工作邮箱：zqyjsw@jyzq.cn 金元晨报 股市回顾 国际要闻 国内要闻 重要公告 2026 年 02 月 26 日 每日晨报 | 指数 | 开盘价 | 收盘价 | 近一交易日% | 近20交易日% | | --- | --- | --- | --- | --- | | 上证综指 | 4,124 4,147 | | 0.72 | 0.82 | | 深证成指 | 14,322 14,476 | | 1.29 | 2.26 | | 创业板指 | 3,313 3,355 | | 1.41 | 2.34 | | 恒生指数 | 26,745 26,766 | | 0.66 | 0.06 | | | 日经225 57,695 58,583 | | 2.20 | 10.77 | | | 富时100 10,681 10,806 | | 1.18 | 6.42 | | 道琼斯工业 | 49,358 49,482 | | 0.63 | 0.98 | | | 标普500 6,915 6,946 | | 0.81 | -0.47 | | 纳斯达克 | 23,005 23,152 | | 1.26 | -2.79 | | | 主 ...

金元晨报 股市回顾 国际要闻 国内要闻 2026 年 02 月 25 日 每日晨报 | 指数 | 开盘价 | 收盘价 | 近一交易日% | 近20交易日% | | --- | --- | --- | --- | --- | | 上证综指 | 4,129 | 4,117 | 0.87 | 0.08 | | 深证成指 | 14,314 14,292 | | 1.36 | -0.02 | | 创业板指 | 3,332 | 3,308 | 0.99 | -0.88 | | 恒生指数 | 26,914 26,590 | | -1.82 | -0.15 | | 日经225 56,764 57,321 | | | 0.87 | 6.45 | | 富时100 10,685 10,681 | | | -0.04 | 4.63 | | 道琼斯工业 | 48,828 49,175 | | 0.76 | -0.48 | | 标普500 | 6,837 | 6,890 | 0.77 | -0.87 | | 纳斯达克 | 22,642 22,864 | | 1.04 | -3.13 | | 主要市场股指表现 | | | | | | 8. ...

Market Overview - The A-share market experienced a collective decline on February 13, with the Shanghai Composite Index falling by 1.26% to 4,082.07 points, the Shenzhen Component Index down by 1.28% to 14,100.19 points, and the ChiNext Index decreasing by 1.57% to 3,275.96 points, with a total trading volume of approximately 2 trillion yuan [10]. - In the Asia-Pacific market, the Hong Kong Hang Seng Index rose by 2.53% to 27,081.91 points, while the Hang Seng Tech Index increased by 3.34% to 5,395.35 points [10]. - The European market saw the FTSE 100 index decline by 0.02% to 10,684.74 points, and the DAX 30 index drop by 1.06% to 24,991.97 points [10]. - In the US market, the Dow Jones Industrial Average fell by 1.66% to 48,804.06 points, and the Nasdaq Composite decreased by 1.33% to 22,627.27 points [10]. International News - The US Trade Representative, Katherine Tai, continues to uphold a strong trade policy despite a Supreme Court ruling that limits the President's authority to impose large-scale tariffs [9]. - A severe winter storm in the northeastern United States has led to flight cancellations and delays, causing the US Congress to postpone initial votes until February 24 [9]. - There are reports that the US may conduct military strikes against Iran on February 23 or 24, amid ongoing negotiations [9]. Domestic News - The German Chancellor, Olaf Scholz, is scheduled to visit China from February 25 to 26 at the invitation of Chinese Premier Li Qiang [11]. - The National Energy Administration plans to implement a new energy system and sector-specific energy planning, focusing on major strategic projects and enhancing electric vehicle charging networks [11]. - The unicorn company "Kimi" has secured the highest financing amount in the large model industry over the past year, surpassing $1.2 billion, and has achieved rapid growth in revenue driven by a surge in global paid users and API calls [12]. Important Announcements - Luxshare Precision has repurchased 9.9006 million shares at a cost of nearly 500 million yuan [13]. - Donghong Co., Ltd. has won a bid for a 353 million yuan pressure steel pipe and accessories project [13]. - Shuangliang Energy has secured a 100 million yuan contract for an H-class combined cycle power plant project [13].

