Sino-Singapore Jingwei Client, March 30th. On the 30th (Monday), the two cities closed down collectively. The Shenzhen Stock Index fell more than 2%, and the Shenzhen Component Index fell below 10,000 points. The three major stock indexes opened lower in the early morning and then fell back. At one time in the afternoon, the collective rebound was narrowed, and the price weakened near the end of the day. From the perspective of the disk, the industry sector fell broadly, with telecom operations, tourism, and software services leading the decline.

As of the close, the Shanghai Composite Index reported 274.21 points, a drop of 0.90%, and the transaction volume was 250.687 billion yuan; the Shenzhen Component Index reported 9904.95 points, a decrease of 2.03%, and the transaction volume was 382.441 billion yuan; the GEM Index reported 1,86.48 points, a decrease of 2.28%.

As for individual stocks, 700 stocks rose, of which 92 stocks including Yuntu Holdings, Keming Noodles, and Xindazheng rose more than 5%. 3052 stocks fell, of which 150 stocks such as Kexin Electromechanical, Hals and Tianze Information fell more than 5%.

In terms of turnover rate, a total of 35 stocks have a turnover rate of more than 20%, of which Jinji has the highest turnover rate of 55.35%.

As of the previous trading day, the financing balance of the Shanghai Stock Exchange was reported at 565.478 billion yuan, an increase of 9.168 billion yuan over the previous trading day, and the balance of margin trading was reported at 12.299 billion yuan, an increase of 1.313 billion yuan over the previous trading day. The financing balance of the Shenzhen Stock Exchange was 488.263 billion yuan. Compared with the previous trading day, it increased by 47.691 billion yuan, and the balance of margin trading was reported at 5.27 billion yuan, an increase of 2.443 billion yuan from the previous trading day. The balance of margin financing and securities lending of the two cities totaled 10.71 trillion yuan, an increase of 60.615 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 1.28 billion yuan, of which the net inflow of Shanghai Stock Connect was 619 million yuan, the balance of funds on the day was 51.381 billion yuan, and the net inflow of Shenzhen Stock Connect was 661 million yuan. The balance was 51.339 billion yuan. The net inflow of southbound funds was 3.571 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect was 2.319 billion yuan. The balance of funds on the day was 39.681 billion yuan. The net inflow of Shenzhen-Hong Kong Stock Connect was 1.252 billion yuan. The balance of funds on the day was 40.748 billion yuan.

Industry sector drop list

On the disk, the industry sector fell almost all, with only the shipping, agriculture, forestry, animal husbandry and fisheries, food and beverage sectors rising; telecommunications operations, tourism, hotel catering, software services, Internet, IT equipment, communications equipment and other sectors led the decline.

Decline of concept plates

The concept sector was generally down, with the seed industry, artificial meat, and ecological agriculture sectors gaining the most gains; telecommuting, lithography machines, data centers, domestic software, cloud computing, information security, operating systems and other sectors saw the highest declines.

Looking ahead, Shanxi Securities believes that the domestic epidemic situation has entered a controllable stage, but the trend of the accelerated spread of overseas epidemics is not optimistic. It is necessary to be vigilant about the possibility of re-entry and repetition of the epidemic situation. At the same time, the global economy is in the background of the risk of recession and global flows. Investors are advised to remain cautious when the crisis has not yet eased. Investors are advised to moderately increase the allocation ratio of assets with hedging properties.

China Merchants Securities Strategy Report stated that entering April, A shares will gradually stabilize. A meeting of the Politburo was held on March 27, and the policy setting was more active. Fiscal and monetary policies are expected to increase efforts and stabilize growth. The policy environment will benefit A shares. The strength of domestic policies and the progress of overseas epidemics will become the determining force for the direction of A shares. (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.)