Domestic Market Overview - The A-share market opened positively in the Year of the Horse, with the Shanghai Composite Index closing at 4117.41 points, up 0.87%, and the Shenzhen Component Index closing at 14291.57 points, up 1.36% [1][10] - A total of 24 out of 30 sectors in the CITIC first-level industry rose, with the highest gains in oil and petrochemicals, building materials, and non-ferrous metals, while consumer services, media, and computers saw significant declines [1][10] - The total trading volume of the entire A-share market reached 22,182 billion, showing an increase compared to the previous day [1][10] Industry Insights - The report highlights the significant increase in domestic tourism during the 2026 Spring Festival, with 596 million domestic trips taken, an increase of 95 million compared to the previous year, and total spending reaching 803.48 billion, up 126.48 billion [12][13] - The loan market quotation rate (LPR) remained stable for the ninth consecutive month, with the one-year LPR at 3% and the five-year LPR at 3.5% [15][16] - The average daily usage of large models by Chinese enterprises reached 37 trillion tokens, a 263% increase from the previous half-year, with Alibaba Cloud's Qwen model leading with a market share of 32.1% [17]
国新证券每日晨报-20260225
Guoxin Securities Co., Ltd·2026-02-25 02:21