Market Overview - The Shanghai Composite Index closed at 4,134.02, up 0.05%, with a trading volume of 897.96 billion yuan [5] - The Shenzhen Component Index rose by 0.86% to 14,283.00, with a trading volume of 1,243.78 billion yuan [5] - The ChiNext Index increased by 1.32% to 3,328.06, with a trading volume of 618.13 billion yuan [5] - Overall, more than 3,200 stocks declined across the market, with total trading volume reaching 2.14 trillion yuan, an increase of 157.5 billion yuan from the previous trading day [10] International News - U.S. President Trump emphasized the necessity for a deal with Iran, warning of severe consequences if negotiations fail [9] - A proposal for a broad economic partnership between Russia and the U.S. has been introduced, focusing on natural gas and key raw materials [9] - The U.S. and Japan are finalizing a $550 billion investment fund, with initial projects covering data center energy and semiconductors [9] Domestic News - The People's Bank of China will conduct a 1 trillion yuan reverse repurchase operation, marking the sixth consecutive month of increased liquidity [12] - The Ministry of Education is reforming vocational education, focusing on new fields such as low-altitude economy and artificial intelligence [14] - The State-owned Assets Supervision and Administration Commission has established an "AI+" industry community to enhance data space construction across 11 key sectors [14] Important Announcements - Companies such as Qichuang Data and Penghui Energy are planning significant investments, with Qichuang Data expected to procure servers worth up to 11 billion yuan and Penghui Energy planning a 3.3 billion yuan battery project [14]

Group 1: Market Overview - The A-share market showed mixed performance with the Shanghai Composite Index rising by 0.09% to 4,131.98 points, while the Shenzhen Component Index fell by 0.35% to 14,160.93 points and the ChiNext Index decreased by 1.08% to 3,284.74 points, with a total market turnover of 2 trillion yuan [10][11] - In the Asia-Pacific market, the Hong Kong Hang Seng Index increased by 0.31% to 27,266.38 points, and the South Korean Composite Index closed up by 1% at 5,354.49 points [10] - The European market saw the FTSE 100 rise by 1.14% to 10,472.11 points, while the DAX 30 fell by 0.53% to 24,856.15 points [10] - In the US market, the Dow Jones Industrial Average decreased by 0.13% to 50,121.4 points, and the Nasdaq fell by 0.16% to 23,066.47 points [10] Group 2: Domestic News - The China Automotive Industry Association reported that in January, the production and sales of new energy vehicles reached 1.041 million and 945,000 units respectively, with exports doubling year-on-year to 302,000 units [11] - A successful test of the Long March 10 rocket system and the crewed spacecraft recovery mission marked a significant milestone for China's lunar exploration program [11] - The State Council issued an opinion on improving the national unified electricity market system, aiming for full establishment by 2035 [13] - The State-owned Assets Supervision and Administration Commission announced an "AI+" initiative to enhance investment in computing power to support the AI industry [13] Group 3: Industry Developments - The low-altitude economy sector is seeing growth with the first flight of the 5-ton eVTOL V5000 and the opening of the first batch of helicopter takeoff and landing points in Dongguan [16] - A strategic cooperation agreement was signed between Guangdian Measurement and Wuhan Economic Development to establish a low-altitude equipment testing and certification center [15]

