A Comprehensive Review of A-Share Market Trends and Strategies on February 11, 2026

Information Gap A-share Review: Objective, Comprehensive, and Useful | Welcome to Xiao Universe – Listen to Podcasts, Clean Up in the Morning while Listening! Download now!

A-share Task Helper｜Under 2 Trillion, Difficulty in Trading, Shrinking Circle of Grouping

Date: February 11, 2026, Wednesday

Program Highlights: A-share market sees intensified fluctuations, with cyclical stocks rising. Are retail investors being targeted by quantitative trading? Can the logic of price increases continue? Which sectors, such as cyclical, computing power leasing, and minor metals, will dominate?

Data review reveals the real movement of funds.

Market Overview:

As of the close, the three major indices showed mixed results. The Shanghai Composite Index rose by 0.09%, while the Shenzhen Component Index fell by 0.35%, and the ChiNext Index dropped by 1.08%. The average stock price decreased by 0.18%.

Trading Volume:

The total trading volume of the Shanghai and Shenzhen markets fell below 2 trillion for the first time in 31 trading days, decreasing by 121.3 billion from the previous trading day.

Sectors:

Chemicals, minor metals, computing power leasing, and fiberglass sectors led the gains, while film and television, CPO, and tourism and hospitality sectors lagged behind.

Individual Stocks:

More than 3,200 stocks in the market fell. Today, 51 stocks hit the daily limit, while 17 stocks broke their limits, with a limit-up rate of 75%. Baichuan Co. achieved 8 consecutive limits in 11 days, with major tech companies like Dwei Technology and Zhengcai Co. gaining 3 consecutive limits.

The limit-up advancement rate rose to 38.1%, with Baichuan Co. advancing from 3 to 4 consecutive limits, and many stocks transitioning from 2 to 3 limits were represented by the popular Seedance concept.

Amidst the recent high-profile stocks experiencing a significant downturn, companies like Hengdian Film and Television issued risk warnings, leading to a broader withdrawal in the cultural media sector and a concentrated release of losses among high-ranking stocks.

As the soft and hard segments of AI continue to differentiate and rotate, cyclical sectors are seeing funds flowing back in, though this trend can be detrimental for tomorrow’s funding continuity after today’s widespread breakout. It is not advisable to blindly chase hot spots in the short term before the Spring Festival holiday.

Key Sectors and Stocks:

Taiyao Technology announced a production halt, gradually reducing output of ordinary electronic fabrics in its Taiwan factory while transitioning to LowDK products. Following this news, the fiberglass concept surged, with companies like International Composites and Honghe Technology hitting their limits and achieving historic highs. Continued demand for electronic fabrics is driven by an imbalance in supply and demand from downstream AI PCB M9 materials.

As an example, NVIDIA’s Rubin solution has increased the number of required CPX chips, leading to strong performance in the PCB upstream copper-clad laminate sector. Companies like Nanya Technology and Fangbang Co. also reached historical or phase highs.

After Cloudflare announced better-than-expected results on February 10, driven by surging AI demand, its share price soared nearly 16% after hours. The popularity of the open-source AI agent “Clawdbot” has triggered explosive growth in CDN edge computing demand overseas. Following this news, the previously fluctuating CDN concept saw a resurgence, with major players like Dwei Technology achieving a limit-up, continuing their upward trend.

Recently, tungsten prices have surged rapidly, with both black tungsten concentrate and ammonium paratungstate prices rising over 24% within two weeks, reaching historical highs. This has led to a collective explosion in the minor metals sector, with companies like Xianglu Tungsten and Zhangyuan Tungsten hitting their limits and achieving historical highs. Although the minor metals sector is also dominated by a trend of grouping, the absence of futures price fluctuations makes it less susceptible to the impacts of international commodity prices during the Spring Festival holiday.

As of February 11, 2026, China successfully conducted a low-altitude demonstration verification of the Long March 10 rocket system and a maximum dynamic pressure escape test for the Dream Boat manned spacecraft at the Wenchang Space Launch Site. The commercial aerospace concept saw some localized recovery, with companies like Zhaoshang Technology achieving limit-ups.

In the afternoon, however, stocks such as Feiwo Technology, Aerospace Power, and Zhongchao Holdings, which had previously garnered popularity, all faced a wave of funds exiting the market. Similar to the commercial aerospace concept, the space photovoltaic concept has recently continued to weaken, but some core equipment companies in the afternoon saw a return of funds, indicating that some key popular stocks remain strong and have not been impacted by the overall market volume decline.

Funding Review:

1. The People’s Bank of China carried out a 785 billion yuan 7-day reverse repos operation today with an interest rate of 1.40%. Additionally, a fixed amount with a multi-price bidding method was used to conduct a 400 billion yuan 14-day reverse repo operation. With 750 billion yuan in 7-day reverse repos maturing today, a net injection of 403.5 billion yuan was achieved.
2. As of February 10, the margin balance was 26,605 billion yuan, a decrease of 39 billion from the previous trading day.
3. In the institutional leaderboard, 38 stocks showed institutional involvement, with 14 stocks seeing net buying and 24 stocks experiencing net selling. The top three stocks in net purchases were Jie Cheng Co. (178 million), Dongfang Guoxin (144 million), and Green Beauty (90.88 million). The top three stocks in net sales were Xiexin Integration (141 million), Juyi Joist (137 million), and Huanrui Century (93.14 million).
4. Top-tier capital: North First Ring: invested 100 million in International Composites, 99 million in TeFa Information, and 92 million in Bona Film, selling 110 million. In the Ziyang East Road area: invested 110 million in Green Beauty, 74 million in Jujie Microfiber, and 54 million in Bona Film, selling 140 million and 160 million respectively.

Thank you for joining us today. May you soon be wealthy, marry well, and reach the peak of life! I will always be with you because, “losing half is the longest confession of love.” If you wish to join the WeChat group, please contact the admin, Taige: CAIGE9432.