Chip semiconductor and computing hardware stocks collectively fell. An article from Wall Street Watch mentioned that the new automated tools launched by AI startup Anthropic triggered panic selling in software stocks, marking the largest drop since April last year, severely impacting large tech stocks. After a series of intense fluctuations, international gold and silver rebounded strongly, with gold briefly returning to the $5,000 mark, and the A-share precious metals sector rebounded, with Shanghai gold and silver soaring.
On February 4th, A-share performance was mixed, with the Shanghai Composite Index fluctuating upward while the ChiNext Index opened low and fell, at one point dropping over 2%. Chip semiconductor and computing hardware stocks collectively declined, with CPO and AI computing sectors leading the decline. Coal stocks surged, while oil and gas, as well as liquor stocks, remained active. Hong Kong stocks fluctuated downward, with the Hang Seng Index falling over 1%, tech stocks collectively adjusted again, AI concept stocks fell across the board, and the semiconductor sector plummeted, with Hua Hong Semiconductor dropping over 4%.
In the bond market, government bond futures generally fell. In terms of commodities, most domestic commodity futures rebounded, with Shanghai gold and silver rising over 6%. Core market performance:
<blockquote>
A-shares: As of the time of writing, the Shanghai Composite Index rose 0.20%, the Shenzhen Component Index fell 0.78%, and the ChiNext Index fell 1.82%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/b53459d0-9393-478c-b892-674e8cb3de63.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/b53459d0-9393-478c-b892-674e8cb3de63.png"/>
Hong Kong stocks: As of the time of writing, the Hang Seng Index was flat, and the Hang Seng Tech Index fell 1.60%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/0923cfce-c5f6-405e-886e-f157373e8d50.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/0923cfce-c5f6-405e-886e-f157373e8d50.png"/>
Bond market: Government bond futures fell across the board. As of the time of writing, the 30-year main contract fell 0.05%, the 10-year main contract fell 0.03%, the 5-year main contract fell 0.05%, and the 2-year main contract fell 0.02%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/716f8f9a-8be7-4763-a05f-c243352fb33a.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/716f8f9a-8be7-4763-a05f-c243352fb33a.png"/>
Commodities: Most domestic commodity futures rose. As of the time of writing, Shanghai silver rose 7%, Shanghai gold and tin rose 6%, palladium rose over 5%, fuel oil and platinum rose over 4%, Shanghai copper, nickel, and lithium carbonate rose over 3%, glass, Shanghai aluminum, asphalt, and coking coal rose over 2%, and stainless steel, polysilicon, coke, and rubber rose over 1%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/16db3cb0-feca-4c79-8f61-a069ccce1e77.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/16db3cb0-feca-4c79-8f61-a069ccce1e77.png"/>
</blockquote>
09:57
A-share liquor stocks surged again, with Huangtai Wine hitting the daily limit, marking five consecutive trading days of gains, followed by JGJC, Moutai, LZLJ, and SHANXI FEN WINE rising as well
09:53
The Hang Seng Index turns positive, with China Shenhua up over 4% and CNOOC up over 2%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/5d69b106-94f5-4428-84e2-a9e0aab13d56.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/5d69b106-94f5-4428-84e2-a9e0aab13d56.png"/>
09:49
Coal stocks surge, with YANKUANG ENERGY, Shaanxi Heimao, and YNCE hitting the daily limit, while CHINA COAL, DYEC, and Jincheng Anthracite Coal also see significant gains.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a539344b-0af3-45d2-9ee4-3aeca619c1a5.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a539344b-0af3-45d2-9ee4-3aeca619c1a5.png"/>
09:45
Hong Kong chip stocks decline at the start, with Fudan University down over 6%, Hua Hong Semiconductor down over 4%, Zhaoyi Innovation down over 3%, and SMIC down nearly 3%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/67a94ee2-67f4-4d6b-9d56-7c93a38d720b.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/67a94ee2-67f4-4d6b-9d56-7c93a38d720b.png"/>
09:41
The ChiNext Index falls by 2%, with NewEase Technology and Zhongji Xuchuang down over 9%, and Tianfu Communication and BlueFocus down over 4%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ebf194e3-a460-46db-940d-323799f59c68.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/ebf194e3-a460-46db-940d-323799f59c68.png"/>
09:36
The Hang Seng Tech Index's intraday decline expands to 1.3%. Kingdee International drops over 8%, while Hua Hong Semiconductor, Trip.com, and Kingsoft drop over 3%.
09:26
The Shanghai Composite Index opens down 0.08%, and the ChiNext Index falls 0.8%. The AI computing power industry chain declines, with memory and CPO sectors leading the drop; semiconductor and consumer electronics themes also see significant declines. Gold, base metals, and oil and gas sectors rebound.
09:21
The Hang Seng Index opens down 0.14%, and the Hang Seng Tech Index falls 0.87%. Zijin Mining rises over 2%, and CNOOC rises nearly 2%. Most tech stocks decline, with Meituan, Kuaishou, Tencent Holdings, Trip.com, and Hua Hong Semiconductor leading the losses.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f851a832-6768-4b5d-8e6e-f79ad3b91735.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f851a832-6768-4b5d-8e6e-f79ad3b91735.png"/>
09:16
The central parity rate of the RMB against the USD is reported at 6.9533, up 75 points; the previous trading day's central parity was 6.9608, and the official closing price was 6.9362, with the previous night's closing at 6.9397.
09:01
Commodity futures open, with the main contract for Shanghai silver up over 7%, Shanghai tin up over 6%, Shanghai gold up nearly 6%, fuel oil up over 4%, and Shanghai copper, international copper, LU fuel oil, and styrene up over 3%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/7e1f1ee6-77c0-4a39-b009-14691f1db522.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/7e1f1ee6-77c0-4a39-b009-14691f1db522.png"/>

Coal stocks surged, YANKUANG ENERGY, Shaanxi Heimao, and YNCE hit the daily limit, while CHINA COAL, DYEC, and Jinkong Coal also saw significant gains. A-shares in the liquor sector rose again, with Huangtai Wine reaching the daily limit, marking a five-day winning streak, while JGJC, Moutai, LZLJ, and SHANXI FEN WINE also followed suit. Hong Kong chip stocks initially declined, with Shanghai Fudan dropping over 6%, Huahong Semiconductor falling more than 4%, Zhaoyi Innovation down over 3%, and SMIC dropping nearly 3%

Wallstreetcn

YANKUANG ENERGY

China Coal Energy

JGJC

LZLJ

YNCE

SHANXI FEN WINE

Huangtai Wine

Shanxi Coking Coal

DYEC

Guotai CSI Coal ETF

CHINA COAL

Shaanxi Heimao

Moutai

The ChiNext Index fell over 2%, computing hardware stocks all declined, "Yi Zhongtian" plummeted, coal stocks surged, the Hang Seng Index dropped over 1%, chip stocks adjusted, and Shanghai gold and silver rose significantly