oil-producing countries in the Middle East, WTI crude oil once rose by 22% to break through $110.
On March 9, A-shares opened lower across the board, with the three major indices all declining in the morning session. The Shanghai Composite Index fell over 1%, the ChiNext Index dropped over 3%, while oil and gas stocks surged, and sectors like coal and gas rose. Conversely, the telecommunications equipment and electronic components sectors saw significant declines, with concept stocks like CPO and PCB collectively falling.
Hong Kong stocks also opened significantly lower, with the Hang Seng Index and the Hang Seng Tech Index both plummeting in the morning session. The Hang Seng Tech Index briefly fell nearly 4% before recovering somewhat. Tech stocks generally declined, with Baidu down 5%. The oil and petrochemical and coal sectors rose against the trend.
In the bond market, government bond futures generally fell, with the 30-year main contract initially dropping nearly 1%. In commodities, domestic commodity futures rose broadly, with the shipping index, crude oil, and fuel all hitting the daily limit. The core market trends are as follows:
<blockquote>
A-shares: As of the time of writing, the Shanghai Composite Index fell 1.37%, the Shenzhen Component Index fell 2.75%, and the ChiNext Index fell 3.08%.
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Hong Kong stocks: As of the time of writing, the Hang Seng Index fell 3.14%, and the Hang Seng Tech Index fell 2.91%.
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Bond market: Government bond futures fell across the board. As of the time of writing, the 30-year main contract fell 0.93%, the 10-year main contract fell 0.20%, the 5-year main contract fell 0.13%, and the 2-year main contract fell 0.04%.
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Commodities: Domestic commodity futures rose broadly. As of the time of writing, the shipping index, crude oil, and fuel hit the daily limit, while rapeseed and caustic soda also hit the daily limit. Asphalt and glass rose over 8%, coking coal, coke, and alumina rose over 7%, soybean meal rose 6%, Shanghai aluminum rose over 3%, and manganese silicon, pulp, industrial silicon, and rubber rose over 2%. Hot-rolled coils, rebar, and polysilicon also increased, while Shanghai tin, platinum, and palladium saw significant declines.
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</blockquote>
10:07
The power sector rose against the trend, with Silver Star Energy achieving two limit-ups in four days, and Min Dong Power, Hua Yin Power, Leshan Power, and Fuling Power following suit
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In terms of news, Zheng Zhanjie, director of the National Development and Reform Commission, stated that during the 14th Five-Year Plan period, a number of strategic projects will be implemented with a long-term layout in mind. For example, advancing a series of major energy projects with investments exceeding one trillion yuan, such as hydropower in the lower reaches of the Yarlung Tsangpo River and offshore wind power bases.
09:57
The Shenzhen Component Index fell over 3%, and the ChiNext Index dropped 3.40%. Sectors such as computing hardware, semiconductor chips, non-ferrous metals, airport shipping, and consumer electronics saw significant declines, with nearly 4,700 stocks in the Shanghai, Shenzhen, and Beijing markets falling.
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09:54
CPO concept stocks collectively declined, with Robotech and Dekoli both falling over 10%. Guangku Technology, Cambridge Technology, Changxin Bochuang, Fenghuo Communication, Taicheng Light, Xinyi Sheng, and Zhongji Xuchuang also followed suit.
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09:48
In the early trading session, the agricultural sector rose against the trend, with YKA rising over 10%. Previously, COFCO TECH hit the daily limit, and Jin Jian Rice Industry, Dunhuang Seed Industry, Kangnong Seed Industry, Qiule Seed Industry, and Longping High-Tech also saw gains.
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In terms of news, domestic agricultural product futures rose across the board, with the main contract for rapeseed oil hitting the daily limit, and the main contracts for soybean meal, soybeans, and soybean oil also reaching the daily limit.
09:41
In the early trading session, the OpenClaw concept was active against the trend, with Youkede hitting the daily limit of 20cm. Previously, Ningbo Construction had two consecutive limit-ups, and Hand Information, Qingyun Technology, Loongson Technology, and Lakala also surged.
In terms of news, OpenClaw, released just over four months ago, has created the fastest record for reaching the top of GitHub stars—surpassing Linux with over 248,000 GitHub stars, making it the most popular open-source project on the GitHub platform.
09:37
China's 30-year Treasury futures fell by 0.8%, marking the largest decline since 2026.
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The ChiNext Index fell over 3%.
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09:31
The decline in government bond futures has widened, with the 30-year main contract down 0.45%, the 10-year main contract down 0.14%, the 5-year main contract down 0.08%, and the 2-year main contract down 0.02%.
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09:28
A-shares in the oil and gas resource sector opened higher collectively, with Guanghui Energy, Shandong Molong, Zhun Oil, Sinopec Oilfield Service, and CNOOC hitting the daily limit, Tongyuan Petroleum rising over 15%, Tianhao Energy, Deshi Co., and Xinjing Power rising over 10%, while Beiken Energy, PetroChina, CNOOC Development, Haimer Technology, and Sinopec followed suit.
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09:26
The Shanghai Composite Index opened down 0.62%, and the ChiNext Index fell 2.37%. Sectors such as photovoltaics, semiconductors, computing hardware, consumer electronics, commercial aerospace, robotics, and AI applications saw significant declines. Oil and gas stocks surged, with CNOOC and several other stocks hitting the daily limit; coal and shipping stocks also performed well.
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09:21
The Hang Seng Index opened down 2.65%, and the Hang Seng Tech Index fell 3.79%.
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Oil stocks surged, with China National Offshore Oil Corporation rising over 8% and PetroChina rising over 7%. Tech stocks fell broadly, with Hua Hong Semiconductor and Baidu Group down over 6%, and JD Health, Bilibili, and Kuaishou down over 5%.
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09:01
Commodity futures opened, with shipping European routes, crude oil, fuel oil, LU fuel oil, pure benzene, styrene, asphalt, BR rubber, liquefied gas, ethylene glycol, paraxylene, PTA, palm oil, and plastic main contracts hitting the daily limit. Platinum, palladium, and lithium carbonate fell over 5%, while Shanghai tin and silver fell over 3%, and Shanghai gold fell over 1%.
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600938

