GuShiio.com News Brief: February 10 Stocks soared, A shares opened with a good start, technology and consumer sectors led the gains, market sentiment was high

A-shares start strong: On February 10, the three major A-share indexes fluctuated and strengthened in the morning, narrowed the gains in the afternoon, and rose again in the late trading. As of the close, the Shanghai Composite Index rose 1.01%, the Shenzhen Component Index rose 1.75%, and the ChiNext Index rose 2.53%.
Hong Kong stocks performed strongly: The Hang Seng Index fluctuated and strengthened as a whole, rising by more than 300 points in the morning, and slightly gave up the gains in the afternoon. The Hang Seng Index closed up 1.16% at 21,133.54 points, and the Tech Index closed up 1.80% at 5,150.35 points.
European stocks closed down across the board: Major European stock indices closed down across the board, with Germany’s DAX30 index closing down 0.53%, Britain’s FTSE 100 index closing down 0.31%, and Europe’s STOXX 50 index closing down 0.58%.

Technology sector is strong: AI applications, semiconductor equipment, robot concepts and other technology sectors performed strongly and became the focus of funds. DeepSeek concept continued to rise sharply, and Qingyun Technology, UCloud, Capital Online and other stocks hit the daily limit.
Benefit from consumption recovery: Domestic tourist arrivals and revenue during the 2025 Spring Festival holiday increased significantly year-on-year, and movie box office hit a record high, and the consumer sector is expected to benefit. Duty-free, smart home and other consumer sectors benefited from the recovery of demand after the holiday.
Photovoltaic sector active: Photovoltaic sector active throughout the day, Shuangliang Energy Saving, Junda shares and other stocks rose to the limit.

Haitong Securities terminated its listing application: Haitong Securities filed an application to terminate its listing.
Aupumai resumed trading: Aupumai announced that it intends to purchase 100% of the equity of Pengli Bio, and its stock resumed trading.
Dongfeng Motor Group reorganization: Dongfeng Shares and Dongfeng Technology announced that the indirect controlling shareholder Dongfeng Motor Group Co., Ltd. is planning a reorganization.

Institutional Optimism: Many institutions remain optimistic about the A-share market in February and March, especially in the field of technology and policy expectations. Many institutions recommend that investors pay attention to investment opportunities in the fields of AI applications and emerging consumption.
Capital Inflow: The market volume increased significantly this week, and both financing and foreign capital inflows showed a small amount this week.
Technical Pressure: After the continuous rebound of A-shares before the holiday, the main indexes approached the key resistance level, and some funds may choose to take profits after the holiday.

Consumption Recovery: Domestic tourist arrivals and income during the 2025 Spring Festival holiday increased significantly year-on-year, movie box office hit a record high, and the consumer sector is expected to benefit.
Policy Expectations: The central bank cut the reserve requirement ratio before the holiday to release liquidity, and the market’s expectations for further stabilizing growth policies before the two sessions may boost sentiment.
Foreign capital inflows: US technology stocks led the gains during the Spring Festival, and Hong Kong stocks had a good start on the first day of the Year of the Dragon. The recovery of foreign risk appetite may drive northbound funds back to A-shares.