On Thursday, the three major A-share indexes rebounded unilaterally after jumping short and opening low. At the end of the day, they collectively closed red, with a record index amplitude of 2.18%.
As of the close, the Shanghai Composite Index rose 0.36% to 309696 points; The Shenzhen Composite Index rose 0.37% to 1125006 points; The gem index rose 0.5% to 237713.
On the disk, the industry sector rose more and fell less. Public transport, electrical equipment, real estate, semiconductors, construction, electricity and other sectors increased, while wine making, petroleum, daily chemical, banking, commercial chain and other sectors decreased.
As of the closing, the rise and fall ratio of all trading stocks in Shanghai and Shenzhen was 27611807, with 95 trading limits and 6 trading limits in the two markets.
In terms of northbound funds, the net inflow of northbound funds throughout the day exceeded 8.5 billion yuan, including 4.2 billion yuan from Shanghai Stock connect and 4.3 billion yuan from Shenzhen Stock connect.
In terms of individual stocks, the daily limit shares today are as follows: Shanghai Xujiahui Commercial Co.Ltd(002561) (10.03%), Hubei Fuxing Science And Technology Co.Ltd(000926) (10.05%), Changjiangrunfa Health Industry Co.Ltd(002435) (10.10%), Shandong Xinhua Pharmaceutical Company Limited(000756) (10.02%), Everjoy Health Group Co.Ltd(002162) (10.07%).
The portion of shares subject to decline is as follows: Palm Eco-Town Development Co.Ltd(002431) (- 10.04%), Fanli Digital Technology Co.Ltd(600228) (- 9.94%), Hunan Investment Group Co.Ltd(000548) (- 10.00%), Kuaijishan Shaoxing Rice Wine Co.Ltd(601579) (- 10.02%)
Kuaijishan Shaoxing Rice Wine Co.Ltd(601579) fell the limit for the third consecutive trading day. After hours on the 18th, Kuaijishan Shaoxing Rice Wine Co.Ltd(601579) announced that there were no major matters that should be disclosed but not disclosed, and all 164 million shares of the company held by the controlling shareholder had been frozen by the judicial waiting list and entered the judicial reorganization procedure.
The top five stocks with turnover rate are: Zhongke Jiangnan, Prius, Jiangsu Zhongshe Group Co.Ltd(002883) , Beijing Asiacom Information Technology Co.Ltd(301085) , Jinpu Landscape Architecture Co.Ltd(301098) , 59.220%, 53.878%, 44.416%, 43.573% and 37.917% respectively.
For the future, Guodu Securities believes that the current A-share market is at the end of the shock adjustment cycle from the bottom of the market to the bottom of the fundamentals, which is “policy bottom – valuation bottom – market bottom – Fundamentals bottom”. However, considering the damage to the balance sheets of residents and enterprises under the repeated impact of the epidemic, the confidence and willingness of credit expansion are limited. It is expected that in the short term, after the double drive rebound of gradual liberalization and steady growth after the epidemic, the credit and economic recovery data may fluctuate, and there is still a need for shock consolidation in the follow-up market. At present, the conditions for trend rebound are not mature.
Jufeng investment adviser said that the pressure of economic growth still inhibits the market. Under the support of policy support and monetary easing cycle, the market as a whole is still a process of shock bottoming. In the short term, under the historical inflation and the contraction of the US dollar, US stocks have ushered in a trend decline, which has brought certain pressure on the global market and a shares. In order to resume the historical trend, we also need to beware of the drag of the trend decline of US stocks on a shares. However, after all, the rise and fall of A-Shares are determined by their own internal factors. Under the current historical low valuation and the increasing weight of policies, the market sentiment and confidence are gradually picking up, the market bottom is also being cast repeatedly, and the time for the strategic allocation of the middle line has come.
