The three major A-share indices all turned positive during the session, with AI applications and 6G concepts surging. The Hang Seng Index and Hang Seng Tech Index both fell, and CATL's H-shares once dropped by more than 4%.
On September 8, A-shares fluctuated and diverged, with the three major stock indexes showing mixed performance at the start of trading. The Shanghai Composite Index rose slightly, while the Shenzhen Component Index and the ChiNext Index were under pressure. The ChiNext Index once fell by more than 1%, and the STAR Market 50 Index also fell by more than 1%. During the session, all three major stock indexes turned positive. Technology stocks such as computing power hardware and chip semiconductors retreated, while concept stocks such as AI applications, 6G, and the copper industry surged. The agriculture, precious metals, and cultural media sectors also strengthened.
Hong Kong stocks opened lower and continued to decline, with both the Hang Seng Index and the Hang Seng Tech Index falling in the morning session. The Hang Seng Tech Index fell by more than 1%, with most heavyweight tech stocks declining, including AI large-scale model stocks. CATL's Hong Kong-listed shares opened lower and continued to fall, briefly touching their lowest level since March 10. In the bond market, treasury bond futures fluctuated and consolidated. In the commodities market, most domestic commodity futures rose. Core market trends:
A-shares : As of press time, the Shanghai Composite Index rose 0.33%, the Shenzhen Component Index rose 0.50%, and the ChiNext Index rose 0.57%.
Hong Kong stocks : As of press time, the Hang Seng Index was down 0.58% and the Hang Seng Tech Index was down 1.05%.
Bond Market : Treasury bond futures fluctuated and fell. As of press time, the 30-year main contract was unchanged, the 10-year main contract was unchanged, the 5-year main contract was unchanged, and the 2-year main contract rose by 0.01%.
Commodities : Most domestic commodity futures rose. As of press time, rubber rose more than 2%, while silver, asphalt, crude oil, platinum, copper, fuel oil, and lithium carbonate rose more than 1%. Palladium, tin, aluminum, eggs, iron ore, gold, coking coal, hot-rolled coil, rebar, industrial silicon, and soybean meal all rose. Coking coal, pulp, stainless steel, nickel, caustic soda, alumina, and polysilicon fell, while glass, shipping index, and manganese silicon fell more than 1%.
10:35
Fueled by continued strength in international sugar prices and expectations of a tightening global sugar supply and demand situation, A-share sugar stocks collectively surged. *ST Guangtang, COFCO Sugar, and Hongmian Co., Ltd. all hit their daily limit in early trading.
According to the Shanghai Securities News, the core driver of this surge in sugar stocks is the sharp rise in international sugar prices. The strengthening El Niño phenomenon has led to reduced sugarcane production and lower sugar content. The head of the Thai Sugar Industry Association stated that Thailand's sugar production may fall below 10 million tons in the 2026-2027 crushing season, which begins in October this year. In comparison, the previous season's production was 12 million tons. Thailand is the world's second-largest sugar exporter, contributing approximately 70% of global sugar exports along with Brazil and India.
Meanwhile, geopolitical tensions in the Middle East pushed up oil prices, and Brazil, the world's largest sugar producer, shifted more sugarcane to ethanol production rather than sugar production. International sugar prices surged 21.5% in August, marking the strongest monthly increase since October 2010 (when prices rose 24%).
Data shows that China's sugar production reached 11.16 million tons in the 2024/25 crushing season. In 2025, China's sugar imports totaled 4.92 million tons, a year-on-year increase of 13.1%. Of this, 4.2916 million tons were imported from Brazil, accounting for 87.26%. Domestic spot sugar prices rose slightly, mainly due to persistently high international raw sugar prices, a tightening of the import window outside the quota, and a continued rebound in domestic white sugar futures prices, which boosted spot prices.
10:26
The ChiNext index continued to rise, turning positive and gaining 0.4%, after previously falling by more than 1%.
10:20
CATL's Hong Kong-listed shares fell more than 4.5% at one point, hitting a new intraday low since March 10, while A-shares also declined. This followed Li Auto's announcement of progress in equipping its entire lineup with self-developed batteries.
CATL's A-shares fell by more than 3%.
In terms of news, Li Auto announced on its official WeChat account on the 7th that the first batch of deliveries of the new generation Li MEGA uses CATL's 5C ternary lithium batteries. With the completion of production preparations for Li Auto's self-developed batteries, all deliveries will be switched to Li Auto's self-developed 5C ternary lithium batteries.
10:04
AI applications saw repeated activity, with Danghong Technology hitting the 20cm daily limit, and Jiachuang Vision, Silk Road Vision, Wondershare Technology, Visual China, and Fantuo Digital Innovation following suit.
09:58
The ChiNext Index and the STAR Market 50 Index both fell by more than 1%.
09:41
The 6G concept stocks fluctuated and strengthened, with Wuhan Fangu hitting the daily limit, Guangha Communication rising by more than 17%, and Shenglu Communication, Tongyu Communication, and Sanwei Communication following suit.
In terms of news, the Ministry of Industry and Information Technology issued the "15th Five-Year Plan for the Development of the Information and Communication Industry," which aims to fully build a new generation of communication network with comprehensive coverage and leading performance by 2030.
09:40
CPO concept stocks fluctuated and rose, with Cambridge Technology hitting the daily limit, and Huacan Optoelectronics, InnoLight Technology, Tianfu Communication and Changguang Huaxin following suit.
09:35
The media sector continued its strong performance from yesterday in the morning session, with China Publishing Group hitting its third consecutive daily limit, Readers Media Group hitting its second consecutive daily limit, Borui Media Group hitting its daily limit, CITIC Publishing Group rising over 16%, and Longban Media Group, Ciwen Media Group, and Inner Mongolia Xinhua Group among the top gainers.
09:29
This morning, the agriculture, animal husbandry and fishery sector opened significantly higher, with sugar and feed leading the gains. Boen Group hit its fourth consecutive daily limit up in five days, Hongmian Group opened at its daily limit up, COFCO Sugar was close to its daily limit up, and China Fisheries, Sanyuan Bio, Baolingbao and Guannong shares also saw significant gains.
In terms of news, the Thai Sugar Industry Association stated that Thailand's sugar production may fall below 10 million tons in the 2026-2027 crushing season, which begins in October this year. In addition, Peru, the world's largest fishmeal supplier, has seen a significant decrease in its 2026 fishing quota due to factors such as El Niño and a high proportion of juvenile fish, resulting in extremely tight supply and a sharp rise in fishmeal prices.
09:26
The Shanghai Composite Index opened 0.07% higher, while the ChiNext Index fell 0.13%. The insurance sector was weak, and the Tibet revitalization concept was lackluster; industrial gases and industrial metals concepts were active.
09:21
The Hang Seng Index opened 0.63% lower, while the Hang Seng Tech Index fell 0.56%. Financial and consumer stocks led the declines, while resource stocks bucked the trend, with Jiangxi Copper rising over 3%.
Risk Warning and DisclaimerInvesting involves risk; please exercise caution. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Any investment decisions made based on this information are at your own risk.