---
title: "The Shanghai Composite Index is approaching 4100 points, AI applications and commercial aerospace are active, the Hang Seng Index is fluctuating upwards, and the large model company MiniMax rose over 45% on its first day of listing, while commodity futures have fallen broadly"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272009857.md"
description: "AI application directions have been repeatedly active, with InGravity Media achieving 4 limit-ups in 5 days, ECLICKTECH and Kede Education rising over 10%, and Borui Communication, BlueFocus, and Shengguang Group leading in gains. The commercial aerospace concept has also been repeatedly active, with LUXIN achieving 9 limit-ups in 11 days, and HXSS, Juli Inc., YHDZ, and Zhongheng Design hitting the limit-up, while Xinke Mobile and Shaoyang Hydraulic rose over 10%"
datetime: "2026-01-09T08:45:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272009857.md)
  - [en](https://longbridge.com/en/news/272009857.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272009857.md)
---

# The Shanghai Composite Index is approaching 4100 points, AI applications and commercial aerospace are active, the Hang Seng Index is fluctuating upwards, and the large model company MiniMax rose over 45% on its first day of listing, while commodity futures have fallen broadly

A-shares fluctuated higher, with the Shanghai Composite Index hitting the 4100-point mark for the third consecutive trading day. The ChiNext reduced its losses in the morning session, initially dropping nearly 1%. AI application sectors were active, and commercial aerospace concept stocks strengthened. Hong Kong stocks rose slightly, with tech stocks rebounding, and the large model company MiniMax saw a first-day increase of over 45%. In the bond market, government bond futures fell. In commodities, domestic commodity futures saw widespread declines, with polysilicon down over 6%, and metals such as silver, copper, and platinum also lower. Core market trends:

> **A-shares**: As of the time of writing, the Shanghai Composite Index rose 0.29%, the Shenzhen Component Index rose 0.45%, and the ChiNext Index fell 0.18%.
> 
> > 
> **Hong Kong stocks**: As of the time of writing, the Hang Seng Index rose 0.27%, and the Hang Seng Tech Index rose 0.33%.
> 
> > 
> **Bond market**: Government bond futures fell across the board. As of the time of writing, the 30-year main contract fell 0.23%, the 10-year main contract fell 0.05%, the 5-year main contract fell 0.07%, and the 2-year main contract fell 0.03%.
> 
> > 
> **Commodities**: Domestic commodity futures saw widespread declines. As of the time of writing, polysilicon fell over 9%, nickel in Shanghai fell over 4%, and aluminum oxide, coke, soda ash, silver in Shanghai, industrial silicon, and caustic soda fell over 2%. Coking coal, BR rubber, No. 20 rubber, silicon iron, and copper in Shanghai fell nearly 2%. On the upside, low-sulfur fuel oil rose over 3%, and SC crude oil rose over 2%.
> 
> 
**09:42**

AI application sectors were repeatedly active, with Ingravity Media achieving 4 limit-ups in 5 days, ECLICKTECH and Kede Education rising over 10%, and Borui Communication, BlueFocus Communication Group, and Shengguang Group leading in gains.

**09:37**

In the morning session, the CPO concept fell sharply, with New Yisheng, Dongtianwei, Huilv Ecology, and Hengtongguang dropping over 5%, and Zhongji Xuchuang, Tengjing Technology, Yuanjie Technology, and Taichuangguang following suit.

 **09:31**

The commercial aerospace concept is repeatedly active, LUXIN has achieved 9 out of 11 consecutive trading days with gains, HXSS, Juli Inc., YHDZ, and Zhongheng Design have hit the daily limit, while Xinke Mobile and Shaoyang Hydraulic have risen over 10%.

In terms of news, the General Office of the People's Government of Guangzhou issued the "Guangzhou Plan for Accelerating the Construction of a Strong Advanced Manufacturing City (2024-2035)", proposing to build a globally influential Sky City and a new pole of China's commercial aerospace by 2035.

**09:28**

In the early trading session, oil and gas stocks opened significantly higher, with China Petroleum & Chemical Corporation hitting the daily limit, and Shihua Machinery, Taishan Petroleum, Shanghai Petrochemical, and Unified Shares leading in gains. In terms of news, the State-owned Assets Supervision and Administration Commission of the State Council announced on the 8th that, with the approval of the State Council, China Petroleum & Chemical Corporation and China Aviation Oil Group Corporation will implement a restructuring.

**09:21**

The Hang Seng Index opened up 0.47%, and the Hang Seng Tech Index rose 0.38%.

Most tech stocks rose, with Alibaba and JD Group up over 3%, and Bilibili, Tencent Music, and Alibaba Health rising over 2%. MiniMax's first day of trading on the Hong Kong stock market saw an increase of over 42%.

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