2-year China government bond futures (TS) most-active contract up 0.02%; 5-year (TF) up 0.07%; 10-year (T) up 0.13%; 30-year (TL) up 0.29%.

A-share open: Shanghai Composite down 0.01%, Shenzhen Composite Index flat, ChiNext Index up 0.15%.

MOFCOM spokesperson said on Feb. 24, 2026 China added 20 Japanese entities, including Mitsubishi Shipbuilding Co., Ltd., to its export-control list and placed another 20 Japanese entities, including Subaru Corporation, on a watchlist. MOFCOM said the measures target a limited number of entities and apply only to dual-use items, are lawful, do not affect normal China–Japan trade, and that law-abiding Japanese firms need not be concerned; Beijing said the steps are intended to deter Japanese re-militarization and nuclear ambitions.