China-Singapore Jingwei client July 3rd, A-shares opened higher, the Shanghai index reported 3104.00 points, up 0.43%; the Shenzhen Component Index reported 12295.62 points, up 0.21%; the GEM index reported 2426.30 points, up 0.08%.

　　Shanghai and Shenzhen stock market opening performance source: Wind

　　On the disk, brokerage stocks continued to be active, with CITIC Construction Investment and Zheshang Securities daily limit; coal, retail, home appliances, automobiles, banks and other sectors rose ahead. A few sectors such as hotel catering, media, medical equipment, and aquaculture declined.

　　In terms of concept stocks, capital leaders, electronic invoices, futures concepts and other gains were among the top gainers; fuel ethanol, iQiyi, chicken raising, WeChat applets, and beer were among the top decliners.

　　In terms of individual stocks, 1,870 stocks rose, among which 37 stocks such as INVT, Cross-border Connect, and Jade Bird Fire rose by more than 5%. 1310 stocks fell, including Songfa shares, Nan Guo Real Estate, ST Baling and other six stocks fell more than 5%.

　　Inspur Information opened more than 4% higher, reported at 38.48 yuan. On the morning of the 3rd, the stock said on the interactive platform that the company's current production and operation are normal and Intel has resumed supply to Inspur.

　　In terms of capital flow, the top five inflows in the industry sector are other transportation equipment, cultural media, Internet media, marketing communications, and shipbuilding. The top five outflows are other transportation equipment, cultural media, internet media, marketing communications, Shipbuilding. The top five stocks flowing into the top five are Capital Online, Yitian, Yingjie Electric, Jujie Microfibre, Naipu Mining Machine, and the top five stocks outflowing are Capital Online, Yitian, Yingjie Electric, Jujie Micro Fiber, Naipu mining machine. The top five influential themes are O2O concepts, cotton, UHV, wind power, and Shenzhen state-owned asset reform, and the top five out-of-the-box concepts are O2O concept, cotton, UHV, wind power, and Shenzhen state-owned asset reform.

　　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 capital was 302 million yuan, of which the net inflow of Shanghai Stock Connect was 143 million yuan, the balance of funds on the day was 51.857 billion yuan, and the net inflow of Shenzhen Stock Connect was 159 million yuan. The balance is 51.841 billion yuan; the net inflow of southbound funds is 2.616 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 2.551 billion yuan, the balance of funds on the day is 39.449 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 65 million yuan, and the balance of capital on the day is 41.935 billion yuan.

　　Entering July, the Shanghai stock index regained 3000 points on the first trading day (1st). On the previous trading day (2nd), the trading volume of Shanghai and Shenzhen broke through trillions after nearly 4 months; the big financial sector broke out, and the securities sector performed well, with a collective daily limit of 12 stocks.

　　For the future market of A shares, Founder Securities believes that the core of the interpretation of the market after the big financial dance lies in the economic cycle, and the preliminary judgment will continue the structural market. Judging from the interpretation of the market after the past four major financial rises, a more obvious structural market appeared in 2013 and 2019, which is essentially a sign of stabilization in the short-term economic cycle. Judging from the current situation, the economy is likely to continue to recover. Therefore, the structural market since the second half of 2019 will continue, and the structural opportunities in the third quarter will be brilliant. (China-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.)