SZSE Component Index Could Extend 1.22% Rally on 10 April Amid Global Tech Momentum
Key Highlights:
The SZSE Component Index climbed 115.21 points or 1.22% on 9 April 2025, closing at 9,539.89, marking a strong day for China’s Shenzhen stock exchange, which is heavily weighted in technology, electronics, and new energy sectors.
The gains were supported by government policy expectations, favorable valuations, and the continuation of the tech sentiment wave that is spreading globally, especially following the Nasdaq Composite’s 12.16% jump.
SZSE Component Index Summary – 9 April 2025
| Metric | Value |
|---|---|
| Opening | 9,271.24 |
| Day’s High | 9,591.81 |
| Day’s Low | 9,119.60 |
| Closing Price | 9,539.89 |
| Previous Close | 9,424.68 |
| Gain | +115.21 pts (+1.22%) |
| 52-Week High | 11,864.11 |
| 52-Week Low | 7,908.52 |
Key Drivers Behind the Rally
- Tech Momentum: Shenzhen-listed firms in semiconductors, AI, and green tech rebounded sharply.
- Policy Optimism: Speculation about broader economic support from Beijing ahead of GDP data.
- Investor Rotation: Shift from value to growth stocks amid low valuations and global cues.
- Retail Participation: Surge in turnover signals renewed domestic investor confidence.
Nasdaq’s 12% Tech Explosion Sets the Stage for SZSE Gains
The Nasdaq Composite’s historic 12.16% rise on 9 April has global spillover potential, especially in tech-heavy markets like the SZSE Component Index.
Implications for SZSE:
- Tech Correlation: SZSE tech firms often trade in tandem with U.S. peers.
- Increased Risk Appetite: Global investors may rotate into Chinese growth stocks, seeking value.
- Cross-Market Influence: Nasdaq’s performance enhances investor psychology across Asian markets.
SZSE Component Index Prediction – 10 April 2025
Sentiment Expectation:
Bullish, with a potential gap-up open and strong momentum in tech and consumer electronics.
Expected Opening Range:
Up 0.6% to 1% based on Asian futures and Nasdaq’s performance.
Sectors to Watch:
- Semiconductors: Will Semiconductor, Goertek, and BYD Electronics poised for further gains.
- EV & Battery: Firms like Eve Energy and Gotion may rise with the global green wave.
- AI & Software: Strong interest likely in firms working with state AI infrastructure projects.
Market Signals to Monitor
- Local Economic Indicators: GDP forecasts, retail sales data could confirm growth rebound.
- Policy Announcements: Any move from the PBOC or NDRC could further excite markets.
- Global Currency Moves: A stable yuan vs. USD could attract foreign fund inflows.
- Tech Sector Volumes: Sustained volume in Shenzhen tech may signal durable rally legs.
Technical Analysis: Key Levels to Watch
| Level Type | Value |
|---|---|
| Resistance 1 | 9,600 |
| Resistance 2 | 9,680 |
| Support 1 | 9,430 |
| Support 2 | 9,270 |
| 200-Day MA | 9,810 |
A strong close above 9,600 would confirm bullish breakout continuation. Watch 9,430 for consolidation support.
Analyst View: SZSE Has Room to Run on Global Tailwinds
“The SZSE Component Index is undervalued compared to other global peers. With Nasdaq’s massive rally, there’s renewed institutional interest in China’s tech and EV sector,” said Ming Zhao, Head of Research at Guotai Junan Securities.
SZSE Likely to Extend Gains on 10 April
Following its 1.22% surge on 9 April, the SZSE Component Index appears poised for a strong upside move on 10 April 2025, especially as global tech euphoria from Nasdaq lifts risk appetite across Asia.
If macro fundamentals align and foreign flows stay steady, the Shenzhen market could reclaim higher territory led by AI, chip, and EV sectors in the short term.
The Hindustan Herald Is Your Source For The Latest In Business, Entertainment, Lifestyle, Breaking News, And Other News. Please Follow Us On Facebook, Instagram, Twitter, And LinkedIn To Receive Instantaneous Updates. Also Don’t Forget To Subscribe Our Telegram Channel @hindustanherald