| 指数 | 开盘价 | 收盘价 | 近一交易日% | 近20交易日% | | --- | --- | --- | --- | --- | | 上证综指 | 4,128 | 4,128 | 0.13 | -0.25 | | 深证成指 | 14,201 14,211 | | 0.02 | 0.29 | | 创业板指 | 3,322 | 3,321 | -0.37 | -0.04 | | 恒生指数 | 27,203 27,183 | | 0.58 | 1.25 | | 日经225 56,812 57,651 | | | 2.28 | 7.66 | | 富时100 10,386 10,354 | | | -0.31 | 2.14 | | 道琼斯工业 | 50,193 50,188 | | 0.10 | 1.21 | | 标普500 | 6,974 | 6,942 | -0.33 | -0.51 | | 纳斯达克 | 23,271 23,102 | | -0.59 | -2.66 | | 主要市场股指表现 | | | | | | 10.00 | 近一交易日% | | 近20交易日% | | | （%） 8.00 | ...

Market Overview - The A-share market experienced a significant increase, with the Shanghai Composite Index rising by 1.41% to 4,123.09 points, the Shenzhen Component Index increasing by 2.17% to 14,208.44 points, and the ChiNext Index climbing by 2.98% to 3,332.77 points. The total market turnover reached 2.27 trillion yuan, up from 2.16 trillion yuan the previous day [10][5]. - In the Asia-Pacific market, the Hang Seng Index rose by 1.76%, the Nikkei 225 surged by 3.89% to 56,363.94 points, and the Korean Composite Index increased by 4.1% to 5,298.04 points [10][5]. - European markets saw all major indices close higher, with the DAX Index up by 1.19% to 25,014.87 points and the CAC40 Index rising by 0.6% to 8,323.28 points [10][5]. - In the US market, all three major indices closed higher, with the Dow Jones Industrial Average up by 0.04% to 50,135.87 points, marking a new closing high [10][5]. International News - The US plans to reduce the most-favored-nation tariff on Bangladesh to 19%, down from 20%, and provide exemptions for certain textiles, which will support Bangladesh's garment industry [9]. - In the UK, a political "black swan" event occurred as the Prime Minister's chief of staff and communications director resigned amid a scandal involving a former ambassador [9]. - Japan's Prime Minister announced plans to promote nationwide discussions on food tax reductions without issuing new debt, emphasizing fiscal sustainability [9]. Domestic News - The Shanghai and Shenzhen Stock Exchanges announced a package of measures to optimize refinancing, aiming to support the innovative development of quality listed companies [12]. - The Chinese government is focusing on technological self-reliance and innovation, as highlighted by President Xi Jinping during his recent inspection of a technology innovation center [11]. - A meeting involving multiple departments addressed labor rights for new employment forms, guiding 16 companies, including major delivery services, to improve labor management [13]. Important Announcements - Contemporary Amperex Technology Co., Ltd. plans to launch an employee stock ownership plan for 2026 [15]. - Jinhui Mining intends to acquire Fusheng Mining for 210 million yuan, with an annual gold production capacity of 50,000 tons [15]. - Efort will purchase 100% of Shengpu shares, with stock resuming trading [15].

Market Overview - The A-share market showed a decline on February 6, with the Shanghai Composite Index down 0.25% to 4,065.58 points, the Shenzhen Component Index down 0.33% to 13,906.73 points, and the ChiNext Index down 0.73% to 3,236.46 points [11] - In the Asia-Pacific market, the Hang Seng Index fell 1.21% to 26,559.95 points, while the Nikkei 225 rose 0.81% to 54,253.68 points [11] - The US stock market saw all three major indices rise, with the Dow Jones up 2.47% to 50,115.67 points, marking a new closing high above 50,000 points [11] International News - The US has initiated a new round of sanctions against Iran, imposing additional tariffs on goods from countries trading with Iran, which has led to rising oil prices following US-Iran talks [9] - France's exports to the US have significantly declined, with a 13% year-on-year drop in the fourth quarter of 2025, particularly in sectors like spirits and wine [10] Domestic News - The Chinese government has issued regulatory guidelines for the issuance of overseas asset-backed securities tokens, aiming to mitigate risks associated with virtual currency trading [12] - Premier Li Qiang emphasized the importance of strengthening domestic circulation and planning for high-quality development in various sectors during a State Council meeting [13] Important Announcements - Meituan plans to acquire 100% of Dingdong Maicai's China business for approximately $717 million, which has positively impacted Dingdong's stock price [14] - Innovent Biologics has entered a global strategic partnership with Eli Lilly to advance new drug development in oncology and immunology [15] - Suning Holdings' controlling shareholder will change to Anhui State-owned Assets Supervision and Administration Commission following a restructuring agreement [15]

