On October 27, A-shares opened higher in the morning session before pulling back, with the Shanghai Composite Index briefly turning negative and the ChiNext Index nearing a decline after gaining 1% early on. Computing power hardware showed signs of recovery, with optical communications and optical modules rebounding selectively, while chip and semiconductor stocks also edged higher. The biopharmaceutical sector fell into a significant correction, with CRO and innovative drug stocks all declining. Agriculture, shipping, and precious metals sectors advanced, while humanoid robotics remained persistently active.
Hong Kong stocks also opened higher before retreating, with both the Hang Seng Index and Hang Seng Tech Index declining. Most heavyweight tech internet stocks fell, while chip and optical module tech stocks rebounded, with Montage Technology Co.,Ltd. (ASX: 688008) and Hygon leading gains. AI large models rebounded, with Z.AI (ASX: 02513) surging over 11%, following Anthropic's IPO filing and OpenAI's launch of GPT-6.1 Terra. In the bond market, treasury futures mostly declined. In commodities, domestic commodity futures broadly weakened. Core market movements:
A-shares: As of press time, the Shanghai Composite Index rose 0.05%, the Shenzhen Component Index rose 0.27%, and the ChiNext Index rose 0.26%.
Hong Kong stocks: As of press time, the Hang Seng Index fell 0.28%, and the Hang Seng Tech Index fell 0.38%.
Bonds: Treasury futures mostly declined. As of press time, the 30-year main contract rose 0.03%, the 10-year main contract fell 0.01%, the 5-year main contract fell 0.02%, and the 2-year main contract fell 0.01%.
Commodities: Domestic commodity futures mostly declined. As of press time, asphalt and lithium carbonate rose 2%, polysilicon rose 1%, while tin, rapeseed, copper, fuel oil, and gold edged higher among a few gainers. Silver, aluminum, industrial silicon, alumina, palladium, and rebar declined, while nickel, wood pulp, soybean meal, iron ore, hot-rolled coil, rubber, eggs, glass, stainless steel, platinum, and crude oil all fell more than 1%. Coke, coking coal, container shipping index, and caustic soda dropped over 2%.
10:08
The Hang Seng Biotech Index fell over 2%, briefly losing the 14,000-point mark. DualityBio-B dropped nearly 29%, and WUXI BIO (ASX: 02269) fell nearly 5%.
09:52
Z.AI (ASX: 02513) continued its rebound, with shares rising over 10%, followed by MINIMAX-W. On the news front, Anthropic filed for IPO, and OpenAI launched GPT-6.1 Terra.
09:48
The CRO concept fluctuated lower, with Nearshore Protein dropping over 10%, while Sino Biological, Lingkang Pharmaceutical, Labway Clinical Laboratory, Jinshiya Pharmaceutical, and Boji Medical followed the decline.
The chip supply chain fluctuated and rebounded in early trading, with Tiande Yu and Zhongjing Technology hitting the daily limit, while Darui Electronics, Nexchip, Xindonglianke, and Wavelength Optoelectronics followed higher.
The retail concept showed active performance, with Maoye Commercial hitting the daily limit, following Shanghai 900's five consecutive limit-ups, while Guoguang Chain, Sanjiang Shopping, and Dongbai Group followed higher.
On the news front, an official from the Circulation Development Department of the Ministry of Commerce stated that according to National Bureau of Statistics data, from January to September, China's wholesale and retail value added reached 11.1 trillion yuan, up 4.4% year-on-year, with growth accelerating by 0.7 percentage points compared to the first half, accounting for 10.4% of GDP.
The humanoid robotics concept remained repeatedly active, with Guangyang shares posting two consecutive limit-ups, Huapei Power and Dongbei Group hitting the daily limit, following Saifutian's four consecutive limit-ups, while Jack Technology touched the daily limit, and Haoen Automotive Electronics, Zhongjian Technology, Fulaixin Materials, and Shangwei New Materials followed higher.
09:34
The ChiNext Index surged over 1%, the Shanghai Composite Index rose 0.10%, and the Shenzhen Component Index rose 0.71%. Computing power hardware and semiconductor chips led declines, with nearly 4,000 stocks advancing across the Shanghai, Shenzhen, and Beijing markets.
09:26
The Shanghai Composite Index opened 0.02% higher, and the ChiNext Index rose 0.89%. AI hardware showed clear recovery, with optical communications leading gains, and Zhongji Innolight Co.,Ltd. (ASX: 300308) rising nearly 3%.
09:21
The Hang Seng Index opened 0.21% higher, and the Hang Seng Tech Index rose 0.74%. Wuxi Apptec Co.,Ltd. (ASX: 603259) rose nearly 5%. Cambridge Technology, Zhongji Innolight Co.,Ltd. (ASX: 300308), YOFC, and Ganfeng Lithium strengthened.
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