Lithium mining concept stocks have surged, with individual stocks hitting the daily limit. Previously, the Ministry of Mines and Mining Development of Zimbabwe issued an emergency statement announcing an immediate suspension of all raw ore and lithium concentrate exports.
On February 26, the A-shares experienced a volatile decline, with all three major indices falling in the morning session; the ChiNext Index dropped nearly 1%. Lithium extraction from salt lakes and lithium mining concept stocks surged, while sectors such as semiconductors and photovoltaics adjusted. The Hong Kong stock market fluctuated and retreated, with the Hang Seng Index down nearly 1%, and most tech stocks declining.
In the bond market, government bond futures collectively fell. In commodities, most domestic commodity futures rose, with lithium carbonate continuing to soar, rising over 5%. In the foreign exchange market, the offshore RMB broke through the 6.84 mark, reaching a high of 6.8384. Core market trends:
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A-shares: As of the time of writing, the Shanghai Composite Index fell by 0.23%, the Shenzhen Component Index fell by 0.35%, and the ChiNext Index fell by 1.14%.
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Hong Kong stocks: As of the time of writing, the Hang Seng Index fell by 0.08%, and the Hang Seng Tech Index fell by 0.96%.
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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 by 0.29%, the 10-year main contract fell by 0.10%, the 5-year main contract fell by 0.06%, and the 2-year main contract fell by 0.01%.
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Commodities: Most domestic commodity futures rose. As of the time of writing, lithium carbonate rose over 5%, tin rose by 4%, platinum, fuel oil, and ferrosilicon rose over 2%, silver rose over 1%, and stainless steel, rapeseed, aluminum, alumina, rebar, hot-rolled coils, soybean meal, copper, coke, rubber, eggs, iron ore, and gold also rose.
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09:57
The superhard materials concept has fluctuated and risen, with Huanghe Xuanfeng hitting the limit up twice in three days, SF Diamond rising over 10%, and LILIANG DIAMOND, Worldia, Boyun New Materials, and Huifeng Diamond following suit.
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In news, on February 23, Akash Systems announced the delivery of the world's first batch of NVIDIA GPU servers equipped with Diamond Cooling technology to the Indian sovereign cloud service provider NxtGen AI Pvt Ltd. This batch of products is based on the NVIDIA H200 platform and marks the world's first application of &#34;diamond thermal conductivity technology&#34; in commercial AI server systems, achieving an innovative breakthrough at the material level
09:43
The offshore RMB against the US dollar rose more than 100 points during the day, approaching the 6.84 yuan mark, with a peak of 6.8421 yuan.
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09:40
The power sector was active in the morning session, with green energy leading the gains. Ganneng Co., Ltd. had two consecutive limit-ups, while FUNENG CO.,LTD., DHEP, MEP, NYOCOR Co., Ltd., and CSG Energy followed suit.
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In terms of news, the National Energy Administration recently released the 2025 renewable energy grid connection operation situation, indicating that by 2025, the newly installed capacity of renewable energy generation nationwide will reach 452 million kilowatts, a year-on-year increase of 21%, accounting for 83% of the newly installed capacity of national power.
09:37
The ChiNext Index fell over 1%. Sectors such as photovoltaics, real estate, and fiberglass saw significant declines, with nearly 2,900 stocks in the Shanghai, Shenzhen, and Beijing markets dropping.
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09:28
Lithium mining stocks led the gains at the opening, with Jinyuan Co., Ltd. hitting the daily limit, and Keli Yuan, Jiangte Electric, Dazhong Mining, Rongjie Co., Ltd., Guocheng Mining, and Tianhua New Energy rising over 6%.
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09:26
The Shanghai Composite Index opened up 0.09%, while the ChiNext Index fell 0.24%. Non-ferrous metals, chemicals, and steel led the gains, while stablecoins, servers, and CPO concept stocks were active; oil and gas, photovoltaics, and satellite navigation themes weakened.
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09:21
The Hang Seng Index opened up 0.95%, and the Hang Seng Technology Index rose 0.46%. Tianqi Lithium Industries rose over 6%, and Ganfeng Lithium rose over 5%.
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09:01
Commodity futures opened, with the main contract for lithium carbonate rising over 11%, Shanghai tin rising over 5%, platinum and Shanghai silver rising over 2%, and fuel oil, aluminum alloy, liquefied gas, and Shanghai aluminum rising over 1%. The European shipping index fell over 3%

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The superhard materials concept fluctuated and rose sharply, with HHWW achieving 2 limit-ups in 3 days, SF Diamond rising over 10%, and LILIANG DIAMOND, Worldia, Boyun New Materials, and Huifeng Diamond following suit. In the morning session, the power sector was active, with green energy leading the rise, JXGNCL achieving 2 consecutive limit-ups, and FUNENG CO.,LTD., DHEP, MEP, NYOCOR Co., Ltd., and CSG Energy also rising

- On February 26, A-shares experienced a downturn amidst the suspension of all raw and spodumene exports by Zimbabwe’s Ministry of Mines.  
- Lithium-related stocks surged, with a notable spike in lithium carbonate prices, reflecting strong market activity despite overall index declines.  
- In contrast, the bond market saw declines, with government bond futures collectively dropping, while commodity futures predominantly rose, particularly for lithium and other materials.

Wallstreetcn

FUNENG CO.,LTD.

SF Diamond

JXGNCL

Worldia

Boyun New Materials

NYOCOR Co., Ltd.

LILIANG DIAMOND

HHWW

CSG Energy

DHEP

MEITUAN

The ChiNext Index fell over 1%, lithium mining stocks experienced a surge in limit-up trading, the RMB broke through the 6.84 mark, the Hang Seng Index fell nearly 1%, and tech stocks broadly declined