SSE Composite Index Rises 1.29% at Open on April 10, Fueled by Global Tech Optimism
The SSE Composite Index began today’s session with a solid 41.03-point gain, rising 1.29% to reach 3,227.84 in early trade. This follows the Nasdaq’s explosive 12.16% rally overnight and bullish momentum across Asia-Pacific markets.
Chinese equities are being lifted by strong investor sentiment in the tech, EV, and industrial sectors, with expectations of more policy support from Beijing.
SSE Snapshot – 10 April 2025 (9:25 AM CST)
| Metric | Value |
|---|---|
| Current Index | 3,227.84 |
| Opening | 3,227.84 |
| Day’s High | 3,227.84 |
| Day’s Low | 3,227.84 |
| Previous Close | 3,186.81 |
| Change | +41.03 pts (+1.29%) |
| 52-Week High | 3,674.40 |
| 52-Week Low | 2,689.70 |
Key Factors Behind the Upside Momentum
- Tech & AI Recovery: Following Nasdaq’s tech surge, Chinese tech giants are seeing early buying.
- Global Risk-On Mood: Asian markets such as KOSPI, TAIEX, and ASX 200 have all opened with 4–9% gains, signaling bullish spillovers.
- Domestic Policy Hopes: Traders expect potential stimulus moves ahead of Q2 GDP data.
- EV & Green Energy Surge: Sentiment favors renewable energy firms and lithium producers.
Top Gainers in Early Trading
- China Merchants Bank
- Sungrow Power Supply Co.
- Yutong Bus Co.
- SAIC Motor Corporation
- China National Software & Service
Technical Levels to Watch Today
| Level Type | Value |
|---|---|
| Resistance 1 | 3,245 |
| Resistance 2 | 3,280 |
| Support 1 | 3,200 |
| Support 2 | 3,180 |
If SSE Composite holds above 3,200, technical indicators suggest room for a test of 3,250–3,280 in the short term.
Analyst View
“China is tracking global sentiment, especially the U.S. tech rally. If this continues, we could see capital rotation from defensives into tech, finance, and green innovation plays,” says Lijuan Cheng, Market Strategist at Guotai Junan Securities.
SSE Joins the Asia Rally Wave on April 10
The SSE Composite Index has joined the broader Asia-Pacific rally, opening up 1.29% as optimism surrounding global tech, improving demand cycles, and domestic policy support drives sentiment.
Momentum looks strong for continued upside unless macroeconomic surprises derail the rally.
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