Today, a total of 42 shares rose by the limit, including 6 stocks connected to the board and 44 stocks sealed and blasted the board, with a closing rate of 49% (excluding ST shares, delisted shares and unopened new shares). In terms of individual stocks, Zhongxing Shenyang Commercial Building Group Co.Ltd(000715) 7 days 6 boards, Yinchuan Xinhua Commercial (Group) Co.Ltd(600785) , Hunan Development Group Co.Ltd(000722) , Shanghai Geoharbour Construction Group Co.Ltd(605598) 3 boards. On the disk, 744 stocks rose, 3906 stocks fell, and 374 stocks fell by more than 9%. Textile and clothing, agriculture, coal, securities and other sectors led the decline.
China International Capital Corporation Limited(601995) pointed out that the current market characteristics are as follows: 1) from the transaction level, the corresponding turnover rate of recent market transactions has been close to about 2%, which is at a historical low, and the scale of net reduction of industrial capital has also decreased significantly; 2) In terms of valuation, after adjustment, the equity risk premium of CSI 300 is close to twice the standard deviation above the average again, and the valuation close to the low point in March 2020 is more extreme; 3) From the perspective of market behavior, the stable growth style with relative performance in the early stage showed signs of making up for the decline; 4) In terms of policies, the central bank, China Securities Regulatory Commission, China Banking and Insurance Regulatory Commission, safe and other departments have recently made positive statements on the recent economic situation and capital market environment, and resolutely maintained economic and market stability.
Market Overview
Indicators show that the market’s short-term sentiment fluctuated mainly in the freezing point area in the morning. It once rebounded to the downturn area, and continued to fall below the freezing point in the end.
In terms of individual stocks, Zhongxing Shenyang Commercial Building Group Co.Ltd(000715) reversed the daily limit, Yinchuan Xinhua Commercial (Group) Co.Ltd(600785) , Hunan Development Group Co.Ltd(000722) , Shanghai Geoharbour Construction Group Co.Ltd(605598) 3 connected the board. Meanwhile, 374 shares in the market fell by more than 9%, and the loss effect of individual stocks is still obvious.
In terms of the index, it surged in the morning and entered a unilateral decline again in the afternoon. The Shanghai index fell 1.44% and the gem index fell 0.85%.
Northbound funds bought a total of 1.543 billion yuan today. Among them, the Shanghai stock market sold 278 million yuan and the Shenzhen stock market bought 1.821 billion yuan.
focus sectors and individual stocks
Stimulated by favorable conditions, the retail department store sector strengthened again, Zhongxing Shenyang Commercial Building Group Co.Ltd(000715) , Yinchuan Xinhua Commercial (Group) Co.Ltd(600785) 3 board, Guangzhou Grandbuy Co.Ltd(002187) , Shanghai Xujiahui Commercial Co.Ltd(002561) , Zhongbai Holdings Group Co.Ltd(000759) , Nanning Department Store Co.Ltd(600712) , Fujian Dongbai (Group) Co.Ltd(600693) limit. On the news front, the general office of the State Council issued the opinions on further releasing consumption potential and promoting the sustainable recovery of consumption.
The infrastructure sector also performed well, Shanghai Geoharbour Construction Group Co.Ltd(605598) 3 connected board, Xinjiang Guotong Pipeline Co.Ltd(002205) , Zhejiang Construction Investment Group Co.Ltd(002761) , Guangdong Sanhe Pile Co.Ltd(003037) , Shandong Hi-Speed Road&Bridge Co.Ltd(000498) limit. This direction is similar to that of the consumption sector. It is basically expected that there will be relevant positive incentives in the future. In the current environment, investors have great expectations for increasing infrastructure investment and stimulating consumption.
Pharmaceutical stocks also showed some performance. The hepatitis treatment concept Shanxi Zhendong Pharmaceutical Co.Ltd(300158) , Shuangcheng pharmaceutical, Changzhou Qianhong Biopharma Co.Ltd(002550) and Inner Mongolia Furui Medical Science Co.Ltd(300049) and West Point pharmaceutical rose by more than 12%. In addition, there are Shanghai Fosun Pharmaceutical (Group) Co.Ltd(600196) , China National Medicines Corporation Ltd(600511) , Shandong Xinhua Pharmaceutical Company Limited(000756) , Nanjing Well Pharmaceutical Group Co.Ltd(603351) , Qianjiang Yongan Pharmaceutical Co.Ltd(002365) . Some stocks are stronger and more independent. The sector has been in a state of negative decline recently, and many targets have been halved relative to the previous high.
In a weak environment, performance announcement stocks perform relatively well Zhejiang Tony Electronic Co.Ltd(603595) 2 connecting sector, Hand Enterprise Solutions Co.Ltd(300170) , Sichuan Teway Food Group Co.Ltd(603317) , Fu Jian Anjoy Foods Co.Ltd(603345) , tianyoude liquor, Jinhui Liquor Co.Ltd(603919) , Perfect World Co.Ltd(002624) , Zhejiang Starry Pharmaceutical Co.Ltd(603520) , etc. From the perspective of industry attributes, low-level food and other consumer stocks are more recognized by funds.
Textile and garment sector led the decline today, with nearly 40 related stocks falling by the limit. From the subject matter of the limit, short-term funds basically rush ahead regardless of costs, such as Anhui Jinchun Nonwoven Co.Ltd(300877) , Shandong Nanshan Fashion Sci-Tech Co.Ltd(300918) , Fujian Septwolves Industry Co.Ltd(002029) , Shenzhen Ellassay Fashion Co.Ltd(603808) , Hubei Mailyard Share Co.Ltd(600107) , Zhejiang Red Dragonfly Footwear Co.Ltd(603116) and so on. If there is no pull-up in the previous few days, these stocks may still be able to shrink horizontally and continue to “pretend to be dead” in the past few days. Short term capital intervention, but the pull-up strength is limited, resulting in the follow-up rush, direct drop and break, and obvious liquidity killing behavior.
On the whole, the market is in a new bottom seeking stage. Today, the capital is mainly reducing positions, and the repair of confidence takes time. From the performance of securities companies, there is strong pessimism, Huaxi Securities Co.Ltd(002926) , Guoyuan Securities Company Limited(000728) , China Securities Co.Ltd(601066) , Northeast Securities Co.Ltd(000686) , Sinolink Securities Co.Ltd(600109) , etc. are all broken down.
today’s trading limit analysis chart:
