On June 1, Chinese A-shares saw a volatile upward movement. The three major indices edged higher at the open, with the ChiNext Index briefly gaining 1%. AI application concept stocks were active, and operating systems saw a boost. Sectors like coal and chemicals rose, while computing hardware adjusted with declines in optical communication and optical module segments.

Hong Kong stocks climbed in early trading, with the Hang Seng Index and the Hang Seng Tech Index posting significant gains. The Hang Seng Tech Index surged over 2%, leading a collective rebound in technology and internet stocks. **LENOVO GROUP** hit a new historical high, while new consumption concepts also rose, with **POP MART** gaining nearly 7%.

In the bond market, treasury futures mostly trended higher. In commodities, most domestic futures contracts rose, with coking coal surging over 6% and egg futures hitting their daily limit.

**Core Market Movements:**

**A-Shares:** At the time of writing, the Shanghai Composite Index was up 0.43%, the Shenzhen Component Index up 0.44%, and the ChiNext Index up 0.45%.

**Hong Kong Stocks:** At the time of writing, the Hang Seng Index was up 1.08%, and the Hang Seng Tech Index was up 2.60%.

**Bond Market:** Treasury futures mostly advanced. At the time of writing, the 30-year main contract rose 0.31%, the 10-year main contract rose 0.06%, the 5-year main contract rose 0.02%, while the 2-year main contract fell 0.01%.

**Commodities:** Most domestic commodity futures rose. At the time of writing, the containerized freight index surged over 10%, egg futures rose 5%, while coking coal, coke, and fuel oil gained over 2%. Asphalt, polysilicon, industrial silicon, crude oil, and Shanghai gold rose over 1%. Platinum, rubber, glass, manganese silicon, rebar, hot-rolled coil, Shanghai tin, lithium carbonate, iron ore, and Shanghai silver also moved higher. Caustic soda, Shanghai nickel, stainless steel, soybean meal, palladium, and pulp were among the few decliners.

**10:26** The Hang Seng Index's intraday gain expanded to 1%, with the Hang Seng Tech Index up 2.5%. Kingdee International surged over 18%, and Kingsoft rose over 8%.

**10:19** The ChiNext Index rallied, gaining over 1%. The Shanghai Composite Index rose nearly 0.6%, and the Shenzhen Component Index gained nearly 0.9%. AI PC, cultural media, aquaculture, coal, and photovoltaics led the gains. Nearly 4,200 stocks across the Shanghai, Shenzhen, and Beijing exchanges advanced.

**10:02** The BSE 50 Index surged over 3%. Raytron Technology hit the daily limit-up, while Huiwei Intelligent, Hongxi Technology, Lijia Technology, Huifeng Diamond, Dingjia Precision, and Gebija rose over 10%.

**09:48** The PCB concept sector declined in early trading. Honghe Technology and Guanghe Technology hit the daily limit-down, while Taijin New Energy and International Composite fell over 10%. Zhongfu Circuit, Jinan Guojia, and Filight were among the top decliners.

**09:42** The AI application concept bucked the trend and strengthened in early trading. Visual China, Shuiyou Co., and Zhangyue Technology hit the daily limit-up, while Transwarp Technology surged over 10%. Shifeng Culture, Easymob, Dingjie Digital Intelligence, and Hand Enterprise Solutions followed with gains.

**09:36** The glass substrate concept strengthened rapidly. Hongxing Development marked its third limit-up in five days, while Woguang Optoelectronics gained over 9%. BOE, Ledman Optoelectronic, Caihong, and TCL Technology followed suit.

The MLCC concept continued its strength from last week. Torch Electron hit the daily limit-up, while Shangluo Electronics rose over 10%. Sinocera Advanced Materials, Boqian New Materials, Jiemei Technology, and Sanhuan Group also advanced.

**09:29** **Akeso** surged over 9%. The company presented over 40 clinical research findings at the 2026 American Society of Clinical Oncology annual meeting, primarily focusing on several self-developed innovative drugs including cadonilimab, ivonescimab, and lafalinib, covering multiple cancer areas.

**09:27** The AI PC concept opened sharply higher. Chuncui Electronics, Victory Precision, and Yingli shares hit the daily limit-up. Raytron Technology opened over 27% higher. Huiwei Intelligent, Huaqin Technology, China Great Wall, and Furong Technology also opened stronger.

**09:26** The Shanghai Composite Index opened 0.03% lower, while the ChiNext Index opened 0.48% higher. Semiconductor equipment, PCB, commercial aerospace, industrial metals, and CPO concept stocks were among the early decliners. Server, photovoltaic inverter, and power sector themes showed strength.

**09:21** The Hang Seng Index opened 0.01% lower, while the Hang Seng Tech Index opened 0.22% higher. Sunny Optical Technology gained over 3%. CSPC Pharmaceutical Group, Sino Biopharmaceutical, and Meituan rose over 2%.