انتفاضة كبيرة في سوق الأسهم الصينية! الأسواق المالية العالمية تتغير في لحظة

In the moment when market risk is sliding toward the edge of losing control, Trump has TACOed again.

Less than an hour and a half after Trump’s so-called “final deadline” for Iran, the U.S. and Iran agreed to a ceasefire for two weeks. The news instantly relieved pressure across global financial markets and quickly reversed the trend.

On the 8th, the stock market sounded the call to launch a counterattack.

All three A-share major indices rebounded strongly. The Shanghai Composite Index regained the 3900-point level, currently at 3960.79 points, up 1.81%; the Shenzhen Component Index surged more than 400 points, currently at 13870.37, up 3.51%; the ChiNext Index returned to the 3300-point level after several days, currently up 4.41%.

Market style changed dramatically. Oil and natural gas, coal, and related sectors fell sharply. Blue Flame Holding hit the daily limit down; Guanghui Energy fell more than 9%; PetroChina fell more than 4%; China Shenhua fell more than 3%. In defensive sectors, central SOE banks dipped slightly: Agricultural Bank of China, Bank of China, and Industrial and Commercial Bank of China all fell by more than 1%.

Gold and other precious metals sectors, which had been suppressed recently, rose more than 7%. Cultural media, internet, and construction machinery sectors rose more than 6%. Sectors such as electronic components, software, and semiconductors rose more than 4%. In individual stocks, Blue Sail Global rose by 20% to hit the daily limit; Luoyang Molybdenum rose more than 8%; Zijin Mining rose more than 6%.

Hong Kong stock market warmed up noticeably. As of the time of writing, the Hang Seng Index was up 2.56%, at 25759.54 points; the Hang Seng Tech Index was up 3.7%, at 4852.44 points. The technology narrative returned to the market’s focus. The semiconductor sector rose more than 8%, TianS HiTeck rose more than 26%, Hualong Semiconductor rose more than 13%, and Ruilai Technology rose more than 12%.

The Japanese and Korean stock markets, which are deeply affected by international oil prices, were even more aggressive. As of the time of writing, Japan’s Nikkei 225 was up nearly 5%, and South Korea’s composite index was up nearly 6%.

The U.S. stock market is currently closed, but U.S. stock index futures have already surged collectively. As of the time of writing, Dow Jones futures (mini) were up more than 2%; Nasdaq 100 futures (mini) were up more than 3%; and S&P 500 futures (mini) were up more than 2%.

On the 8th, international oil prices plunged sharply. WTI crude oil futures temporarily fell nearly 20%, and ICE Brent intraday fell more than 16%. On the early morning of the 8th, Iranian Foreign Minister Alaraghi issued a statement on behalf of Iran’s Supreme National Security Council, announcing that the Strait of Hormuz would achieve safe navigation within a two-week period.

Precious metals, which had been suppressed for days by the strong U.S. dollar, also showed a notable boost. On the 8th, spot gold returned above 4800 dollars. As of the time of writing, it was up more than 2%, at 4815 dollars per ounce; spot silver rebounded strongly, setting a new high since March 19. It was currently at 76.6 dollars per ounce, up more than 5%.

In the foreign exchange market, after inflation risks brought by high oil prices were released to a certain extent, the U.S. Dollar Index fell accordingly. It was down 0.67% to 98.9836. Non-USD currencies rebounded across the board: the euro against the U.S. dollar rose more than 0.6%, the Japanese yen against the U.S. dollar rose nearly 0.7%, the British pound against the U.S. dollar rose nearly 0.8%, and the offshore Chinese yuan against the U.S. dollar rose more than 0.3%.

(Opinions in this article are for reference only and do not constitute investment advice. There are risks in investing; entering the market requires caution.)

Author | Chen Junming

Editor | Zhang Shunan

Final review | Jia Yifu