April 7th Pre-market Morning Report: Hot Topics

This recap and news roundup are only my personal stock-market summaries and organization; they are not stock recommendations. Please do not follow along and trade based on this [TaoGuba].
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No.1 Pre-market Hot Events

I. Yesterday’s highlights
Optical communications: Huiyuan Communications
Innovative drugs: JinYao Pharmaceutical
Computing power: Wangda Software
Cross-border payments: Cuierui Shares

II. Apple’s first foldable-screen smartphone is already in trial production
Foxconn is already in trial production of Apple’s foldable iPhone. In 2025, a reporter learned from supply-chain companies that Apple’s shipment target guidance provided to suppliers is for the first foldable-screen phone to be launched in the second half of 2026—an iPhone with a “big” foldable screen.
Foldable screen: Yian Technology, Jingyan Technology, Kesen Technology, LianDe Equipment

III. Megawatt-class hydrogen-fueled aviation turboprop engine completes first flight successfully
On April 4, the AEP100 megawatt-class hydrogen-fueled aviation turboprop engine, independently developed by the Hunan Power Machinery Research Institute of the China Aero-Engine Corporation, was successfully flown for its first time after being installed with a 7.5-ton-class unmanned transport aircraft at Zhuzhou Lusong Airport. This is the first-ever trial flight of a megawatt-class hydrogen-fueled aviation turboprop engine globally. It marks that China has already connected the full technical chain—from core components to full-system integration—in the field of hydrogen-fueled aviation engines. It validates engineering reliability of matching hydrogen-fueled power systems with flight platforms, laying a key foundation for subsequent industrialized applications of hydrogen-energy aviation.
Hydrogen fuel: Beijing Jingcheng Shares, Xiongtan Shares, Jiuming Energy, Houpu Shares

IV. China’s cross-border renminbi payment system breaks 1.2 trillion yuan in a single day
According to the website data of the Cross-border Interbank Payment System (CIPS) Limited Liability Company, the daily average transaction value of the CIPS reached 920.5 billion yuan, the highest level in the past 12 months. And on April 2, the single-day transaction value further rose to 1.22 trillion yuan. Since the February 28 military strikes by the U.S. against Iran, when traditional safe-haven assets represented by U.S. Treasury bonds failed to perform their hedging function, global investors have increasingly shifted their allocation focus to China. In the past month, not only have China’s government bond yields remained stable, but the renminbi has also appreciated against the trend. Renminbi assets are becoming a new refuge amid the Middle East crisis.
Cross-border payments: Cuierui Shares, Oil Capital, Yuyin Shares, Sifang Jingshi, La Ka La

V. Rumor: DeepSeek V4 will use Ascend’s latest chip
The Information reports that DeepSeek-V4 is set to be launched and will use Ascend’s latest chips.
Ascend: Chuanrun Shares, Taijia Shares, Hamei Technology
DeepSeek: Daily Interaction

VI. Football Super League to start intensively in April
Zhejiang Province: April 6 (the opening match has the Jiaxing team at home vs the Quzhou team)
Jiangsu Province: April 11 (the first round of the regular season, with the Changzhou team hosting the Nantong team)
Hubei Province: April 12 (the opening match is held in Huangshi, covering all 17 cities and prefectures in the province)
Shandong Province: April 18 (opening of the Qilu Football Super League)
Guangdong Province: April 25 to 26 (the first round is held simultaneously across 10 cities in the province)
World Cup ticket prices rise; the World Cup most expensive tickets for the U.S., Mexico, and Canada exceed 75,000 yuan. (6.11-7.19)
Football: Chuangchuang Turf, Jinling Sports

VII. The Middle East war triggers a surge in European heat pump heating demand
In February this year, exports of heat pumps from China to Europe increased sharply. As the Middle East war causes energy prices to surge further, it will also drive Europe’s heat pump demand. And the EU industrial accelerator act will shift pure export models toward cooperation models. Analysts say that in January to February 2026, China’s heat pump export value year over year grew by more than 50%. Among them, export value in February rose 81.8% to 930 million yuan, mainly to the European market. The Middle East war has caused oil and natural gas prices to skyrocket over the past month, which will further boost the growth of Europe’s heat pump demand.
Heat pumps: Sunrise East, Wanhe Electrical, Haimiao Zhugong, AoKeMa

