Affected by the sharp decline of Hong Kong stocks, the A-share market continued to decline. The Shanghai index hit a new low this year, the largest one-day decline in two years, falling below 3100 points. It closed at its lowest point today, and there was no sign of rebound in the afternoon. As of the close, the stock index fell 4.95% to close at 306397 points. The Shenzhen composite index fell 4.36% to close at 1153724. The gem index fell 2.55% to close at 250478. The net sales of northbound funds throughout the day were 16.024 billion yuan, exceeding 10 billion yuan for two consecutive days, including 8.864 billion yuan for Shanghai Stock connect and 7.161 billion yuan for Shenzhen Stock connect.
On the disk, the concept stocks of electronic ID cards continued to strengthen, and the GEM stocks Hangzhou Everfine Photo-E-Info Co.Ltd(300306) rose by 2 boards and Linewell Software Co.Ltd(603636) 3 boards Zhejiang Construction Investment Group Co.Ltd(002761) trading limit became the strongest crossing stocks in the two cities, driving the rebound of infrastructure stocks. However, dragged down by the decline of the index, most stocks rose and fell. Cyclical stocks led the adjustment range, and many sectors fell sharply in a row. Overall, individual stocks fell more and rose less. More than 4400 individual stocks fell in the two cities, less than 300 rose, and more than 100 stocks fell by the limit. The turnover of Shanghai and Shenzhen stock markets today was 1124.3 billion, 161.3 billion higher than that of the previous trading day
On the whole, the market continued to plummet, which was greatly affected by the external market. The sharp decline of American Chinese concept stocks led to the continuous sharp decline of Hong Kong A shares. Technically, the Shanghai index broke the previous low or will usher in bottom reading funds again. In terms of operation, it is recommended to focus on low absorption. It is not suitable to hand over chips with blood in this position. Wait for the market to repair before choosing the opportunity to reduce positions.
