On March 7, A-Shares fell across the board. In early trading, all three indexes opened low and continued to weaken in the afternoon. As of the close, the Shanghai stock index fell 2.17% to 337286 points, fell below the 3400 point mark, the Shenzhen composite index fell 3.43% to 1257343 points, the record index fell 4.30% to 263037 points, the largest one-day decline in nearly a year.
In terms of individual stocks, the two markets generally fell, with more than 3800 individual stocks falling. In terms of transactions, the Shanghai and Shenzhen stock markets traded 1024.6 billion yuan throughout the day. Northbound funds sold a net 8.271 billion yuan unilaterally throughout the day, including 5.286 billion yuan for Shanghai Stock connect and 2.985 billion yuan for Shenzhen Stock connect.
On the disk, three child related concept stocks were strong throughout the day, and relevant sectors such as nursery, assisted reproduction and education rose sharply. GEM stocks Kidswant Children Products Co.Ltd(301078) , Jiayi technology and Wuxi Hodgen Technology Co.Ltd(300279) rose by the limit. The pharmaceutical business sector was stronger in shock, and the gem stock Dajia Weikang 2 connected board. Aviation, tourism and track stocks damaged by the epidemic fell sharply today, Contemporary Amperex Technology Co.Limited(300750) down more than 7%.
Contemporary Amperex Technology Co.Limited(300750) tumbled
At the opening of today’s trading, Contemporary Amperex Technology Co.Limited(300750) staged a sharp decline. As of the closing, Contemporary Amperex Technology Co.Limited(300750) reported 454.89 yuan, a sharp decline of 7.5%, and the market value decreased by about 86 billion yuan.
According to public information, as of September 30, 2021, based on the number of shareholders of Contemporary Amperex Technology Co.Limited(300750) 134193, 1344000 shareholders had a per capita loss of 630000 yuan today alone.
Last Friday, Contemporary Amperex Technology Co.Limited(300750) has fallen below the annual line for the first time since November 20, 2019; At the same time, according to media statistics, nearly 90% of auto stocks also fell, with the average share price falling by 5.72%, and the market value evaporated by 617.67 billion yuan.
What happened to the car sector? In terms of macro news, there are frequent bad news abroad, coupled with the fact that the boots of interest rate hikes in Europe and the United States have not yet landed, the prices of crude oil and grain have soared, inflation has hit like a storm and other negative news.
At present, the biggest bad news in China’s new energy vehicle market should be the sharp rise in the price of lithium materials, which led to many vehicle enterprises announcing price increases one after another, which eventually led to a variety of negative news at the market level.
At the national two sessions opened last weekend, Premier Li Keqiang clearly pointed out in his government work report that this year, we will continue to support the sales of new energy vehicles on the policy side to stimulate consumption; At the same time, Xiao Yaqing, Minister of the Ministry of industry and information technology, also said that the sales of Shanxi Guoxin Energy Corporation Limited(600617) cars in the first two months of this year were very good, more than doubling. It is expected that the expected target can be achieved this year, which may significantly exceed the expected target.
margin trading “early warning” increased
In the crash, margin trading has become the focus of the market. On Monday morning, it was reported that the “early warning” of customers in the business department of a securities firm in Shenzhen increased. According to the daily economic news, a person from the business department of a securities firm pointed out that the risk of financiers in its business department is still controllable and there is no large-scale triggering of early warning. However, the recent market environment is complex, and investors should be cautious when adding leverage.
Last Friday, the net outflow of financing funds was 5.336 billion yuan, and the current market maintenance proportion is 275.9%
According to the financial terminal data of China stock market news choice, on March 3 and 4, the two financial balances of Shanghai and Shenzhen fell for two consecutive days. Among them, 65.791 billion yuan of financing purchase and 71.127 billion yuan of financing repayment occurred in the two cities all day on the 4th, and the net outflow of financing funds was 5.336 billion yuan.
According to the data of securities companies, as of the closing on March 4, the financing balance of the two cities was 1628106 billion yuan, the securities lending balance was 94.844 billion yuan, and the total balance of securities lending and financing was 1722950 billion yuan, accounting for 6.99% of the transaction volume of the two cities on the same day.
There is no doubt that with the intensification of overseas geopolitical conflicts recently, the A-share market is facing a complex and changeable external situation. Whether leveraged transactions such as margin trading can be stable is the focus of the market.
