The three major A-share stock indexes collectively turned positive, innovative pharmaceuticals rebounded, the Hang Seng Tech Index rose nearly 3%, JD.com surged over 7%, and crude oil and container shipping indexes plummeted.
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The A-share innovative medicine sector rebounded significantly after the government work report listed biomedicine as an emerging pillar industry. Hong Kong tech stocks surged, JD Group jumped sharply, latest financial report shows, JD’s Q4 net revenue increased by 1.5% year-on-year to 352.3 billion yuan.
On March 6, A-shares opened lower across the board, with the three main indexes collectively falling at the opening. Growth Enterprise Market Index fell more than 1%, then the indexes rebounded and turned positive. Brain-machine interface and CRO concept stocks were active, oil & gas and precious metals continued to adjust.
Hong Kong stocks rebounded, both Hang Seng Index and Hang Seng Tech Index moved higher. Hang Seng Index rose more than 1%, Hang Seng Tech Index jumped nearly 3%. Most tech stocks were up, pharmaceutical and biotech sector surged. In the bond market, government bond futures rose. In commodity markets, domestic commodity futures diverged: caustic soda up 6%, container shipping index plunged over 8%. Core market performance:
A-shares: As of press time, Shanghai Index up 0.09%, Shenzhen Index up 0.22%, Growth Enterprise Market Index up 0.09%.
Hong Kong Stocks: As of press time, Hang Seng Index up 1.14%, Hang Seng Tech Index up 2.66%.
Bonds: Government bond futures rose across the board. As of press time, the 30-year main contract rose 0.07%, the 10-year main contract rose 0.04%, the 5-year main contract rose 0.03%, the 2-year main contract rose 0.01%.
Commodities: Domestic commodity futures mostly rising. As of press time, caustic soda up 6%, soybean meal up nearly 3%, asphalt up 2%, glass up 1%, lithium carbonate, rapeseed, iron ore, Shanghai silver, alumina, coke, industrial silicon, pulp, hot-rolled coil, rubber, rebar, Shanghai nickel and others rose; Shanghai copper, eggs, Shanghai tin, manganese silicon, Shanghai gold, stainless steel fell; fuel oil, palladium fell over 1%, crude oil fell over 4%, container shipping index fell over 7%.
10:36
JD Group shares in the Hong Kong market hit the largest intraday gain since April 2025.
Previously, Citi raised JD’s ADR target price, stating its Q4 2025 performance exceeded expectations. Management committed to continued buybacks and distributing $1.4 billion in dividends, and expects healthy profit growth for JD Retail in 2026, with losses in the delivery business likely to narrow. Citi maintains a Buy rating on JD and raised its ADR target price from $34 to $35.
10:14
The Growth Enterprise Market Index surged and turned positive, previously having fallen nearly 1.2%. Agriculture, chemicals, brain-machine interface, power grid sectors led gains. Nearly 4,200 stocks rose in Shanghai, Shenzhen, and Beijing.
Hang Seng Index rose over 1%, Hang Seng Tech Index up over 2%.
10:05
Domestic commodity futures diverged, with crude oil and container shipping index futures falling sharply.
According to CCTV news, on the morning of the 5th local time, Amir Haidari, deputy commander of Iran’s Khatam al-Anbiya Central Command, stated in an interview that Iran has not blocked the Strait of Hormuz.
10:01
Innovative medicine concept stocks rebounded during the session. Zhongyuan Concord hit the daily limit, Yahui Pharma approached the 20cm daily limit, Beilu Pharma, Shanghai Yizhong, Sanyuan Gene, Hotgen Biotech were among the top gainers.
On the news side, the government work report listed biomedicine as an emerging pillar industry, alongside integrated circuits, aerospace, and low-altitude economy. Since 2026, in just over two months, BD total contract amount exceeded 50 billion yuan, accounting for over 40% of the 2025 total.
09:54
JD Group up nearly 6%.
According to the latest financial report, JD’s Q4 net revenue reached 352.3 billion yuan, up 1.5% year-on-year, slightly above market expectations. However, due to increased investment in new business strategies, the company shifted from profit to loss, posting a net loss of 2.7 billion yuan attributable to shareholders, compared to a net profit of 9.9 billion yuan a year ago.
09:49
Chemicals and fertilizer sectors rebounded. Kingenta, Jinpu Titanium hit the daily limit. Hongbaoli, Satellite Chemical, Chitianhua, Guangkang Biotech, ChuanJinNuo rose.
Newswise, Middle East granular urea prices have risen about $130 per ton since last Friday, now at $575-650. Meanwhile, Nanjing Titanium Chemical and Annada, among others, announced price hikes for titanium dioxide products.
09:38
The Hang Seng Tech Index’s gain expanded to 1%.
09:37
Growth Enterprise Market Index fell over 1%, Shanghai Index dropped 0.36%, Shenzhen Index fell 0.69%. Precious metals, coal, MLED, PCB led declines. Nearly 2,400 stocks fell in Shanghai, Shenzhen, and Beijing.
09:26
Shanghai Index opened down 0.55%, Growth Enterprise Market Index fell 0.6%. Oil & gas, shipping, non-ferrous metals led the declines. High-speed copper connectors, superhard materials, gold, storage, PCB, CPO concept stocks weakened.
09:21
Hang Seng Index opened up 0.15%, Hang Seng Tech Index rose 0.47%. JD Logistics up over 6%, JD Health, Trip.com up over 3%, NetEase, JD Group, Xiaomi Group among top gainers.
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