On November 4, A-shares experienced volatility and divergence, with the Shanghai Composite Index turning green after an early surge, while the Shenzhen Component Index and ChiNext Index edged up slightly. The semiconductor sector rallied, with concept stocks in semiconductor equipment and advanced packaging gaining. Short drama gaming, cultural media, biotechnology, and precious metals sectors were active. Telecommunications, real estate, brokerage, and liquor sectors underwent adjustment.
Hong Kong stocks opened low and moved lower, with both the Hang Seng Index and Hang Seng Tech Index declining in early trading. The Hang Seng Tech Index fell over 1%, with most heavyweight tech internet stocks retreating. Technology stocks such as chips and optical modules rebounded somewhat, while the biotechnology sector surged, with the Hang Seng Biotechnology Index rising over 1%. In the bond market, treasury futures generally advanced. In commodities, most domestic commodity futures declined. Core market movements:
A-shares: As of press time, the Shanghai Composite Index rose 0.05%, the Shenzhen Component Index rose 0.70%, and the ChiNext Index rose 0.90%.
Hong Kong stocks: As of press time, the Hang Seng Index fell 0.17%, and the Hang Seng Tech Index fell 0.78%.
Bond market: Treasury futures rose across the board. As of press time, the 30-year main contract rose 0.12%, the 10-year main contract rose 0.05%, the 5-year main contract rose 0.03%, and the 2-year main contract rose 0.02%.
Commodities: Most domestic commodity futures declined. As of press time, caustic soda rose over 3%, iron ore rose 1%, and pulp, glass, Shanghai gold, polysilicon, container shipping index, rapeseed, and hot-rolled coils moved higher. Eggs, rebar, lithium carbonate, stainless steel, alumina, Shanghai nickel, industrial silicon, Shanghai aluminum, manganese silicon, Shanghai silver, Shanghai copper, and platinum all fell. Coke, palladium, soybean meal, and coking coal dropped over 1%, asphalt, rubber, and crude oil fell over 2%, Shanghai tin dropped 3%, and fuel oil fell over 5%.
09:55
The CSI Semiconductor Industry Index rose over 4% in early trading.
09:36
The liquor concept fluctuated upward, with Huangtai Liquor Industry hitting its fourth consecutive limit-up, followed by Jinhui Liquor, Jinzhongzi Liquor, Shede Spirits, and Wuliangye.
The optical chip concept fluctuated and rebounded in early trading, with Yunnan Germanium hitting the limit-up, followed by Guangzhi Technology, CETC Siyi, Hengdongguang, Feikai Materials, and Yuanjie Technology.
The retail concept remained active repeatedly, with Dalian Friendship hitting its second consecutive limit-up, followed by Guangbai股份, Guoguang Chain, Zhejiang Dongri, and Maoye Commercial.
09:27
The Shanghai Composite Index opened 0.08% lower, the ChiNext Index rose 0.33%, sectors such as communication equipment, semiconductors, and building materials strengthened, while insurance and banking sectors pulled back.
09:21
The Hang Seng Index opened 0.32% lower, the Hang Seng Tech Index fell 0.5%, and Sinopharm Group dropped over 3% to lead blue-chip declines. Dongshan Precision rose over 1%.
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