The following is a good summary of the content of the beijing times of march 2nd:
Chinese securities
.. The season is not bad
The first quarter is the traditional off-season of the lcd panel market, but the off-season is not light under the combined effect of price-fixing strategies controlled by the panels and marginal improvements in terminal demand. In recent reports issued by several independent market research institutions, it has been stated that while the price of storage chips and panels continues to rise, television branders have chosen to prepare strategically in advance and to prepare adequately for the new items to be listed this year, maintaining a relatively positive trend in the volume of panels purchased, and the price of lcd panels is expected to continue to rise in march。
Multiple listed companies with high tungsten price hikes prompting performance dividends
Recently, the price of tungsten, in the name of “industrial teeth”, continued to rise. The latest report on tungsten online shows that the domestic tungsten market continued to show strong momentum in february 2026, with prices for the main tungsten raw materials rising steadily, increasing cumulatively by 30 per cent during the month and by nearly 80 per cent during the year. Owing to successive increases in tungsten prices, the share price of companies listed in the tungsten industry increased significantly. On the evening of 1 march, a number of listed companies in the tungsten industry issued risk alerts。
Listed companies involved in re-engineering the value of the power cell recycling industry
The interim scheme for the recycling and integrated use of used and end-of-life power batteries in new energy vehicles will be implemented on 1 april this year, and the power-battery recovery industry will provide an important opportunity to regulate development. With the combined effect of industry efficiency gains, growing demand for business access to the sea and tighter regulatory compliance requirements, power cell recycling has become a key track for green transformation in related industries, upstream and downstream, such as new energy vehicles。
Shanghai securities journal
:: ban or further increase of shipping prices in the strait of hormuz
According to xinhua, on 1 march, an unauthorized tanker was shot as it tried to pass through the strait of hormuz. The iranian islamic revolutionary guard corps announced on the evening of 28 february that it would ban any vessel from crossing the strait of hormuz. Real-time data from the international tanker traffic monitoring system indicate that the speed of tanker navigation in the waters surrounding the strait of hormuz has generally been reduced to zero, with a large number of ships inoperable. The strait of hormuz, which connects the persian gulf with the gulf of oman, is an essential route for the export of crude oil from oil-producing countries in the middle east, such as saudi arabia, iraq, qatar and the united arab emirates. Several shipping researchers stated that the current rapidly deteriorating situation in the middle east would facilitate further increases in shipping prices, of which oil prices were of the greatest concern。
Tungsten prices have increased by more than four times in a year and are critical to transformation. Period
Recently, tungsten chains have launched a new rotation price covering several areas such as tungsten raw materials (including long sheets), tungsten alloy knives and recycling of scrap tungsten. Several enterprises indicated in their price exchange letters that the increase in tungsten prices remained the main reason for the increase in the current round. As at 28 february, the prices of major tungsten products, such as tungsten concentrates, ammonium tungsten acid (apt) and tungsten powder, had risen by more than 400 per cent compared to the beginning of 2025. "it's not tungsten steel anymore." in the face of the rise in tungsten prices, the head of a knife-producing business threw up, and the current knife-processing enterprise was like a “cracker cookie”, and the price of raw materials had changed from day to day, and the price of the offer had only been valid on that day, and the cost of the purchase had continued to rise. The boom in industry has not only affected the operations of the enterprises concerned, but has also driven the accelerated transformation of the entire industrial chain. In this context, according to a number of industry interlocutors, upstream mining companies are accelerating the increase in resource reserves and production efficiency, while mid- and downstream firms show marked differences in cost transfer and have to absorb pressures through technological upgrading and process optimization。
• the risk of rising oil prices due to geo-conflict escalation
Last weekend, military conflict escalated in the middle east, the crude oil artery, one of the most important international throats - the strait of hormuz was hit and stopped directly. Markets are generally predicting a rapid increase in the risk premium on crude oil due to risk avoidance and a significant increase in short-term international oil price volatility. At the same time, the conflict or its transmission to the chemical industry has made it difficult for prices of some chemicals to increase. According to several interviewees to journalists, oil prices are now volatile. Overseas agencies predict that brent's crude oil futures prices may exceed $100 per barrel。
Security times
• relocate the potential for long-term investment in hong kong stock through the etf reverse market layout
