The two cities hit the bottom and rebounded, and the gem ushered in a long lost rise, but the market trading volume shrank sharply, and individual stocks fell more and rose less. As of the close, the Shanghai index rose 0.04% to close at 3524.11 points, the Shenzhen Composite Index rose 0.37% to 14081.80 points, and the gem index rose 0.72% to close at 3056.43 points. Northbound funds bought a net 3.452 billion yuan throughout the day, including 2.114 billion yuan for Shanghai Stock connect and 1.339 billion yuan for Shenzhen Stock connect.
On the disk, the lithium battery sector continued to strengthen throughout the day, Guizhou Redstar Developing Co.Ltd(600367) , Zangger mining, Yongxing Special Materials Technology Co.Ltd(002756) , Ganfeng Lithium Co.Ltd(002460) , Shandong Fengyuan Chemical Co.Ltd(002805) , Sinomine Resource Group Co.Ltd(002738) limit, Qinghai Salt Lake Industry Co.Ltd(000792) , Jiangsu Jiuwu Hi-Tech Co.Ltd(300631) , Guangzhou Great Power Energy&Technology Co.Ltd(300438) , Suzhou Ta&A Ultra Clean Technology Co.Ltd(300390) , Youngy Co.Ltd(002192) , Tianqi Lithium Corporation(002466) and so on. The energy storage sector was stronger in shock, Shanghai Tianyong Engineering Co.Ltd(603895) , Shenzhen Auto Electric Power Plant Co.Ltd(002227) , Ningbo Deye Technology Co.Ltd(605117) limit, and Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) , Guangzhou Great Power Energy&Technology Co.Ltd(300438) , Ginlong Technologies Co.Ltd(300763) , Shenzhen Hopewind Electric Co.Ltd(603063) , Sungrow Power Supply Co.Ltd(300274) , Shenzhen Desay Battery Technology Co.Ltd(000049) followed. In terms of decline, the pharmaceutical sector continued to be depressed in the afternoon, with more than 50 stocks falling by the limit and more than 10% in the two cities. Overall, today’s stocks fell more or less, and more than 2700 stocks in the two cities fell. The turnover of Shanghai and Shenzhen stock markets today was 864.2 billion, a decrease of 120.3 billion compared with the previous trading day.
Technically, the Shanghai index is in a shock pattern within the box, and the short-term market will rebound after touching the lower edge of the box, but the overall trading volume is not enough to significantly push up the index. Considering the interest of funds during the Spring Festival holiday, it will not build positions on a large scale. The disk rotation is fast and the continuity is very poor. It is mainly wait-and-see before the festival.
