China-Singapore Jingwei client, May 11 (Xinhua), the Shanghai and Shenzhen stock markets opened higher, and the Shanghai index maintained the red plate in early trading, once regaining 2,900 points. The Shenzhen Component Index turned down near midday; the GEM Index performed weaker and continued to decline after a rapid dip in early trading.
As of midday closing, the Shanghai index reported 2989.01 points, an increase of 0.13%, and the volume of transactions was 170.012 billion yuan; the Shenzhen Component Index reported 10996.75 points, a decrease of 0.04%, and the volume of transactions was 258.414 billion yuan; the GEM index reported 2105.98 points, a decrease of 0.91%; the Shanghai 50 Index At 2880.31 points, an increase of 0.25%.
Shanghai Stock Exchange early trading trend source: Wind
On the disk, cement manufacturing, white goods, other building materials, communication equipment, optical optoelectronics and other sectors led the gains; feed, tourism comprehensive, livestock and poultry breeding, rare metals, pharmaceutical business and other sectors fell in the forefront.
In terms of concept stocks, superconductivity concepts, tire pressure monitoring, home furnishing, and express delivery were among the top gainers; pork, chicken, ASEAN Free Trade Zone, mAb concept, and pharmaceutical e-commerce, among the top decliners.
In terms of individual stocks, 1,627 stocks rose, among which Liad, 107 stocks such as Nanyang shares rose more than 5% on Saturday. 1935 stocks fell, among which 18 stocks such as Yili Jieneng, Stellite, ST Chengcheng and others fell more than 5%.
In terms of turnover rate, a total of 23 stocks have a turnover rate of over 20%, of which Chaoyang Technology has the highest turnover rate of 52.21%.
In terms of capital flow, the top five inflows in the industry sector are communication equipment, computer applications, optical optoelectronics, chemicals, and special equipment. The top five outflows are computer applications, communication equipment, chemicals, electronics manufacturing, and optoelectronics. The top five influx stocks are Zhongtian Technology, BOE A, Gree Electric, Provincial Group, and Tianfeng Securities. The top five stocks outflow are Zhongtian Technology, Gree Electric, Zhongke Dawning, Provincial Group, BOE A. The top five conceptual themes that flow into the main are the financing and margin trading, the subject of the margin swap, MSCI concept, Shenzhen Stock Connect, and the Shanghai Stock Connect, and the top five conceptual themes of financing are the margin financing and the subject of the margin swap, MSCI , Shenzhen Stock Connect, Shanghai Stock Connect.
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 2.412 billion yuan, of which the net inflow of Shanghai Stock Connect was 1.314 billion yuan, the balance of funds on the day was 50.686 billion yuan, and the net inflow of Shenzhen Stock Connect was 1.098 billion yuan. The balance is 50.902 billion yuan; the net inflow of southbound funds is 135 million yuan, of which the net outflow from Shanghai-Hong Kong Stock Connect is 677 million yuan, the balance of funds on the day is 42.677 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 812 million yuan, and the balance of funds on the day is 41.188 billion yuan.
CITIC Securities analysis believes that the second to third quarter of this year is the most important recovery stage of the Chinese economy after the impact of the new crown epidemic. The market will continue to rebound in May, and the duration will be quite long. From the perspective of industry comparison, the prosperity of the technology industry continues, and investors are advised to add the electronics industry represented by semiconductors and the Internet of Things, the communications industry represented by 5G, and the computer industry represented by cloud computing. This week, it is proposed to add the booming brokerage and automobile industries to the industry configuration.
Guosheng Securities stated that the main line of technological growth is clear and continues to lead the market upwards. A-shares are already in the bottom area, and it is recommended to actively allocate based on the principle of "price is more important than time". The recent strong rebound of the technology sector has led the market upwards. Since May, electronics, media, computers and other industries have been among the top in the stocks of land stocks in the north. The obvious profit-making effect is attracting large inflows of foreign capital and other major market funds. Follow-up technology market Will continue. (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.)