China-Singapore Jingwei client, April 13 (Monday), the Shanghai and Shenzhen markets remained low after opening low. The Shanghai index dropped to a minimum of 2774.08 points; the GEM index fell more than 1%.
As of midday closing, the Shanghai index reported 2787.28 points, a decrease of 0.33%, and the trading volume was 110.695 billion yuan; the Shenzhen Component Index reported 10251.87 points, a decrease of 0.45%, and the trading volume was 19.632 billion yuan; the GEM index reported 1925.65 points, a decrease of 1.24%.
Shanghai Stock Exchange morning trend source: Wind
On the disk, the agricultural sector led the decline, with the electronics, hospitality, computers, and media sectors leading the decline; plastics, cement manufacturing, white goods, other building materials, and medical equipment led the gains. In terms of concept stocks, RCS rich media communications, sugar, gallium nitride, aquatic products and other declines were among the top decliners; Hangzhou Asian Games, glyphosate, agricultural machinery, cement and yesterday's daily limit were among the top gainers.
In terms of individual stocks, 1184 stocks rose, of which 102 stocks such as ST Changjiu, ST Huiqiu and Cap Bio rose more than 5%. 2,484 stocks fell, of which 126 stocks such as ST Jingui, Luo Niushan, Yongyi shares fell more than 5%.
Gree Electric Appliances opened higher and higher, and closed more than 5% as of midday. On the news, Gree Electric announced on the 12th that it intends to use its own funds to repurchase the company's shares in a centralized auction transaction, with a total capital of not less than 3 billion yuan (inclusive) and not more than 6 billion yuan (inclusive); The price does not exceed 70 yuan / share, and the repurchased shares will be used for employee stock ownership plans or equity incentives. This is the first repurchase in the history of Gree Electric.
In terms of turnover rate, a total of 8 stocks have a turnover rate of over 20%, of which Wei Xinkang has the highest turnover rate of 35.99%. In terms of capital flow, the top five inflows in the industry sector are chemical and pharmaceutical, computer applications, chemicals, special equipment, and internet media, and the top five are chemical and pharmaceutical, computer applications, chemicals, special equipment, and internet media.
From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net outflow of northbound funds was 1.687 billion yuan, of which the net outflow of Shanghai Stock Connect was 1.003 billion yuan, the balance of funds on the day was 53.003 billion yuan, and the net outflow of Shenzhen Stock Connect was 684 million yuan. The balance is 52.684 billion yuan; the net inflow of southbound funds is 818 million yuan, of which the net outflow from Shanghai-Hong Kong Stock Connect is 91 million yuan, the balance of funds on the day is 42.091 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 909 million yuan, and the balance of funds on the day is 41.091 billion yuan.
CITIC Securities analysis believes that the current market volatility bottomed out and economic recovery is worthy of continued attention. It is best to increase positions in mid-late April or the whole year. In terms of industry allocation, mid-to-late April is still an observation window for overseas epidemics. The technology sector still needs to wait, and domestic demand driving is the dominant factor. First of all, maintain the view of agriculture, necessary commodities and the relative returns of medicines unchanged, and secondly suggest to allocate more real estate and cement.
Guotai Junan stated that the market's risk aversion sentiment is still strong, and the industry of defensive attributes led the gains. From the perspective of the stock pattern, marginal impact, and investment factors, the circulation of pricing power is analyzed, and the market will maintain a wide range of shocks. There are two main lines of investment in the future. First, from the perspective of low valuation, choose construction, real estate, mining, utilities, banking, non-banking, and the subdivision industries include lithium, new energy, photovoltaic equipment, and small household appliances. The valuation resistance is low; The second is to grasp the direction of brokers, military industry, public utilities, power equipment, etc. from the perspective of stable profits, to avoid cinema lines, delivery, catering, agriculture, forestry, animal husbandry, fishing, petroleum and petrochemical. (Sino-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.)