Sino-Singapore Jingwei client May 7th Shanghai and Shenzhen markets opened mixed on the 7th. The Shanghai index reported 2876.47 points, a decrease of 0.06%; the Shenzhen Component Index reported 10899.92 points, a rise of 0.15%; the GEM index reported 2113.75 points, a rise 0.17%; SSE 50 index was 2860.96 points, a decrease of 0.1%; Shanghai and Shenzhen 300 reported at 3937.59 points, an increase of 0.03%.

　　Shanghai and Shenzhen stock market opening performance source: Wind

　　On the disk, sectors such as communications equipment, components, plastics, semiconductors, and metal products led the gains; sectors such as air transport, airports, audio-visual equipment, and textile manufacturing led the decline.

　　In terms of concept stocks, capital leaders, fuel ethanol, PCB, superconducting concepts and other gains were among the top gainers; ST concepts, gold, film and television media, and scarce resources were among the top decliners.

　　In terms of individual stocks, 1,512 stocks rose, among which 28 stocks such as CLP, Hanlan and Wuhan Fangu rose more than 5%. 1555 stocks fell, of which 16 stocks such as China New Group, ST Haoyuan, ST Qunxing fell more than 5%.

　　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 115 million yuan, of which the net inflow of Shanghai Stock Connect was 55 million yuan, the balance of funds on the day was 51.945 billion yuan, and the net inflow of Shenzhen Stock Connect was 60 million yuan. The balance is 51.94 billion yuan; the net outflow of capital from the south is 398 million yuan, of which the net outflow from Shanghai-Hong Kong Stock Connect is 540 million yuan, the balance of funds on the day is 42.54 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 142 million yuan, and the balance of funds on the day is 41.858 billion yuan.

　　On the last trading day, from the perspective of the performance of A-shares after opening, the marginal effect of overseas market risk release on A-shares was significantly reduced, and the three major indexes opened lower and stepped back gradually to gain support.

　　Yue Yue, an analyst at Yuekai Securities, believes that under the turmoil in the global financial market, China's capital market is generally stable and has strong resilience. At present, the overall valuation of A shares is still attractive. The performance risk of listed companies has basically been released. The market risk appetite is expected to increase, while the performance is low. The performance of the second quarter has marginal improvement expectations, superimposed policy blessings and a more relaxed liquidity environment. A shares are long and cost-effective.

　　CITIC Securities believes that the short-term impact of external factors brings a good opportunity to intervene. It is expected that May is the second half of the A-share rise in the second quarter and the best investment window in the second quarter. In terms of configuration, it is still recommended to take the old and new infrastructure and related technology leaders (5G, cloud computing, new energy vehicles, etc.) as the main line; at the same time, it can continue to lay out the high-quality stagflation sectors suppressed by the epidemic in the early stage, including catering, tax exemption, department stores, liquor, consumption Leading in the sub-fields of electronics, automotive electronics, kitchen appliances, CRO, real estate development, etc. (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.)