News from this reporter (reporter Liu Shenliang) Yesterday, A shares staged a backhand to do more and ushered in a collective surge. Among them, the growth of small and medium-sized companies was particularly strong, with the GEM skyrocketing by nearly 4%. The data shows that 239 stocks in the two cities have hit record highs, and 400 stocks have reached their highest prices since July.
A-shares skyrocketed, and the ChiNext rose nearly 4%. Market data shows that the Shanghai stock index rose 1.77% yesterday and touched 3458.79 points during the session, setting a new high since the current round of gains. The Shenzhen Component Index stood at the 14,000-point mark and closed up 3.50%. The growth of SMEs was even stronger. The SME board index soared 3.85% to 9502.30 points; the GEM index soared 3.99% to 2889.43 points.
The total turnover of the two cities was 1,672.383 billion yuan, exceeding the 1.5 trillion yuan for the sixth consecutive trading day. All major sectors are in full bloom, with agriculture, forestry, animal husbandry and fishery, nonferrous metals, semiconductors, engineering machinery, winemaking and other sectors leading the rise, while tourism, banking, insurance and other sectors stagfled and underperformed the market. There are more than 200 stocks in both cities.
It is worth noting that since July, the cumulative net purchase amount of northbound funds has exceeded 60 billion yuan, exceeding the single-month net purchase amount of any month of the year.
At present, the Shanghai Stock Exchange Index has stabilized the 3400 point mark, and it is still far away from the 2015 high of 5178.19 points. According to the historical high of 6124.04 points in 2007, the gap is not small.
Since the beginning of this year, 657 A-shares have reached a record high (note: the previous re-pricing price, the same below), and since July this year, 400 stocks have reached a record high. Yesterday, 239 stocks hit a record high, mainly concentrated in industries such as medicine, biology, electronics, chemicals, food and beverage.
In terms of stock price performance, the 239 stocks listed above have risen an average of 26.41% since July.
Convertible bonds with both bond and stock attributes also staged a crazy scene yesterday, with multiple convertible bonds that soared by more than 30% in a single day. For example, Gore, which went public yesterday, closed at 2 and soared 59.30%. The most expensive convertible bond in the market, Inco Convertible Bonds, surged 45.08% again yesterday, once reaching 1366 yuan during the session. The convertible bond was listed in September last year. It was only 10 months after its listing. The highest price yesterday has soared by 12 times compared to the issue price.
Data show that as of last Friday, the balance of the market's two financings reached 13,422.89 billion yuan, which has achieved 10 consecutive increases, and the cumulative growth over 10 trading days exceeded 200 billion yuan. On July 6th and July 8th, the single-day two-finance balance increase amounted to 38.962 billion yuan and 32.795 billion yuan, respectively, the first and third record of the single-day two-day balance increase amount in history. This shows to a certain extent that the recent entry of two financing funds is accelerating.