The A-share index fell in the early trading and then fluctuated widely. In the late trading, it accelerated its heavy volume decline and fell to 3400 points, a new low since August last year. All sectors on the disk showed a downward state. The decline of banks, covid-19 treatment and other sectors was less. There were intraday changes in the banking sector, Lanzhou bank closed the daily limit, Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) , Qilu Bank Co.Ltd(601665) and so on. Covid-19 treatment sector rose abnormally in the afternoon, Xinxiang Tuoxin Pharmaceutical Co.Ltd(301089) rose by more than 10%, and Andon Health Co.Ltd(002432) , Zhejiang Jianfeng Group Co.Ltd(600668) followed. In the early stage, popular concepts such as digital economy and domestic software led the decline. Only 18 stocks in the two cities rose by the limit, 265 stocks rose, more than 4300 stocks fell, and more than 100 stocks fell by the limit. As of the close, the Shanghai Composite Index fell 1.78%, the Shenzhen Component Index fell 2.77% and the venture capital edition fell 3.25%. The turnover of Shanghai and Shenzhen stock markets today was 822.9 billion, 28.7 billion more than that of the previous trading day. Northbound funds sold a net 14.624 billion yuan throughout the day, including 7.724 billion yuan for Shanghai Stock connect and 6.9 billion yuan for Shenzhen Stock connect.
Today, major fund companies announced that the self purchase of their funds is intended to boost the confidence of market investors.
Nanfang fund invested 50 million yuan to purchase its partial share public offering fund and has held it for more than 3 years. E fund contributed 100 million yuan; The Wells Fargo fund contributed 60 million yuan; Harvest fund invested 50 million yuan to purchase its partial share fund and hybrid public offering fund, and both promised to hold them for at least one year. GF fund invested 80 million yuan to purchase the equity public offering fund of the company and held it for more than one year.
