The Sino-Singapore Jingwei client on May 29th, the three major A-share stock indexes opened lower. The Shanghai Composite Index opened lower at 2835.58 points, a decrease of 0.37%; the Shenzhen Component Index closed at 10615.14 points, a decrease of 0.36%; and the GEM Index closed at 2049.75 points, a decrease of 0.25%. On the disk, the concept stocks of the radio and television system strengthened against the trend. On the news, many companies plan to fund the establishment of China's broadcasting network.

  Media and entertainment sector stocks rose list

  In terms of individual stocks, 885 stocks rose, among which 26 stocks, such as Tamron, Guiguang Network, and New Industries, rose more than 5%. 2329 stocks fell, of which 17 stocks such as Ningbo Fubon, ST Tianbao and Anji Foods fell more than 5%.

  According to data from the China Foreign Exchange Trading Center, the central parity of RMB against the US dollar fell by 39 points to 7.1316.

  As of the previous trading day, the SSE ’s financing balance was reported at 556.68 billion yuan, an increase of 370 million yuan from the previous trading day, and the margin balance was reported at 18.817 billion yuan, an increase of 7.83 billion yuan from the previous trading day; the Shenzhen Stock Exchange ’s financing balance was reported at 497.969 billion yuan. It increased by 57.398 billion yuan from the previous trading day, and the margin balance was reported at 7.071 billion yuan, an increase of 4.244 billion yuan from the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1080.553 billion yuan, an increase of 69.842 billion yuan from the previous trading day.

  From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound funds was 0.25 billion yuan, of which the net outflow of Shanghai Stock Connect was 53 million yuan, the balance of funds on the day was 52.05 billion yuan, and the net inflow of Shenzhen Stock Connect was 78 million yuan. The balance is 51.922 billion yuan; the net outflow of capital from the south is 500 million yuan, of which the net outflow from Shanghai-Hong Kong Stock Connect is 607 million yuan, the balance of funds on the day is 42.607 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 107 million yuan, and the balance of funds on the day is 41.893 billion yuan.

  Looking forward to the market outlook, China Everbright Securities pointed out that there is no possibility of a substantial tightening in recent policies. Therefore, the short-term correction caused by unexpected factors means that the market's price-performance ratio will be further improved without too much concern. (Sino-Singapore Jingwei APP)

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