China and Singapore Clients on February 28th: The Shanghai Index opened lower at 2924.64 points, a decrease of 2.23%; the Shenzhen Component Index reported 11150.66 points, a decrease of 3.32%; the GEM Index reported 2114.32 points, a decrease of 3.75%; the Shanghai Stock Exchange Index 2860.28 points, The decline was 1.78%; the Shanghai and Shenzhen 300 reported 3,988.73 points, a decline of 2.35%.
As for individual stocks, 80 stocks rose, of which 13 stocks including Daun, Teda, and Yangpu Medical rose more than 5%. 3,664 stocks fell, of which 150 stocks, such as Tianhe Defense, Guoguang Optoelectronics, and Tongzhou Electronics, fell more than 5%.
In terms of capital flow, the top five in the industry sector are other transportation equipment, cultural media, Internet media, marketing communications, and shipbuilding. The top five are other transportation equipment, cultural media, Internet media, marketing communications, Shipbuilding. The top five stocks flowing into the top five are Yingjie Electric, Guolin Technology, Jiahe Intelligent, OneNet One, Xianle Health, and the top five stocks flowing out are Yingjie Electric, Guolin Technology, Jiahe Intelligent, OneNet. Yichuang, Xianle Health. The top five themes that flowed into the main force were O2O concept, cotton, UHV, wind power, and Shenzhen state-owned assets reform. The top five subjects that flowed out were O2O concept, cotton, UHV, wind power, and Shenzhen state-owned assets reform.
Data from the China Foreign Exchange Trading Center showed that the central parity of the yuan against the US dollar rose 149 points to 7.0066.
As of the previous trading day, the financing balance of the Shanghai Stock Exchange was reported at 589.915 billion yuan, an increase of 33.605 billion yuan from the previous trading day, and the balance of margin trading was 11.37 billion yuan, an increase of 384 million yuan from the previous trading day. The financing balance of the Shenzhen Stock Exchange was 519.359 billion yuan. Compared with the previous trading day, it increased by 87.787 billion yuan, and the balance of margin trading was reported at 4.153 billion yuan, an increase of 1.326 billion yuan from the previous trading day. The balance of margin financing and securities lending of the two cities totaled 11.247798 billion yuan, an increase of 114.102 billion yuan over the previous trading day.
Looking at the north-south capital flow of the Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound funds was 350 million yuan, of which the net inflow of Shanghai Stock Connect was 125 million yuan, the balance of funds on the day was 51.875 billion yuan, and the net inflow of Shenzhen Stock Connect was 225 million yuan. The balance was 51.775 billion yuan. The net inflow of southbound funds was 3.909 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect was 3.806 billion yuan. The balance of funds on the day was 38.194 billion yuan. The net inflow of Shenzhen-Hong Kong Stock Connect was 103 million yuan. The balance of funds on the day was 41.897 billion yuan.
Haitong Securities believes that the short-term A shares have entered an adjustment period. In the medium and long term, the three logics of the bull market have not wavered, that is, the cycle of bull and bear cycles, bottoming out of corporate profits, and large-scale assets biased toward the stock market.
In operation, Netcom Securities recommends that you stay on the sidelines, avoid market structural adjustment risks, rationally adjust your positions, and seize the opportunity of low-quality leading stocks to take advantage of them. (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.)