The three major A-share indices of Shanghai and Shenzhen opened higher by 0.3%-1.1%, with the three major oil companies and oil and gas stocks declining, while gold stocks continued to rise

AASTOCKS
2026.03.25 01:31

U.S. President Trump claims to have discussed 15 key points with Iran regarding the end of hostilities, believing that an agreement can be reached soon. The central parity rate of the RMB against the USD is reported at 6.8911, an increase of 32 points from the previous day.

The People's Bank of China today (25th) conducted a 7-day reverse repurchase operation of 78.5 billion yuan (the same below) in the open market, with the operation rate remaining at 1.4%. Today, 20.5 billion yuan of reverse repos are maturing, resulting in a net injection of 58 billion yuan for the day. To maintain ample liquidity in the banking system, the PBOC will conduct a 500 billion yuan one-year MLF operation today through fixed quantity, interest rate bidding, and multiple price bidding methods. Today, 400 billion yuan of MLF is maturing.

The three major A-share indices opened higher. The Shanghai Composite Index opened at 3,892 points, up 10 points or 0.3%. The Shenzhen Component Index opened at 13,669 points, up 132 points or 1%. The ChiNext Index opened at 3,287 points, up 35 points or 1.1%.

Banking stocks opened higher, with Industrial and Commercial Bank of China (601398.SH) up 0.1%. China Construction Bank (601939.SH) opened flat. Additionally, CATL (300750.SZ) opened down 1%. BYD (002594.SZ) opened nearly flat.

International oil prices continue to decline, with the three major oil companies, CNOOC (600938.SH), PetroChina (601857.SH), and Sinopec (600028.SH), opening down 1.2%-3%. Oil and gas stocks saw Zhongman Petroleum (603619.SH) open down 4.9%. Shandong Molong (002490.SZ) also opened down 6.3%.

International gold prices rebounded, and gold stocks continued to rise, with Shandong Gold (600547.SH), Zhongjin Gold (600489.SH), and Zhaojin Mining (000506.SZ) opening up 3.7%-5.5%. Zijin Mining (601899.SH) opened up 4%. Chifeng Jilong Gold Mining (600988.SH) rebounded by 2.5%.

China Telecom (601728.SH) opened down 0.9%, with an annual net profit of 33.2 billion yuan, an increase of 0.5% year-on-year, and a final dividend of 9.08 cents.

Fosun Pharma (600196.SH) opened up 2.8%, with an annual net profit of 3.371 billion yuan, an increase of 21.7% year-on-year, and a dividend of 3.9 yuan per 10 shares

Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2026 Longbridge｜Disclaimer