China-Singapore Jingwei client May 8th, A-shares opened higher and continued to rise in early trading. Both the Shenzhen Component Index and the ChiNext Index rose more than 1%.
As of midday closing, the Shanghai Index reported 2989.74 points, an increase of 0.91%, with a turnover of 163.909 billion yuan; the Shenzhen Component Index reported 11011.00 points, an increase of 1.36%, and the turnover was 249.64 billion yuan; the GEM Index reported 2128.95 points, an increase of 1.05%; the Shanghai 50 Index At 2878.61 points, an increase of 0.85%.
Shanghai Stock Exchange morning trend source: Wind
On the disk, near midday, brokerage stocks rose, stocks rose across the board, Tianfeng Securities closed the line, Guojin Securities, Hongta Securities, BOC Securities, etc. rose; agriculture, computers, instruments, home appliances, media, military, etc. The sector's gains are among the highest.
In terms of concept stocks, digital currencies, face recognition, RCS, unmanned banks, industrial Internet and other gains were among the top gainers; capital leaders, REITs, aquatic products, sugar, and agricultural plantation were among the top decliners.
In terms of individual stocks, 3006 stocks rose, of which 127 stocks such as Digital China, Tuowei Information, Jieshun Technology and others rose more than 5%; Guizhou Moutai rose nearly 2%, and the price of 1338 yuan continued to hit a record high; Wuliangye was once in the pan. Soared more than 2%, the quotation of 145.50 yuan hit a record high.
In terms of turnover rate, a total of 18 stocks have a turnover rate of over 20%, of which Ruixin Technology has the highest turnover rate of 47.72%.
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 3.93 billion yuan, of which the net inflow of Shanghai Stock Connect was 1.21 billion yuan, the balance of funds on the day was 50.79 billion yuan, and the net inflow of Shenzhen Stock Connect was 2.72 billion yuan. The balance is 49.28 billion yuan; the net inflow of southbound funds is 1.574 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 57 million yuan, the balance of funds on the day is 41.943 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 1.517 billion yuan, and the balance of funds on the day is 40.438 billion yuan.
On the last trading day (Thursday), the three major indexes of Shanghai and Shenzhen were mainly in a narrow range, and the market did not show the willingness to attack. Yang Delong, chief economist of Qianhai Open Source Fund, believes that the current A-share market has completed bottoming and entered the stage of bottoming out. The risk of a sharp decline in the market is already relatively small, and the process of market bottoming may rebound, but the trend is upward.
For A-share investment opportunities, Jufeng Investment Advisor recommends that investors adhere to the value investment philosophy and make appropriate allocations under the current market investment value. For medium and long-term investors, with current policy support and promotion, consumption, new infrastructure construction, and new energy vehicle industry chains all have relatively certain opportunities, which can be actively tracked and tapped. Under the influence of the registration system, the advantages of subdivision of leading stocks may be gradually strengthened, and the focus may be tilted. (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.)