A-shares fluctuated and rose, AI application concepts were active, computing hardware adjusted, the Hang Seng Tech Index surged over 2%, Lenovo hit a new high again, and Pop Mart jumped 7%.
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On June 1, A-shares fluctuated and rose. The three major stock indexes edged up at the opening, and the ChiNext index once rose 1%. AI application concept stocks were active, operating systems surged, coal, chemical and other sectors rose, computing hardware adjusted, and optical communication and optical module sectors declined.
Hong Kong stocks rose in the morning session, with the Hang Seng Index and Hang Seng Tech Index surging. The Hang Seng Tech Index rose more than 2%. Tech internet stocks collectively rebounded, Lenovo Group hit another record high, and new consumer concept stocks also rose, with Pop Mart up nearly 7%.
In the bond market, most treasury futures rose. In commodities, domestic commodity futures rose widely, coking coal surged more than 6%, and eggs hit the upper limit. Core market trends:
A-shares: As of press time, the Shanghai Composite was up 0.43%, the Shenzhen Component was up 0.44%, and the ChiNext index was up 0.45%.
Hong Kong stocks: As of press time, the Hang Seng Index was up 1.08%, and the Hang Seng Tech Index was up 2.60%.
Bond market: Most treasury futures rose. As of press time, the main 30-year contract rose 0.31%, the main 10-year contract rose 0.06%, the main 5-year contract rose 0.02%, and the main 2-year contract fell 0.01%.
Commodities: Most domestic commodity futures rose. As of press time, the Container Shipping Index rose more than 10%, eggs rose 5%, coking coal, coke, and fuel oil rose more than 2%, asphalt, polysilicon, industrial silicon, crude oil, Shanghai gold, etc. rose more than 1%. Platinum, rubber, glass, manganese silicon, rebar, hot rolled coil, Shanghai tin, lithium carbonate, iron ore, Shanghai silver, alumina, etc. also rose. Caustic soda, Shanghai nickel, stainless steel, soybean meal, palladium, pulp and a few other varieties fell.
10:26
The Hang Seng Index's intraday gain expanded to 1%, and the Hang Seng Tech Index rose 2.5%. Kingdee International surged over 18%, Kingsoft rose over 8%.
10:19
The ChiNext index increased by over 1%, the Shanghai Composite up nearly 0.6%, Shenzhen Component up nearly 0.9%. AIPC, culture media, breeding, coal, photovoltaics and other sectors led the gains. Nearly 4,200 stocks in Shanghai, Shenzhen, and Beijing rose.
10:02
The North Exchange 50 Index surged more than 3%. Raytheon Technology hit the upper limit. Huieweizhinen, Hongxi Technology, Lijia Technology, Huifeng Diamond, Dingjia Precision, and Gobijia rose more than 10%.
09:48
The PCB concept sector fell sharply in the morning session. Honghe Technology and Guanghe Technology hit the lower limit. Taijin Xinneng and International Composite Materials fell more than 10%. Zhongfu Circuit, Jinanguoji, and Feilihua were among the top decliners.
09:42
AI application concept stocks bucked the trend and strengthened in the morning. Visual China, Shuiyou Shares, and iReader Technology hit the upper limit. Xinghuan Technology rose more than 10%. Shifeng Culture, Easy Point World, Dingjie Digital Intelligence, and Hand Information followed the rise.
09:36
Glass substrate concept stocks quickly strengthened. Hongxing Development hit three boards in five days. Woge Optoelectronics rose more than 9%. BOE A, Leyman Optoelectronics, Rainbow Shares, TCL Technology followed the rise. On the news side, India's government recently announced that chip giant Intel and 3DGS will invest about $3.3 billion (about RMB 22.3 billion) to build a semiconductor substrate manufacturing plant in Odisha, eastern India.
MLCC concept stocks continued last week's strength. Torch Electronics hit the upper limit. Shangluo Electronics rose more than 10%. Guoci Materials, Boqian New Materials, Jiemi Technology, and Sanhuan Group followed the rise.
According to SemiAnalysis, the value of MLCC per cabinet is expected to rise from $3,000 for the H100, $12,000 for the GB200 to $22,000 for the Rubin VR200, and could reach $40,000 when Rubin Ultra is released in 2027. At the same time, the quantity will increase from 15,000 to over 90,000. The BOM is shifting towards high voltage, ultra-high capacity, and vertical power supply. Embedded substrates and silicon capacitors have tight supply.
09:29
Akeso rose over 9%. According to news, the company published more than 40 clinical research results at the 2026 American Society of Clinical Oncology meeting, mainly focusing on several independently developed innovative drugs, including Kadonili, Ivosi, and Lefali, covering several cancer fields.
09:27
AI PC concept stocks opened sharply higher in the morning. Chunqiu Electronics, Victory Precision, Yingli Shares hit the upper limit. Raytheon Technology opened up more than 27%. Huieweizhinen, Huaqin Technology, China Great Wall, and Fulong Technology followed the rise.
News: NVIDIA will host the GTC Taipei 2026 conference from June 1 to 4. Jensen Huang will deliver a keynote speech on June 1, unveiling breakthrough technological progress driving the new generation of AI. Additionally, on May 30, NVIDIA's official social media account posted a three-word teaser—"A new era of PC". Microsoft's and Arm's official accounts also echoed the preview.
09:26
The Shanghai Composite Index opened down 0.03%, and the ChiNext Index rose 0.48%. Semiconductor equipment, PCB, commercial aerospace, industrial metals, CPO concept stocks were among the top decliners. Servers, photovoltaic inverters, and power-related stocks strengthened.
09:21
Hang Seng Index opened down 0.01%, Hang Seng Tech Index rose 0.22%. Sunny Optical Technology rose more than 3%, CSPC Pharmaceutical, China Biopharmaceutical, and Meituan rose more than 2%.
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