Stock Index Futures Rally Across the Board; CSI 500 Futures Lead with 5.96% Gain

Deep News04-08

On April 8, 2026, stock index futures recorded broad-based gains. The main contract for the CSI 300 index futures (IF) rose by 4.00%, while the Shanghai 50 index futures (IH) main contract advanced by 3.02%. The CSI 500 index futures (IC) main contract led the rally with an increase of 5.96%, and the CSI 1000 index futures (IM) main contract climbed by 5.44%.

China's three major A-share indices also closed higher today. The Shanghai Composite Index rose by 2.7%, the Shenzhen Component Index increased by 4.79%, and the ChiNext Index gained 5.91%. The Beijing Stock Exchange 50 Index advanced by 4.56%. Total market turnover reached 2,450.6 billion yuan, expanding by 827.1 billion yuan compared to the previous session. More than 5,100 stocks across the market ended the day in positive territory.

Sectors that outperformed included precious metals, text-to-video technology, semiconductors, PCB concepts, liquid cooling servers, CPO, computing power leasing, aero engines, and insurance. In contrast, oil and gas extraction services and coal mining underperformed.

Market sentiment was boosted by news of a ceasefire between the US and Iran, driving strong gains in technology and growth stocks such as semiconductors, CPO, and PCB-related shares. Companies like Zhongji Innolight, Eoptolink Technology, and Robotech hit record intraday highs. Gold stocks followed the rise in international gold prices, with Hunan Silver, Western Gold, and Sichuan Gold among several firms that surged by the daily limit.

The text-to-video sector also saw significant gains after a mysterious model named "Happy Horse" surpassed Seedance2.0 to top the global rankings. Stocks such as Chinese Online, Zhibai, and Fushi Holdings led the rally. Additionally, sectors including memory chips, computing power leasing, and commercial aerospace also posted substantial intraday increases.

On the downside, the US-Iran ceasefire led to a sharp decline in international oil prices, causing oil and gas stocks to fall collectively. Companies like Zhongman Petroleum, Beken Energy, and Lanyan Holdings dropped by the daily limit, while CNOOC and Intercontinental Oil & Gas also declined.

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