Performance, policies, and risk aversion three arrows strike simultaneously; the large financial sector continues its upward trend.

2026-03-26 19:38:20

On March 24, the large financial sector experienced partial intraday fluctuations, with non-bank financials leading the gains. Hato Shares (600864.SH) hit the daily limit, while Bohai Leasing (000415.SZ), CNOOC Capital (000617.SZ), First Venture (002797.SZ), Southwest Securities (600369.SH), and Guosheng Securities (002670.SZ) followed suit.

Meanwhile, the banking sector saw a volatile upward trend, with Qingdao Bank (002948.SZ) rising over 4%, Jiangsu Bank (600919.SH), Shanghai Rural Commercial Bank (601825.SH), Nanjing Bank (601009.SH), and Shanghai Bank (601229.SH) increasing over 3%. CITIC Bank (601998.SH) and Ping An Bank (000001.SZ) also gained.

On the news front, more than half of the listed brokerages that have disclosed earnings forecasts expect their net profit attributable to shareholders to increase by over 50% year-on-year, indicating a comprehensive recovery in industry profitability. Additionally, PBOC Governor Pan Gongsheng recently issued a clear monetary policy signal, stating that the central bank will continue to implement moderately loose monetary policy.

Furthermore, the Middle East conflict continues to escalate. CCTV News reported that U.S. President Trump posted on social media on the morning of the 23rd, claiming that the U.S. and Iran had conducted very good and productive talks over the past two days regarding the complete resolution of their hostilities in the Middle East. He also instructed the U.S. Department of Defense to delay airstrikes on Iranian power plants and energy infrastructure by five days. However, Iran immediately denied any contact with the U.S.

According to Iran’s Fars News Agency on March 23 local time, reports of “Iranian Parliament Speaker Kalibaf negotiating with the U.S.” are completely false. One purpose of fabricating this false news is to create conditions for the assassination of Kalibaf. The source said that the false news aims to slander Kalibaf, cause division within Iran, and incite public sentiment. The source also stated that Iranian officials unanimously believe that the fighting will continue until Iran achieves its goals and the aggressors repent.

On March 24 local time, Iran reported that the U.S. and Israel attacked two energy

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