A-shares fluctuated upwards, AI applications continue to surge, the photovoltaic industry chain is adjusting, the Hang Seng Tech Index rose nearly 2%, and tech stocks rebounded across the board.
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AI application concept stocks continue to rise. Previously, ByteDance’s Seedance2.0 video model entered internal testing. The Xiaoyunque app allows users to try Seedance2.0 (limit of 3 free uses). Seedance2.0fast will be launched soon.
On February 10, A-shares oscillated higher, with all three major stock indices making small gains at the opening. AI application concept stocks continued to surge, computing power hardware stocks were active early in the session, and the photovoltaic industry chain adjusted. Hong Kong stocks opened high and moved higher, with the Hang Seng Index and Hang Seng Tech Index both rising over 1%. Tech internet stocks rebounded across the board, and Alibaba rose nearly 3%.
In the bond market, government bond futures traded sideways. In commodities, domestic commodity futures diverged, with Shanghai silver and Shanghai tin going up, while polysilicon and industrial silicon declined. Core market performance:
A-shares: As of this report, the Shanghai Composite Index is up 0.19%, the Shenzhen Component Index is up 0.10%, and the ChiNext Index is up 0.02%.
Hong Kong stocks: As of this report, the Hang Seng Index is up 1.09%, and the Hang Seng Tech Index is up 1.57%.
Bonds: Government bond futures traded sideways. As of this report, the main 30-year contract is down 0.07%, the main 10-year, 5-year, and 2-year contracts are all unchanged.
Commodities: Domestic commodity futures were mixed. As of this report, the container shipping index and polysilicon are down over 1%. Coking coal, industrial silicon, coke, hot rolled coil, soybean meal, manganese silicon, rebar, pulp, palladium, alumina, etc., are down. Stainless steel, bitumen, iron ore, rapeseed, eggs, Shanghai nickel, glass, Shanghai copper, lithium carbonate, Shanghai gold, platinum, etc., are up. Rubber and fuel are up over 1%, caustic soda is up over 2%, Shanghai tin and Shanghai silver are up 4%.
10:26
AI application sector rally expands, Dook Cultural hits 20cm price limit, Jebsen Co., Rongxin Culture, Fengyu Zhu, People.cn, iReader Tech, and more than ten other stocks hit price limits.
09:55
Offshore RMB against USD breaches 6.91 for the first time since May 2023, now reported at 6.9094, up 57 points intraday.
09:46
Early trading saw the computing power chip concept strengthen, with Chipone rising over 10% to a record high; Hygon Information, Cambricon, Yun Tian Li Fei, Moore Threads, and RAMAXTEC followed.
In news, on February 6, the Ministry of Industry and Information Technology issued the notice "On Organizing the Construction of National Computing Power Interconnection Nodes" emphasizing the construction of interconnection nodes for national hub nodes, major strategic regions, and key industries, building a system of computing power interconnection nodes, improving the efficiency and service level of public computing power resources, and promoting high-quality development of computing power.
09:31
Early trading, the Seedance concept continued to be strong. Rongxin Culture, Huanrui Century, iReader Tech reached two consecutive limit-ups; Chinese Online, Jebsen Co. opened over 10% higher.
News: Recently, ByteDance's Seedance2.0 video model entered internal testing. The Xiaoyunque app lets users try Seedance2.0 (limit of 3 free uses); Seedance2.0fast will be launched soon. Seedance2.0 supports generating single-segment videos of 5 to 15 seconds, and with its self-developed storyboard workflow, can produce videos featuring multi-angle shooting, character dialogue, and subtitles.
09:26
The Shanghai Composite Index opened up 0.11%, the ChiNext Index down 0.33%. Three new stocks are listed today: N Dian Ke opened up 750%, N Ai De and N Lin Ping rose over 225% and 66%, respectively.
09:21
The Hang Seng Index opened up 0.65%, at 27,202.96 points; Hang Seng Tech Index up 0.82%. Zijin Mining up 2.9%, Pop Mart and NetEase up over 2%, SMIC, JD.com, and Alibaba up over 1%.
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