The Sino-Singapore Jingwei client Friday, April 24 (24th), the three major A-share indexes dropped significantly, with a decline of more than 1%, and the GEM index once fell below 2000 points. The Shanghai Index dropped to a minimum of 2802.50 points, approaching a slight recovery and closing at 2800 points. The sector is generally green, the wine sector is leading the rise, and the concepts of seed industry, artificial meat, and digital currency have all returned.

  Shanghai Stock Exchange's time-sharing chart. Source: Wind

  As of the close, the Shanghai stock index fell 1.06% to 280.853 points, with a turnover of 244.1 billion yuan; the Shenzhen Component Index fell 1.33%, to 10423.46 points, with a turnover of 381.1 billion yuan; the GEM Index fell 1.27%, to 2003.75 points, with a turnover of 122.1 billion yuan. yuan.

  On the disk, the brewing sector led the way. The margins of Jinshiyuan and Bairun shares rose by more than 7%. Shares such as Sheji Wine, Gujing Gongjiu, Shuijingfang, and Changyu A rose.

  The oil sector led the decline, Longyu Fuel fell, and stocks such as CNOOC Engineering, Haiyue Energy, CNOOC Services, and Zhongman Petroleum dropped sharply. In addition, the food and beverage, agriculture, forestry, animal husbandry and fishery sectors saw a clear correction. The health care, telecommunications operations, textile apparel, transportation equipment and other sectors fell in the forefront, and the securities sector continued to be weak.

  In terms of concept stocks, the seed industry, artificial meat, digital currency, genetic concept and other sectors have all fallen back, leading the decline. The UHV sector turned against the market, the stocks in the sector diverged, Huijintong, Jinli Huadian, Hanlan shares and other stocks daily limit, Guodian South self-limit, Rifeng shares, Yingjie Electric and other stocks fell sharply.

  In terms of individual stocks, 721 stocks rose, among which 68 stocks such as Shanxi Coking, ST Yunwang, Guangshengtang rose more than 5%. 3021 stocks fell, of which 150 stocks such as Xinlong Holdings, Baibang Technology, Central Shopping Mall and others fell more than 5%.

  In terms of turnover rate, a total of 48 stocks have a turnover rate of over 20%, of which Chaoyang Technology has the highest turnover rate of 63.4%.

  As of the previous trading day, the balance of Shanghai Stock Exchange financing was 552.995 billion yuan, a decrease of 3.314 billion yuan from the previous trading day. The margin balance was 15.557 billion yuan, an increase of 4.57 billion yuan from the previous trading day. This represents an increase of 51.79 billion yuan from the previous trading day, and the margin balance was 6.357 billion yuan, an increase of 3.53 billion yuan from the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1.067271 trillion yuan, an increase of 56.576 billion yuan from the previous trading day.

  From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound funds was 4.805 billion yuan, of which the net inflow of Shanghai Stock Connect was 2.288 billion yuan, the balance of funds on the day was 49.712 billion yuan, and the net inflow of Shenzhen Stock Connect was 2.517 billion yuan. The balance is 49.383 billion yuan; the net inflow of southbound funds is 1.218 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 612 million yuan, the balance of funds on the day is 41.388 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 606 million yuan, and the balance of funds on the day is 41.394 billion yuan.

  Centaline Securities pointed out that it is expected that the short-term consolidation of the Shanghai Stock Exchange may be larger in the short-term, and the short-term shock of the GEM market may be larger. Investors are advised to wait and see in the short term, and the midline suggests continuing to focus on the investment opportunities of some low-value blue chip stocks.

  Looking forward to the market outlook, Shanxi Securities believes that it is still a reconfiguration of light transactions. Recently, active funds frequently arbitrage among different sectors, the market volatility still maintains a high level, short-term shocks are inevitable. However, in the medium and long term, with the subsequent recovery of domestic demand, A shares are expected to rise volatility under the support of fundamentals. At present, the index is at a low point, and the valuation advantage is obvious; investors are advised to seize the allocation window and actively pay attention to the investment opportunities of A shares.

(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.)