The three major indices of A-shares rose on the first day of the Year of the Horse, with institutions saying that the spring market is expected to continue.

On February 24th, the first trading day of the Year of the Horse in the Chinese calendar, the three major indexes of the A-share market rose. Sectors like petroleum and petrochemicals, construction materials, basic chemicals, and non-ferrous metals were active, with the Shenzhen Component Index rising by over 1%. Over 4000 stocks in the A-share market rose, with over 100 stocks hitting their daily limit up. Trading volume was high, reaching 2.22 trillion yuan. In terms of funds, investor sentiment improved, with a net inflow of over 5.1 billion yuan into the Shanghai and Shenzhen 300 Index. Analysts believe that the pattern of funds flowing into the market and investor confidence rising has not changed, and that risk appetite is expected to recover after the holiday, with the possibility of the spring market trend continuing.