I. disk view
The market fluctuated all day, and the gem index led the decline to a new low. On the disk, the food processing sector rose sharply, the agricultural sector continued to strengthen, Zhongnongfa Seed Industry Group Co.Ltd(600313) 3 connected to the board. In terms of decline, many heavyweights on the gem fell sharply, Sungrow Power Supply Co.Ltd(300274) fell by the limit, Contemporary Amperex Technology Co.Limited(300750) fell by more than 7%. In addition, the real estate sector adjusted again. The turnover of Shanghai and Shenzhen stock markets today was 820.7 billion, up from 41.3 billion on the previous trading day. In terms of sectors, hotels and catering, food processing and manufacturing, scenic spots and tourism, planting and forestry led the increase, while coal, metal zinc, steel, real estate development and other sectors led the decline. As of the close, the Shanghai index fell 1.35%, the Shenzhen composite index fell 2.07% and the gem index fell 3.66%. Northbound funds sold a net 5.288 billion yuan throughout the day, including 3.286 billion yuan for Shanghai Stock connect and 2.001 billion yuan for Shenzhen Stock connect.
II. message
1. [Nanning: a small number of real estate projects have been subject to key supervision due to the risk of overdue delivery]
Cailian news agency, April 20 – in response to the news of “uncompleted real estate projects in Nanning” released by netizens on the Internet platform, on April 19, Nanning housing and Urban Rural Development Bureau of Guangxi issued a clarification announcement saying that the news was untrue. The clarification announcement shows that in view of the risks of shutdown and overdue delivery of a small number of real estate projects, Nanning Municipal Party committee and government attach great importance to it, set up a special class for risk prevention, control and disposal of key real estate at the municipal and urban levels to carry out work, formulate “one floor and one policy” for risk projects, and make every effort to achieve the goal of “ensuring delivery of buildings, people’s livelihood and stability”. Key supervision has been implemented on the current possible risk projects to ensure the local safety of funds and assets.
2. [Beijing achieved a GDP of 941.34 billion yuan in the first quarter, with a year-on-year increase of 4.8%]
According to the press conference on Beijing’s economic operation on April 20, Beijing achieved a regional GDP of 941.34 billion yuan in the first quarter, a year-on-year increase of 4.8%, 0.1 percentage points higher than the average growth rate in 2021, and achieved a smooth start.
