China-Singapore Jingwei client April 28 (Tuesday), the three major A-share indexes opened slightly higher, and then fell rapidly. The Shenzhen Component Index and the Growth Enterprise Market Index both fell more than 2% at one time. The Shanghai Index dropped to the lowest near 2758, a drop of nearly 2%. At around 10 o'clock, the three major indexes rose collectively. The GEM index turned red first, followed by the Shenzhen Component Index. Near the midday close, all three major indexes turned red.
Shanghai Stock Exchange Timeshare Chart
As of midday closing, the Shanghai index rose 0.11% to 2818.48 points, with a turnover of 180.2 billion yuan; the Shenzhen Component Index rose 0.79% to 10534.52 points, with a turnover of 274.1 billion yuan; the ChiNext Index rose 1.29% to 2044.66 points, with a turnover 92.6 billion yuan.
Industry sector gains list
On the disk, the securities sector led the gains. Huaxin shares rose nearly 8%, while Nanjing Securities, CITIC Construction Investment, BOC Securities and other stocks rose. The wine-making sector is at the forefront of growth, Shanxi Fenjiu has a daily limit, Jinfeng Wine, Luzhou Laojiao Shede Wine, Wuliangye and other stocks have all risen sharply. Guizhou Maotai rose by more than 1%, and its stock price hit another record high at intraday, closing at 1,292.88 yuan / share.
In addition, the semiconductor, insurance, and diversified financial sectors were active; the shipping, petroleum, transportation equipment, and tourism sectors were sluggish.
In terms of concept stocks, the lithography machine segment led the way, with the daily limit of Jingfang Science and Technology, Rongda Photosensitive, Gaomeng New Materials, Jianghua Micro and other stocks rising. Themes such as digital currency, seed industry, UHV, RCS, and mask protection were lower.
In terms of individual stocks, 873 stocks rose, among which 99 stocks such as Tongfu Microelectronics, Shanghai Sanmao, and Shenzhen Convince rose more than 5%. 2,868 stocks fell, of which 150 stocks such as Patian shares, Bohui Innovation, Kangchen Pharmaceuticals fell more than 5%.
In terms of turnover rate, a total of 12 stocks have a turnover rate of over 20%, of which Ruixin Technology has the highest turnover rate of 43.41%.
In terms of capital flow, the top five inflows in the industry sector are beverage manufacturing, computer applications, electronics manufacturing, semiconductors, and securities firms. The top five outflows are computer applications, chemicals, beverage manufacturing, communications equipment, and high- and low-voltage equipment. The top five influx stocks are Luxeon Precision, Wuliangye, Dongfang Fortune, BOE A, and Jinfa Technology. The top five stocks outflow are Wuliangye, BOE A, Hanlan, Jinfa Technology, and Shunxin Agriculture.
According to data from the China Foreign Exchange Trading Center, the central parity of RMB against the US dollar fell by 7 basis points to 7.0710.
Shanghai Interbank Offered Rate (SHIBOR) reported 0.8740% overnight, up 1.0 basis points; 7-day SHIBOR reported 1.6200%, down 15.4 basis points; 3-month SHIBOR reported 1.3980%, up 0.1 basis points.
As of the previous trading day, the balance of Shanghai Stock Exchange financing was 549.19 billion yuan, a decrease of 7.119 billion yuan from the previous trading day, and the margin balance was 15.373 billion yuan, an increase of 4.386 billion yuan from the previous trading day; the financing balance of Shenzhen Stock Exchange was 487.723 billion yuan. This is an increase of 47.151 billion yuan from the previous trading day, and the margin balance is reported at 6.383 billion yuan, an increase of 3.555 billion yuan from the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1,058.668 billion yuan, an increase of 47.973 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 721 million yuan, of which the net outflow of Shanghai Stock Connect was 53 million yuan, the balance of funds on the day was 52.05 billion yuan, and the net inflow of Shenzhen Stock Connect was 774 million yuan. The balance is 51.226 billion yuan; the net inflow of southbound funds is 1.978 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 706 million yuan, the balance of funds on the day is 41.294 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 1.272 billion yuan, and the balance of funds on the day is 40.728 billion yuan.
Everbright Securities said that yesterday (27th) A shares rebounded under the guidance of low-value bank stocks, but the trading volume was still low, and began to show the characteristics of "light trading" before the long holiday; the "domestic demand" sector continued to dominate. It shows that the risk appetite is still low, but the continued inflow of foreign capital, Hong Kong stocks rose significantly, or that overseas investors are not pessimistic. Looking back, with the gradual realization of the four major variables, the disclosure of the first quarterly report of listed companies is coming to an end. Under the effect of countercyclical adjustment policies, the partial cyclical industry that reflects the gradual improvement of economic data is expected to become the main configuration line in May.
Societe Generale believes that, overall, in the second quarter of 2020, the period of shocks and turbulence is a period of staggered domestic demand and external demand. The market is dominated by structural opportunities. The domestic economy has gradually returned to normal under the policy catalysis and the acceleration of resumption of production and production. Although the inflection point of foreign countries is gradually approaching, the external demand is still in the downward stage, and the bottom inflection point still needs time. In this case, the market is dominated by volatile structural opportunities, and investors are more suitable to adopt "fixed investment" and actively arrange the "boarding point" of "good track" with a long and short approach. In the medium and long term, with the help of China's institutional advantages, the era of equity that truly belongs to China has begun, and A shares are experiencing their first "long bull" opportunity. (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.)