This morning, more than 4100 stocks fell, agriculture, aquaculture and covid-19 concepts rose against the trend, and oil and gas, lithium ore, photovoltaic, water conservancy, three child concept, small metals and electricity led the decline.
In early trading, the main indexes remained low and volatile after opening low. As of noon, the Shanghai index fell 2.16%, the Shenzhen Component Index fell 2.46%, and the gem index fell 2.55%. The half day turnover of the two cities reached 600 billion yuan, a contraction of 107.5 billion yuan compared with yesterday; 4169 stocks fell and 531 rose.
On the disk, the agricultural sector rose strongly, with Lontrue Co.Ltd(300175) rising by more than 16%, and Jinjian agriculture, Shenzhen Kingsino Technology Co.Ltd(002548) , Hainan Jingliang Holdings Co.Ltd(000505) rising by the limit; Covid-19 treatment sector stocks continued to rise, China Meheco Group Co.Ltd(600056) out of the second board, Fujian Cosunter Pharmaceutical Co.Ltd(300436) , Frontier Biotechnologies Inc(688221) , Zhejiang Jianfeng Group Co.Ltd(600668) , etc.
Northbound funds were sold for the fifth consecutive day, with a net sales of 3.895 billion yuan in the morning.
At the morning meeting of securities companies today, CICC said that the valuation of A-share market has returned to a relatively low level in history; Galaxy Securities said that when the time comes to accumulate strength, the allocation value of A-Shares will gradually appear Northeast Securities Co.Ltd(000686) said that in 2022, the CPI will approximately show the first low and then high.
oil and gas, tourism, electricity and precious metals led the decline
From the perspective of industry sectors, oil and gas, tourism, electricity, precious metals and other sectors fell fiercely, and the oil and gas sector fell by more than 4.7%.
Agriculture, aquaculture and traditional Chinese medicine have become one of the few sectors rising.
At this morning’s meeting, in terms of the market, CICC said that although the valuation has limited indicative significance for the short-term market trend, the attractiveness of medium and long-term valuation in the market has further increased after the recent correction. We suggest investors to wait patiently for the market to stabilize gradually. The supply risk caused by short-term geographical events and other factors may continue to ferment, aggravating the market’s concern about “stagflation”. On the whole, although the short-term global fluctuations are contagious and it still takes time to repair the sentiment of the Chinese market, we judge that the Chinese market is expected to show relative resilience in the global fluctuations in the medium term. In the follow-up, we will wait for the Chinese market to enter the “emotional bottom” depending on geographical events, epidemic situation and other factors; As the steady growth policy continues to work, we believe that the “bottom of growth” is expected to be seen around the second quarter.
leading stocks fell sharply
PetroChina fell nearly 4%, and China Oilfield Services Limited(601808) fell more than 6%
Heavyweight stocks, “900 billion market value oil leader” Petrochina Company Limited(601857) fell nearly 4% and China Oilfield Services Limited(601808) fell more than 6%.
In addition, the leading power stock Huaneng Power International Inc(600011) fell more than 8%.
Apple industry chain leader Luxshare Precision Industry Co.Ltd(002475) fell more than 6%.
Vaccine leader Chongqing Zhifei Biological Products Co.Ltd(300122) fell by more than 7%, and medicine leader Wuxi Apptec Co.Ltd(603259) fell by more than 6%.
China stock market news fell more than 5% and steel leader Baoshan Iron & Steel Co.Ltd(600019) fell more than 4%.
Yunnan Energy Investment Co.Ltd(002053) staged floor and ceiling, Giant Network Group Co.Ltd(002558) hit the daily limit
Green power concept stock Yunnan Energy Investment Co.Ltd(002053) rose by the limit, and the share price was staged on the ground and sky board, with the share price hitting a five-year high. On the news side, the construction of Tongquan wind farm project, a wholly-owned subsidiary, started.
In early trading, Yuan universe and game stocks rose and strengthened Giant Network Group Co.Ltd(002558) touched the daily limit, and Shenzhen Zqgame Co.Ltd(300052) , Hubei Century Network Technology Inc(300494) , Wuxi Boton Technology Co.Ltd(300031) , Bizconf Telecom Co.Ltd(300578) followed the rise.
In terms of news, this year’s government work report pointed out that we should improve the governance of the digital economy, release the potential of data elements, better enable economic development and enrich people’s lives. Members believe that in addition to the positive development of the legal system, the yuan will also represent the protection of the emerging economy.
China Meheco Group Co.Ltd(600056) six connecting sectors, Shanghai Labway Clinical Laboratory Co.Ltd(301060) , Wuhan Easy Diagnosis Biomedicine Co.Ltd(002932) two connecting sectors
In early trading, the covid-19 detection concept broke out again, China Meheco Group Co.Ltd(600056) increased the limit again, and 6 limits were recorded within 8 trading days, Shanghai Labway Clinical Laboratory Co.Ltd(301060) , Wuhan Easy Diagnosis Biomedicine Co.Ltd(002932) .
“assisted reproduction concept unit” Ningbo Menovo Pharmaceutical Co.Ltd(603538) 4 connecting board
In early trading, Ningbo Menovo Pharmaceutical Co.Ltd(603538) “one word limit” has closed four limit sectors in a row, up more than 55% in March.
On March 9, Ningbo Menovo Pharmaceutical Co.Ltd(603538) said on the interactive platform that Ningbo Menovo Pharmaceutical Co.Ltd(603538) Ruihe fund, the company’s related industry fund, had participated in MEC technology. MEC technology’s main business involves gynaecological testing, assisted reproduction and other fields. According to a number of media reports, the inclusion of multiple assisted reproductive technologies in medical insurance in Beijing, the supporting measures for improving the three child policy during the two sessions and the proposal on assisted reproduction at the two sessions have all been good for the industry. Assisted reproduction is also dancing in the context of encouraging fertility.
Hang Seng technology index once plunged nearly 9%
In early trading, Hong Kong stocks fell sharply, the Hang Seng Index fell nearly 4%, and the Hang Seng technology index once plunged nearly 9%. As of press release, the Hang Seng Index fell 3.22%, the Hang Seng technology index fell 7.69%, the world data fell nearly 18%, Jingdong fell nearly 16%, the beep dropped 11%, the US group, Kwai fell nearly 10%, Ali fell more than 6%, and Tencent fell nearly 5%.