VIII. Industry news

1. China’s AI large model usage volume rose by more than 31% quarter-over-quarter, surpassing the United States for five straight weeks. (March 30 to April 5) (AoruiDe, Hongjing Technology)
2. A major breakthrough has been made in China’s sodium-ion batteries, completely blocking thermal runaway. (ChuanYi Technology)
3. Samsung Electronics will further raise DRAM prices by 30% in the second quarter. (Demingli, Boweichun Storage)
4. Ministry of Industry and Information Technology: Attackers can use exploit tools targeting end products from Apple to carry out cyberattack activities, which may lead to serious harms such as information theft and system takeover. (GuoAn Shares)
5. The General Office of the National Data Bureau solicited public opinions on the “Guidelines for Data Property Rights Registration (Trial)” (Shensangda A).
6. At the 2026 Space Computing Power Industry Conference, the “Space Computing Power Professional Committee” in the development formation of the computing power industry was established. (Shunhao Shares)
7. In 2025, China’s core industry scale for commercial space exceeded 1 trillion yuan.
8. United Arab Emirates Global Aluminum Industry Co., Ltd.: restoring Abu Dhabi’s aluminum production may take up to one year.
9. Nine departments jointly issued the “2026 Work Plan for Upgrading Service Consumption and Benefiting the People.”
10. The Ministry of Industry and Information Technology issued a notice on “Further Strengthening the Construction of a Recycling and Utilization System for Lithium-Ion Batteries in Electric Bicycles”
11. The Ministry of Commerce and six other departments issued guidance on better serving the real economy and promoting high-quality development of e-commerce.
12. The White House released the FY2027 budget proposal. According to the Trump administration’s plan, U.S. military spending would soar by 44%, reaching $1.5 trillion, the highest in U.S. history.
13. At 8:00 AM Beijing time on April 8, the Trump ultimatum on carrying out attacks on Iran’s power plants and bridges expires.

No.2 Announcement Highlights

I. Routine announcements
Yunnan Germanium: Plans to invest 189 million yuan to build a high-quality indium phosphide single-crystal wafer project to meet demand in the optical communications market
Bozhong Precision: As of March 31, the company’s total outstanding orders were 12k yuan, up 163.78% year over year
Rundu Shares: The hydrochloride injection of norau-oxcaine hydrochloride received a drug registration certificate
InnoLight Electronics: Plans to raise no more than 1 billion yuan via a private placement to controlling shareholders for research and industrialization projects such as high-end industrial-grade chip development

II. Q1 report performance
Qiangyi Shares: Q1 net profit of 106 million to 121 million yuan, representing a year-over-year guidance increase of 655% to 762%; mature MEMS probe card product orders continue to expand
Dongyue Silicone Materials: Q1 net profit of 183 million to 203 million yuan, representing a year-over-year guidance increase of 397.02% to 451.34%; prices of key products in the organic silicon industry are rising

III. Trading suspension and resumption
Yilida: Trading resumes; the actual controller will be changed to the Finance Bureau of Tongxiang City
Zhuhai Zhongfu: Trading resumes; Hengqin Xingying will become the controlling shareholder of the company

Hengxin Orient: Trading suspended for one day, ST Hengxin
Shandong Zhanggu: Trading suspended for one day, ST Zhanggu
Haitai Technologies: Trading suspended; planning to acquire control of Xuyu Shares and to raise supporting funds

IV. Minefield alerts
Molds Technology: Shareholders plan to reduce their holdings by 3.00%
Colin Electric: Shareholders plan to reduce their holdings by 3.00%
Mingxin Xuteng: Shareholders plan to reduce their holdings by 2.00%
Kunbo Precision: Shareholders plan to reduce their holdings by 2.00%
Xili Technology: Shareholders plan to reduce their holdings by 1.21%

*ST Guandian: Filed by the CSRC for investigation due to alleged violations of information disclosure regulations
Hangjin Technology: Filed by the CSRC for investigation due to alleged violations of information disclosure regulations
Tech. Sci. Digital: Filed by the CSRC for investigation due to alleged violations of information disclosure laws and regulations
Xianhe Shares: One of the company’s actual controllers, Wang Minglong, was filed for investigation due to alleged short-swing trading
Zhunyou Shares: There may be a risk warning of delisting for the stock
Juguang Technology: All disclosed targeted projects related to laser radar have been cancelled
Shuangta Food: The EU initiated an anti-dumping investigation into China’s pea protein. The dumping tax rate applicable to the company’s involved products is 112.7%
Unblocked market value this week: Citic Metals 49.7 billion, Baisi Shares 7.3 billion, Yuntian Liffei 7.2 billion, DianDian Gang 7.1 billion

V. Abnormal movement announcements
Guangsheng Tang: HBV innovative drug is still in the R&D stage
Deke Li: In the company’s financial budget and performance plan for the past two to three years, OCS products have not been included in expectations
Xinghui Huancai: The company’s polystyrene products’ main raw material is styrene. Large fluctuations in raw material prices may bring significant management difficulty for the company

VI. Ongoing updates

No.3 Global Markets

I. Global markets
All three major U.S. stock indexes closed higher collectively; the storage chip sector rose. Seagate Technology rose more than 5%, while Western Digital and SanDisk rose more than 3%.
Popular Chinese concept stocks saw mixed gains and losses, and the benchmark index for the Leaders of Chinese concept stocks from Li Zhuo-Mo closed up 0.16%.

II. Popular U.S. stocks and Chinese concept stocks

III. Commodities (after-hours products)