In february, the hong kong stock market showed a low performance, with the heterogeneity index and the heinogeneity technology index continuing to shake down, and many investors were concerned about the steady decline in the hong kong stock. However, the ef of the port unit has become an important direction for the consolidation of funds in the near future. Multiple fund managers analysed the decline in the current port unit as a result of the expected resonance of the external environment with the market itself. Despite the short-term weakness of the port unit, a number of fund managers have indicated that the current value of the port unit remains significant。
• the most “good mind” in the cycle of research after the public fund festival
After the spring of 2026, the a stock market style changed significantly, and the pro-cyclical block used fundamentals to improve expectations and policy catalysts to attract intensive research by multiple fund managers. In the direction of research, the areas of energy, non-ferrous metals, chemicals and building materials have become the focus of attention, with the core logic of a shift in markets from valuation to profit-driven, with the expectation that ppi will continue to repair, geo-risk premiums and “fifty-five” plans, and that the performance of pro-cyclical assets will be generally well received by the agencies。
Public fund for the “budget review” to drive industry-wide change
As of 1 march, the guidelines for benchmarks for comparative performance of publicly remanded portfolios have been put into effect, and new products will be subject to strict compliance with new requirements, with a transitional period of one year for inventory products. According to industry sources, a number of foundations have submitted their benchmark adjustment programmes to the regulatory authorities and have been able to communicate and optimize through multiple rounds. In doing so, regulators focused on core issues such as the matching of benchmarks with actual investments, the reasonableness of benchmarking, and the level of adjustment and implementation priorities, with more detailed and rigorous reporting requirements. For the public sector, the alignment of performance comparisons is driving fund companies to optimize their research and appraisal mechanisms, and a whole chain of reforms, such as incentive, wind control, product, tripartite sales, fund evaluation and investment services, is also necessary. The focus of competition in industry is shifting from short-term performance to the creation of logical, multi-structured product lines with long-term viability and investment capacity。
Securities daily
• ipo market for “drilling” port shares of bank finance subsidiaries
Since the beginning of the year, the ipo market has continued to be hot, attracting global investors to high-potential tracks. As one of the ipo “new” financial forces, the bank finance sub-company is looking at the ipo market in hong kong and is placing “hard technology” as a base investor and anchor investor in an attempt to increase product earnings. Journalists have noted that so far, a number of banks have been involved in “new” hong kong shares and that some of the institutions have had good results. The experts interviewed stated that the bank finance sub-company was currently in a period of transformation and deepening, with bottlenecks in the asset consolidation-based business model and the urgent need to improve product earnings and differential competitiveness through equity investments, and that the hong kong stock “new” was a high-quality path to the equity market at a low threshold。
• in february, domestic car terminal retail presses pre-empted the demand-heating market
Owing to factors such as long spring holidays, reduced effective sales workdays, pre-opening stocks and consumer wait-and-see moods for spring car sales, domestic car terminal sales were significantly under pressure in february 2026, with many car sales falling back. At the same time, new energy companies in the head continue to increase in terms of resilience in delivery, well-established complementary energy systems, supply of products and expansion of overseas markets. It is widely recognized that market demand is expected to warm up as the resumption of work, the optimal release of marginal effects by the old-for-new policy and the proximity of new vehicles to market windows。
:: full acceleration of the process of industrialization of large-scale financing by robotic enterprises
The process of capitalization and the pace of investment financing of the enterprises concerned are accelerating as the human robot race rises. On february 23, shenzhen technology ltd. Completed over 1 billion yuan b-round financing; on february 24, chiyo smart (hhangzhou) technology ltd. Announced two consecutive rounds of financing of nearly 2 billion yuan, with the investment of cloud-front funds, chaos investments, china, etc.; and on february 24, beijing, china's smart-hander, inc., announced the completion of two rounds of c1 and c2 financing, totalling several hundred million yuan. In the view of nisr, human robotic products are constantly evolving in the wave of electricization and intellectualization and are expected to open up wider market space than the automobile industry, and the human robotics industry chain will open up important investment opportunities from “0 to 1”. The robotics industry is constantly being financed, from its own to its spare parts enterprises, with continuous product overlay, while rapidly advancing operational cooperation and scenario applications, actively exploring the mass production of human-shaped robots and commercial landings。
