A-share indexes showed mixed performance, the ChiNext rose 0.55%, CPO strengthened, Moore Threads surged on its listing debut, Hong Kong stocks opened lower, and the non-ferrous metals sector was sluggish.

The three major A-share indexes opened with mixed performance; the Shanghai Composite Index fell 0.07%, while the ChiNext Index rose 0.55%. Lithium battery electrolyte, cross-strait integration, superhard materials, servers, and aquaculture concept stocks weakened; CPO concept stocks strengthened. Moore Threads was listed on the STAR Market, surging more than 468% at market open with a share price of 650 yuan.

In the news, Goldman Sachs raised the target price of Innolight by more than 11%, optimistic about AI server demand driving accelerated shipments of optical modules.

Hong Kong stocks opened lower, with the Hang Seng Index down 0.4% and the Hang Seng Tech Index intraday decline widening to 1%. Most large tech stocks fell, most non-ferrous metal stocks continued to be sluggish, Aluminum Corporation of China fell 1.35%, marine shipping stocks, catering stocks, and some insurance stocks dropped. However, most biotech, nuclear power, and airline stocks rose. Additionally, new listing “Yujian Xiaomian” broke on its first day, opening down nearly 29%; Tianyu Semiconductor fell more than 34% on its first day of listing.

In the news, US rate cut expectations cooled slightly. Overnight, the three major US stock indexes showed mixed performance; the China concept stock index rose 0.39%.

Most domestic commodity futures opened higher; container shipping index (Europe line) rose 3.76%, coke rose 1.50%, fuel oil rose 1.48%, Shanghai zinc rose 0.66%, industrial silicon rose 0.39%, Shanghai silver fell 2.18%.

Government bond futures opened with mixed performance; the main 30-year contract rose 0.15%, 10-year main contract rose 0.07%, 5-year main contract flat, 2-year main contract flat.

9:47

The Hang Seng Tech Index intraday decline widened to 1%.

9:30

Government bond futures opened with mixed performance: 30-year main contract rose 0.15% to 112.610 yuan, 10-year main contract rose 0.07% to 107.770 yuan, 5-year main contract flat at 105.640 yuan, 2-year main contract flat at 102.372 yuan.

9:27

Moore Threads opened 468% higher in pre-market bidding, with a market value close to 305.5 billion, share price at 650 yuan, a single successful subscription realized a profit of nearly 270,000 yuan.

9:26

The Shanghai Composite Index opened at 3873.12 points, down 0.07%.

The Shenzhen Component Index opened at 13020.29 points, up 0.10%.

The ChiNext Index opened at 3084.22 points, up 0.55%.

The CSI 300 opened at 4547.91 points, up 0.03%.

The STAR 50 Index opened at 1319.72 points, down 0.49%.

The CSI 500 opened at 7008.65 points, down 0.06%.

The CSI 1000 opened at 7244.28 points, down 0.06%.

9:23

The Hang Seng Index opened down 0.4%, reported at 25,833.11 points; Hang Seng Tech Index fell 0.41%. Tencent Holdings fell 1.1%, JD.com and NetEase fell over 0.9%, Alibaba fell 0.8%.

9:16
The RMB central parity rate against the US dollar was quoted at 7.0749, a decrease of 16 points; the previous trading day's central parity was 7.0733, the previous official closing was 7.0690, and the previous night session closed at 7.0710.

9:00

Commodity futures opened, main contract of container shipping Europe line rose over 3%, fuel oil, coke, and corn rose more than 1%. Shanghai silver fell over 2%, alumina and caustic soda fell over 1%.

FTSE China A50 Index futures rose 0.14% at the beginning of the session, having closed up 0.17% during the previous night's session.

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