As of March 11, the Shanghai Composite Index rose 0.25% to close at 4133.43 points, while the STAR 50 Index fell 1.37% to 1401.08 points. The Shenzhen Component Index increased 0.78% to 14465.41 points, and the ChiNext Index climbed 1.31% to 3349.53 points.
In U.S. markets, the three major stock indices closed mixed. The Dow Jones Industrial Average dropped 289.24 points, or 0.61%, to 47417.27. The S&P 500 edged down 5.68 points, or 0.08%, to 6775.80. The Nasdaq Composite gained 19.031 points, or 0.08%, to 22716.135.
International oil prices saw significant gains. WTI crude for April delivery rose $3.80, or 4.55%, to settle at $87.25 per barrel. Brent crude for May delivery increased $4.18, or 4.76%, to close at $91.98 per barrel.
The People's Bank of China held its 2026 technology work conference on March 11, emphasizing the need to advance artificial intelligence applications in the financial sector in a proactive, prudent, safe, and orderly manner. The central bank outlined priorities including risk prevention, enhanced supervision, and high-quality development, alongside strengthening cybersecurity and data security systems.
On March 11, the Ministry of Industry and Information Technology’s cybersecurity threat and vulnerability sharing platform issued "six dos and six don'ts" recommendations to address security risks in typical application scenarios involving "Lobster" intelligent agents.
According to data from the China Association of Automobile Manufacturers, automobile production and sales in February fell 31.7% and 23.1% month-on-month, respectively, to 1.672 million and 1.805 million units. Year-on-year, production dropped 20.5% and sales declined 15.2%. New energy vehicle production and sales totaled 694,000 and 765,000 units, down 21.8% and 14.2% from a year earlier. New energy vehicles accounted for 42.4% of total new vehicle sales in February.
China State Railway Group reported that national railway fixed-asset investment reached 72.2 billion yuan in the first two months of the year, up 5.4% year-on-year.
Guotai Junan International announced on March 12 that Hong Kong’s Securities and Futures Commission and the Independent Commission Against Corruption conducted a search of its main Hong Kong business premises. One employee, not a board member, was detained. The company has suspended the employee’s operational and executive duties pending further notice. The incident is believed to relate to suspected personal misconduct such as insider trading, rather than investment banking activities.
Lao Pu Huang Jin issued a positive profit alert, forecasting 2025 revenue of 27–28 billion yuan, up 217%–229% year-on-year. Sales performance, including tax, is expected to reach 31–32 billion yuan, a rise of 216%–227%. Adjusted net profit under non-IFRS measures is projected at 5–5.1 billion yuan, an increase of 233%–240%, while net profit is estimated at 4.8–4.9 billion yuan, up 226%–233%.
NVIDIA CEO Jensen Huang published a signed article on March 10, reiterating that the "largest infrastructure construction in human history" has just begun. He highlighted that while hundreds of billions have been invested, trillions more are needed to build chip factories, computing assembly plants, and AI facilities.
The International Energy Agency recommended releasing 400 million barrels of strategic petroleum reserves to ease tight global oil supply.
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index rose 0.3% month-on-month in February, following a 0.2% increase in January. Unadjusted year-on-year inflation stood at 2.4%.
U.S. President Donald Trump stated that there are "almost no targets left to strike" in Iran and that U.S. military action against the country is "coming to an end."
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