Market Overview - The A-share market experienced a collective decline, with the Shanghai Composite Index falling by 0.64% to 4,075.92 points, the Shenzhen Component Index dropping by 1.44% to 13,592.71 points, and the ChiNext Index decreasing by 1.55% to 3,260.28 points. The total trading volume in the Shanghai and Shenzhen markets was approximately 2.19 trillion yuan [6][11] - In the Asia-Pacific market, the Hang Seng Index rose by 0.14% to 26,885.24 points, while the Nikkei 225 Index fell by 0.88% to 53,818.04 points. The KOSPI Index in South Korea decreased by 3.86% to 5,163.57 points [11] - European markets saw declines, with the FTSE 100 down by 0.9% to 10,309.22 points, the DAX 30 down by 0.93% to 24,373.06 points, and the CAC 40 down by 0.29% to 8,238.17 points [11] - In the US market, the Dow Jones Industrial Average fell by 1.2% to 48,908.72 points, the Nasdaq dropped by 1.59% to 22,540.59 points, and the S&P 500 decreased by 1.23% to 6,798.4 points [11] International News - The Iranian Foreign Minister, Amir-Abdollahian, arrived in Oman to attend nuclear negotiations with the US delegation, focusing solely on nuclear issues [10] - The European Central Bank maintained its benchmark interest rate, marking the fifth consecutive pause since June of the previous year, without signaling future policy direction [10] - The Bank of England kept its benchmark interest rate at 3.75%, with four out of nine monetary policy committee members voting for a 25 basis point cut, indicating a dovish stance [10] Domestic News - The 2026 National Service Consumption and Trade Work Conference emphasized the shift from goods consumption to service consumption, aiming to cultivate new growth points in service consumption and support service exports [12] - The Ministry of Commerce reported that China's service trade import and export total reached 80,823.1 billion yuan in 2025, a year-on-year increase of 7.4%, with a notable growth in travel services [12] - A joint initiative by the National Internet Information Office and eleven other departments introduced 14 measures to enhance digital service convenience for foreign personnel entering China [12] - The Ministry of Finance, General Administration of Customs, and State Taxation Administration issued a notice on zero tariffs for imported goods consumed by residents in Hainan Free Trade Port [12] Important Announcements - Nanmin Group plans to invest 30 million USD to acquire a 10% stake in Eagle Valley Gold [13] - Huisheng Biotechnology is investing 1 billion yuan to establish a synthetic biology manufacturing project in Xinjiang [13] - TBEA's subsidiary won a coal exploration right for 2.705 billion yuan [13]

Core Insights - The report highlights the release of the "Low Altitude Economic Standard System Construction Guide (2025 Edition)", marking a significant step in the regulation and development of the low altitude economy in China [13]. Group 1: Industry Dynamics - The Guangdong provincial government has set development goals for the low altitude economy in its 2026 work report, indicating a commitment to advancing this sector [13]. Group 2: Policy Developments - The "Low Altitude Economic Standard System Construction Guide (2025 Edition)" is the first comprehensive standard document in China's low altitude economy sector, aimed at transitioning the industry from "chaotic growth" to "regulated and scaled development" [13]. Group 3: Company Developments - WoFei ChangKong has completed a new round of financing amounting to nearly 1 billion yuan, setting a record for the largest single financing in the low altitude economy at the start of 2026. The funds will be used for the certification of the AE200 series, the production of a global headquarters, and the construction of a low altitude travel business model [12].