601857

600028

300999

000930

159309

516570

563150

561360

159731

In the early trading session, the agriculture sector rose against the trend, with YKA up over 10%. Previously, COFCO TECH hit the daily limit, and Jin Jian Rice Industry, Dunhuang Seed Industry, Kangnong Seed Industry, Qiule Seed Industry, and Longping High-Tech also followed suit. The CPO concept collectively declined, with Robotech and Dekoli both falling over 10%, and Guangku Technology, Cambridge Technology, Changxin Bochuang, Fenghuo Communication, Taicheng Light, New Yisheng, and Zhongji Xuchuang also dropping

- A-shares experienced a surge in oil and gas stocks, with major increases in the "three barrels of oil" due to disruptions in the Strait of Hormuz and production cuts by key Middle Eastern oil countries, resulting in WTI crude oil exceeding 110 USD.  
- On March 9, A-shares opened lower overall, while commodity futures saw broad increases, particularly in transportation indices and energy products like crude and fuel oil.  
- The bond market faced declines, with the 30-year treasury futures down nearly 1%, as various sectors such as tech and consumer electronics recorded significant losses.

Wallstreetcn

CNOOC

PETROCHINA

Sinopec Corp.

COFCO TECH

China Universal CSI Oil & Gas Resources ETF

E Fund CSI Petrochemical Industry ETF

Yinhua CSI Oil & Gas Resources ETF

Guotai CSI Oil & Gas Industry ETF

ChinaAMC CSI Petrochemical Industry ETF

The Shanghai Composite Index fell over 1%, oil and gas stocks surged, the "three major oil companies" rose sharply, computing hardware collectively adjusted, "Yi Zhongtian" plummeted, the Hang Seng Index fell nearly 3%, and tech stocks broadly declined