Sino-Singapore Jingwei Client on March 2nd. On March 2nd, A shares opened higher. The Shanghai Composite Index opened 2898.31 points higher, up 0.66%; the Shenzhen Component Index reported 11115.46 points, up 1.23%; the GEM Index was 2110.45 points, up 1.88%; the Shanghai 50 Index was 28,77.77 points, up 0.59%; the Shanghai and Shenzhen 300 reported 3968.84 points, up 0.73%.

Screenshot source: Wind

On the disk, animal health, semiconductor, components, plastics, and other electronics sectors led the gains; gold, beverage manufacturing, fisheries, tourism, and catering sectors led the decline. In terms of concept stocks, yesterday's daily limit, capital leader, printed circuit board (PCB), sensor, Huawei Hisilicon concept, etc. led the gains, while gold, liquor, glass concepts, graphite electrodes, and scarce resources led the declines.

As for individual stocks, 2,800 stocks rose , of which 61 stocks including Stech, Xiangdian, Nuobang, etc. rose more than 5%. 630 stocks fell, of which 29 stocks, such as Chang Aluminum, Huasu Holdings, and Yuheng Pharmaceutical, fell more than 5%.

As of the previous trading day, the Shanghai Stock Exchange's financing balance was reported to be 582.21 billion yuan, an increase of 25.90 billion yuan from the previous trading day, and the margin trading margin was reported to be 10.551 billion yuan, a decrease of 436 million yuan from the previous trading day. The Shenzhen Stock Exchange financing balance was reported to be 505.693 billion yuan. Compared with the previous trading day, it increased by 65.121 billion yuan, and the balance of margin trading was reported at 3.876 billion yuan, an increase of 1.049 billion yuan from the previous trading day. The balance of margin financing and securities lending of the two cities totaled 1,102.33 billion yuan, an increase of 91.635 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 147 million yuan, of which net inflow of Shanghai Stock Connect was 67 million yuan, the balance of funds on the day was 51.933 billion yuan, and net inflow of Shenzhen Stock Exchange was 80 million yuan. The balance was 51.92 billion yuan. The net inflow of southbound funds was 3.343 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect was 3.244 billion yuan. The balance of funds on the day was 38.756 billion yuan. The net inflow of Shenzhen-Hong Kong Stock Connect was 99 million yuan.

In terms of European and American stock markets, last week (February 24 to February 28), U.S. stocks posted their worst weekly performance since the 2008 financial crisis. The Dow fell by nearly 3600 points, a drop of 12.36%; the Nasdaq fell by more than 1,000 points, a drop 10.54%; the S & P 500 Index fell over 380 points, a drop of 11.49%. The European stock market also fell. The British FTSE 100 index fell about 11%, the German DAX 30 index fell 12.5%, and the French CAC 40 index fell nearly 12%.

In the Asia-Pacific stock market, the Nikkei 225 index opened 1.39% lower today (2nd) to 20849.79 points, continuing the decline last week. South Korea's KOSPI index opened up 0.56% to 1987.01. Hong Kong's Hang Seng Index opened 0.2% lower at 26077.73 points; the red-chip index rose 0.13%, and the state-owned enterprise index rose 0.62%.

Founder Securities analysis said that the broader market this week is expected to come out of the shock and rebound trend, and make up for the downward gap left by last Friday.

Galaxy Securities believes that although there is some adjustment pressure in the A-share market under the resonance of internal and external factors, the impact of the global epidemic on economic fundamentals cannot be ignored, but the epidemic is a short-term disturbance. Under the effects of prevention and control policies and regulatory policies, the negative economic impact of the new crown pneumonia epidemic is limited. The A-share market will consolidate in the short term, and the value of mid- and long-term investments will be prominent. (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.)