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
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- 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.