--- title: "The ChiNext Index rose more than 1%, with a significant increase in the Hongmeng concept, a surge in computing power stocks, and a 10% surge in WUXI BIO in the Hong Kong stock market." description: "The concept of Hongmeng in A-shares, digital currency, pork, computing power, and AI sectors have seen the highest increase, while the coal, real estate, oil and gas, and infrastructure sectors have s" type: "news" locale: "en" url: "https://longbridge.com/en/news/105794345.md" published_at: "2024-01-11T02:20:12.000Z" --- # The ChiNext Index rose more than 1%, with a significant increase in the Hongmeng concept, a surge in computing power stocks, and a 10% surge in WUXI BIO in the Hong Kong stock market. > The concept of Hongmeng in A-shares, digital currency, pork, computing power, and AI sectors have seen the highest increase, while the coal, real estate, oil and gas, and infrastructure sectors have seen the highest decline. \[10:17 Update\] The three major A-share indexes are all in the green, with the ChiNext Index up more than 1%. **The Hang Seng Index has expanded its gains to 1%, with the Hengkang Index up more than 2%.** WUXI BIO in the Hong Kong stock market is up more than 11%. In the A-share market, the Hongmeng concept, digital currency, pork, computing power, and AI sectors are leading the gains, while the coal, real estate, oil and gas, and infrastructure sectors are leading the declines. **The computing power stocks in the A-share market are surging.** Gaoxin Development and Zhizhen Technology have both hit the daily limit, while EmbedWay, Zhongbei Communication, Jinji Stock, and Inspur Information are all on the rise. **Huawei concept stocks continue to rise, led by the Hongmeng direction.** Multiple stocks, including Chuangshi Technology, Changshan Beiming, Chuanzhi Education, Zhidu Shares, Gaoxin Development, Lidaxin, and Jida Zhengyuan, have hit the daily limit, and YAHUA Electronics is up more than 15%. In terms of news, on January 10th, **JD.com and Huawei announced their cooperation and officially launched the development of native HarmonyOS applications**, further improving the HarmonyOS ecosystem. The native version of the JD.com app based on HarmonyOS NEXT will provide consumers with a smoother, smarter, and safer shopping experience through seamless integration and native intelligence. On January 18th, Huawei will hold an important event for HarmonyOS, unveiling new developments in the HarmonyOS ecosystem and HarmonyOS NEXT. \[The following is the 9:45 update\] On Thursday, January 11th, the three major A-share indexes showed mixed performance. The Shanghai Composite Index opened at 2873.80 points, down 0.14%. The Shenzhen Component Index opened at 8918.23 points, down 0.05%. The ChiNext Index opened at 1744.30 points, up 0.06%. The CSI 50 Index fell 0.3%. As of the time of writing, the Shenzhen Component Index has turned positive, with the ChiNext Index up 0.26% and the CSI 50 Index up 0.68%. ![Image](https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/9384a43c-d00e-424a-8b78-1fadcac925b2.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) Hong Kong stocks opened higher, with the Hang Seng Index up 0.35% and the Hang Seng Tech Index up 0.18%. As of the time of writing, the Hang Seng Tech Index continued to strengthen. ![Image](https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/9c2426fb-7848-4c05-ab63-99003e4be4ea.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) In the A-share market, the pork, travel, pharmaceutical, and chip sectors performed well, while the banking, liquor, and coal sectors saw declines. ![Image](https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/596c0b00-ed2c-443a-b6b2-1ebc0464950d.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) In the Hong Kong stock market, the CRO concept led the gains, while the oil and gas stocks and Apple concept weakened. **WUXI BIO surged 10%**, rising to 15% at the opening. In terms of news, WUXI BIO added 132 new projects in 2023, bringing the total number of projects to 698 (including 9 Phase III and commercialization projects, as well as 24 CMO projects). These projects validate the trust and recognition of customers in the company's CMO capabilities and scale, and the increase in CMO projects will further enhance the company's recent earnings. ## Recovery in the breeding sector Xinwufeng rose more than 8%, and Shennong Group rose more than 5%. ![Image](https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/81338896-d950-4b2e-8ddc-72c1459a1189.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) ## Collective rise in the pharmaceutical sector, surge in CRO concept Baihua Pharmaceutical hit the limit up, Kanglong Huacheng rose more than 8%, Kailaiying, Taige Pharmaceutical, and Pharmaron all opened more than 6% higher. ![Image](https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/d1b96b14-dfee-4333-954b-79a26cc0108c.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) ## Active trading in the data element sector Inspur Information, China Software, and Unisplendour Corporation all rose more than 1%. In terms of news, the U.S. Securities and Exchange Commission (SEC) has approved the first-ever Bitcoin spot ETF, authorizing the trading of 11 ETFs starting on Thursday. Read more. ![Image](https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/662f98ab-dc36-4e1b-9327-fc972e20d4c6.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) ## Ice and Snow Tourism Concept Continues to Heat Up Changbai Mountain surged over 7% and hit the limit up for 8 consecutive days, while Dalian Shengya rose over 5%. ## Coal Stocks Weaken in Early Trading Xinji Energy fell 3%, while Yunmei Energy, Jinkong Coal, and China Shenhua all dropped over 1%. ## Banking Stocks Decline Rui Feng Bank, Construction Bank, Agricultural Bank, and Industrial and Commercial Bank all declined. ## Shipping Weakens, Shipping Index Opens Higher and Rises 3% COSCO Shipping Energy, COSCO Shipping Holdings, and Ningbo Shipping all experienced slight fluctuations. The Shipping Index (Europe) opened 6% higher and is currently up about 3%, at 1793.9 points. ### Related Stocks - [WXXWY.US - WuXi Biologics](https://longbridge.com/en/quote/WXXWY.US.md) - [02269.HK - WUXI BIO](https://longbridge.com/en/quote/02269.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 佳明｜10-K：2025 财年营收 72.46 亿美元超过预期 | | [Link](https://longbridge.com/en/news/276224511.md) | | 三星、海力士 “调整战略”：新存储工厂生产计划提前 | SK 海力士计划将其龙仁一期晶圆厂的试运行时间提前至明年 2-3 月，三星电子将平泽 P4 工厂的投产时间从明年一季度提前至今年四季度，生产规划前移约三个月。调整源于 AI 数据中心扩张导致供应严重短缺，主要客户需求满足率仅 60%。市场普 | [Link](https://longbridge.com/en/news/276302716.md) | | 15:02 ET Julian Circo 正在通过引入 AI 技术来颠覆慢性咳嗽这一世界上最古老的症状 | Julian Circo，Hyfe 的联合创始人，在《Disruption Interruption》播客中讨论了他的公司如何通过使用人工智能将咳嗽转化为客观生物标志物，从而革新呼吸道诊断。Hyfe 已收集超过 7 亿个咳嗽样本，旨在通过一 | [Link](https://longbridge.com/en/news/276373106.md) | | 实验美控控股的股票：华尔街是持看涨态度还是看跌态度？ | 实验美控股票：华尔街是看涨还是看跌？ | [Link](https://longbridge.com/en/news/276331774.md) | | 星巴克印度在亏损增加的情况下扩展门店网络，并进行菜单本地化 | 星巴克印度扩展门店网络，尽管亏损加剧仍本地化菜单 | [Link](https://longbridge.com/en/news/276449752.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.