Highlights

On April 10, major stock indices in Mainland China opened higher, with the Shenzhen Component and the ChiNext Index each rising over 3%, and the North Exchange 50 Index climbing more than 7.7%. Meanwhile, the Hang Seng Index increased nearly 4%, and the Hang Seng Tech Index jumped over 5%. **Key standouts include BYD Electronics surging nearly 14% and Sunny Optical Technology growing by more than 11%.** Across Asia-Pacific, markets reflected a collective upward trend with the MSCI Asia-Pacific Index also rising by 5%.

Sentiment Analysis

• Positive sentiment dominates the market as major indices report substantial gains.
• Investors responded favorably to stronger performance in the tech and consumer electronics sectors.
• The lifting of trade uncertainty temporarily buoyed global indices, contributing to a bullish outlook.

Article Text

April 10 marked a series of robust performances across major Asian stock exchanges, drawing attention from investors globally. In A-shares, the Shenzhen Component, along with the ChiNext Index, recorded gains exceeding 3%, while the North Exchange 50 Index experienced a remarkable increase of over 7.7%. Hong Kong's Hang Seng and Hang Seng Tech Indices exhibited a similar upward trajectory, escalating nearly 4% and over 5%, respectively.

Standout performances included BYD Electronics briefly rising by approximately 14% and Sunny Optical Technology advancing by over 11%. This upward trend extended to the Asia-Pacific markets, where the MSCI Asia-Pacific Index rose by 5%, mirrored by the Nikkei 225 Index and the Korean Composite Stock Price Index (KOSPI), both surging over 5%.

The consumer electronics sector reawakened with significant bullish activity. Notable advances at the market open included Chaoyang Technology hitting price limits, while Lens Technology surged beyond 14%. Shares like Luxshare Precision and Goertek Inc. also neared limit-up. The Hong Kong market mirrored this momentum with stocks like TCL Electronics soaring by as much as 40%.

Moreover, the semiconductor and computing power sectors also reflected robust investor confidence. Stocks like MagnuMet announced price limits on open, and others like Accelink Technologies and Hengtong Optic-Electric showcased double-digit rally percentages.

In the geopolitical realm, the softening stance on US trade policy by the former President led to a widespread relief rally. **This unexpected policy pivot, which included a 90-day suspension of 'reciprocal tariffs', was a major catalyst for bolstered global market sentiment.** However, analysts caution that volatility remains likely until global trade policies stabilize entirely.

Key Insights Table