A shares opened lower across the board, Shanghai index fell 0.39%, gold concept opened higher against the market

A shares opened lower Shanghai index fell 0.39%, gold concept opened higher against the market

China and Singapore Jingwei Client on February 24th. Today (24th), the Shanghai Index opened lower by 3027.89 points, or a decrease of 0.39%; the Shenzhen Component Index was reported at 11,620.63 points, a decrease of 0.08%;

Source: Wind

On the disk, the gold and mask sectors were well established, 5G, big data and other technology stocks were active, and the lithium battery and semiconductor sectors pulled back. Super capacitor concept stocks staged a daily limit tide, Tongfeng Electronics 4 even board, Xinzhu shares and other multiple daily limit.

Gold stocks generally opened higher, Chifeng Gold opened 7.56% higher, Shandong Gold opened 4.87% higher, CICC Gold opened 3.76% higher, Hengbang shares opened 6.54% higher, and Shengda Resources opened 4.64% higher. In the news, the spot gold once broke through 1,680 US dollars / ounce in the morning.

In terms of individual stocks, Shenzhen Konka A opened 3.45% lower. In the news, Shenzhen Konka A responded to the letter of concern and stated that it currently does not use gallium nitride technology to develop fast charging product plans. I missed your daily limit, sold 100% of Homs to Pepsi Beverages, and negotiated to determine the value of the company at $ 705 million.

This week is the last trading week of A shares in February. On the news, since the Political Bureau meeting of the Central Committee of the Communist Party of China on February 21, the central policy-makers have coordinated the epidemic prevention and control and economic and social development twice in three days. Hold a meeting. After combing, it has been found that since the beginning of February, how to accurately "coordinate" between epidemic prevention and economic development has been running through the central high-level meetings.

On the 23rd, a conference on coordinating and advancing the prevention and control of the new crown pneumonia epidemic and economic and social development was held in Beijing. The meeting proposed that we should continue to relax and pay close attention to all kinds of prevention and control work.

In the Asia-Pacific stock market, the South Korean Composite Index opened on the 24th and fell 2.3% to 2,114.04 points. Japanese stocks are closed for the holiday day. Hong Kong's Hang Seng Index opened 0.75% lower, heavy blue-chip stocks fell broadly, and technology networks and oil and gas stocks led the decline. Tencent fell 2%. International gold prices rose sharply, and precious metal stocks rose.

The CICC Research Report believes that the Shanghai Index has basically smoothed out the previous impact caused by the epidemic. The growth style represented by the GEM Index has performed more brilliantly. The post-holiday low has increased 26% in the 14 trading days. The old economy is clearly differentiated. The possibility of short-term fluctuations in the market rising continuously is rising, but after the short-term fluctuations, the characteristics of the local liquidity driven by the loose liquidity may continue.

Everbright Securities said that the current market valuation implied growth expectations have been repaired to 5.4%, the market is transitioning from rational expectations repair to the trend extrapolation stage, before the epidemic inflection point arrives, the optimistic policy expectations will still be extrapolated, and incremental funds The entry obviously also provides an off-trend impetus for the market.

Fu Yanping, a strategic analyst at Galaxy Securities, issued a statement saying that this round of market is mainly due to abundant liquidity under the care of policies, and market sentiment is rapidly increasing. At present, the transaction volume is gradually enlarged, and funds have an accelerated admission trend. However, adjustment pressure has also increased. Suggestions for industry configuration, and continue to pay attention to 5G construction and application, which are favorable for the resonance of the technology industry cycle and financial policy cycle, industrial Internet, high-end manufacturing and other technology growth topics.

On February 21, FTSE Russell announced the quarterly adjustment results of its flagship index in February 2020. This quarterly adjustment will raise the inclusion factor of Chinese A shares from 15% to 25% as scheduled. The above changes will take effect before the opening on March 23. In other words, the inflow of passive funds will be closed on Friday, March 20. All in place before.

According to the CITIC Securities strategy team, after the last expansion of the first phase of the FTSE Russell in March this year, there is a high probability that no new international index for A shares will be included in the plan this year. However, although the plan included was "absent," foreign investment will not "shrink," and it is expected that the scale of net inflows of northbound funds will remain 300 billion yuan throughout the year. (Zhongxin Jingwei APP)

(The opinions in this article are for reference only and do not constitute investment advice. Investment is risky and you must be cautious when entering the market.)