On April 10, A-shares opened higher and extended gains in early trading, with the three major indices collectively rising. The Shanghai Composite Index reclaimed the 4000-point mark, while the ChiNext Index advanced more than 2%. Strong upward momentum was seen in the battery industry chain, brokerage firms, and semiconductor sectors. Shipping and computing hardware stocks experienced adjustments. Hong Kong stocks also opened higher and climbed, with the Hang Seng Tech Index rising over 2% as technology and internet shares rebounded.

In the bond market, treasury futures showed mixed movements. In commodities, domestic commodity futures were mixed, with containerized freight index, coking coal, and coke leading the declines, while platinum and lithium carbonate moved higher.

Key market performances:

A-shares: As of writing, the Shanghai Composite Index gained 0.89%, the Shenzhen Component Index rose 1.72%, and the ChiNext Index increased 2.42%.

Hong Kong stocks: As of writing, the Hang Seng Index advanced 1.08%, and the Hang Seng Tech Index climbed 1.79%.

Bond market: Treasury futures were mixed. As of writing, the 30-year main contract rose 0.02%, the 10-year main contract increased 0.03%, while the 5-year main contract fell 0.01% and the 2-year main contract declined 0.01%.

Commodities: Domestic commodity futures were mixed. As of writing, platinum, breathing, lithium carbonate, stainless steel, palladium, silver futures, crude oil, copper futures, eggs, polysilicon, rapeseed, and soybean meal all moved higher. Hot-rolled coil, rebar, manganese silicon, pulp, glass, alumina, methanol, industrial silicon, coke, coking coal, ethylene glycol, and containerized freight index declined.

At 09:57, the Shanghai Composite Index rose over 1%, while the ChiNext Index gained 2.8%. The battery industry chain and brokerage stocks surged, with electrical grid, power generation equipment, energy equipment, and aerospace and defense sectors leading the gains.

At 09:54, the large financial sector advanced in early trading. Nanhua Futures hit the daily limit, CITIC SEC surged over 8%, while East Money Information, Huatai Securities, Industrial Securities, GF Securities, Yinzjie, and Tonghuashun all rose more than 5%.

In related news, on April 9, CITIC SEC released its preliminary first-quarter 2026 results, reporting a net profit attributable to shareholders of 10.216 billion yuan, a year-on-year increase of 54.6%, with basic earnings per share of 0.67 yuan.

At 09:49, glass fiber concept stocks quickly rose. Shandong Fiberglass hit the daily limit, while Grace Fabric Technology, International Composite, China Jushi, Changhai Group, and Sinoma Science & Technology followed suit.

In related news, Grace Fabric Technology announced that its 2025 net profit reached 202 million yuan, a year-on-year increase of 785.55%, citing a rise in the price of ordinary electronic-grade glass fiber cloth during the reporting period.

At 09:46, the Shanghai Composite Index reclaimed the 4000-point mark, and the ChiNext Index rose over 2%.

At 09:34, the lithium battery industry chain saw upward momentum. Guoxuan High-Tech and XinYuren hit the daily limit, while Tianhua New Energy, Penghui Energy, Desay Battery, Narada Power, and Dynanonic advanced.

At 09:26, the Shanghai Composite Index opened 0.49% higher, and the ChiNext Index gained 0.96%. Memory chips, chip packaging, photovoltaic inverters, and rare earth concepts led the gains, while oil and gas and shipping sectors were weak.

At 09:21, the Hang Seng Index opened up 0.54%, and the Hang Seng Tech Index rose 0.47%. Semiconductor stocks led the advance, with Hua Hong Semiconductor rising over 3%. CITIC SEC gained over 3% after reporting a 54.6% year-on-year increase in first-quarter net profit.

At 09:01, commodity futures opened with soybean No. 1 and acrylonitrile main contracts rising over 2%. Cotton, low-sulfur fuel oil, para-xylene, bottle chips, corn, fuel oil, methanol, polypropylene, palm oil, and TSR20 rubber all increased more than 1%. Coking coal fell over 4%, caustic soda declined over 3%, while PVC and coke dropped more than 2%.