China-Singapore Jingwei client May 20 (Wednesday) The three major A-share indexes fluctuated in early trading and weakened in the afternoon. The theme of military industry and RCS fell sharply, and the new energy vehicle industry chain and finances bucked the market.
Screenshot source: Wind
As of the close, the Shanghai index reported 2883.74 points, a decrease of 0.51%, and the volume of transactions was 269.177 billion yuan; the Shenzhen Component Index reported 10948.48 points, a decrease of 0.94%, and the volume of transactions was 417.524 billion yuan; the GEM index reported 2118.12 points, a decrease of 1.21%; the Shanghai 50 Index reported 2856.14 points, a decrease of 0.16%.
On the disk, the industry sector was almost green across the board. The daily-use chemicals, shipping, aviation, food and beverage, and telecommunications operations were among the top decliners. Public transportation, insurance, diversified finance, cultural and educational leisure, and banking sectors led the rise.
The concept sector also fell largely, with the RCS concept, medical waste treatment, satellite navigation, remote office, aquatic products and other sectors leading the decline, with luxury products, Tesla, lithium batteries, Hainan Free Trade, Gold Concept and other sectors leading the rise.
In terms of individual stocks, 1,047 stocks rose, among which 122 stocks such as ST Power, ST Qunxing, and Sanchao New Materials rose more than 5%. 2,678 stocks fell, of which 87 stocks such as Gaohong shares, Qiaqia Foods, Tianbang shares fell more than 5%.
In terms of turnover rate, a total of 56 stocks have a turnover rate of over 20%, of which Jintian Copper has the highest turnover rate of 61.33%.
In terms of capital flow, the top five inflows in the industry sector are chemicals, computer applications, optical optoelectronics, power equipment, and special equipment. The top five outflows are chemicals, computer applications, semiconductors, special equipment, and optical optoelectronics. The top five stocks flowing into the top five are Ningde Times, Sanan Optoelectronics, BOE A, Pioneer Intelligence, and Ganfeng Lithium. The top five stocks outflowing are Ningde Times, Sanan Optoelectronics, Pioneer Intelligence, Mengjie, Shanghai Xinyang. The top five conceptual themes that flow into the main are financing and securities lending, Shenzhen Stock Connect, convertible securities subject, MSCI concept, Shanghai Stock Connect, and the top five outflowing concepts are financing and securities lending, Shenzhen Stock Connect, convertible securities Subject, MSCI concept, Shanghai Stock Connect.
As of the previous trading day, the balance of Shanghai Stock Exchange financing was reported to 558.517 billion yuan, an increase of 2.207 billion yuan from the previous trading day, and the balance of margin trading was reported to 18.293 billion yuan, an increase of 7.306 billion yuan from the previous trading day; the financing balance of Shenzhen Stock Exchange was reported to 500.383 billion yuan. , An increase of 59.811 billion yuan compared to the previous trading day, the securities margin balance reported 7.512 billion yuan, an increase of 4.684 billion yuan over the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1,084.704 billion yuan, an increase of 74.009 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 3.043 billion yuan, of which the net inflow of Shanghai Stock Connect was 1.265 billion yuan, the balance of funds on the day was 50.735 billion yuan, and the net inflow of Shenzhen Stock Connect was 1.778 billion yuan. The balance is 50.222 billion yuan; the net inflow of southbound funds is 2.069 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 949 million yuan, the balance of funds on the day is 41.051 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 1.12 billion yuan, and the balance of funds on the day is 40.88 billion yuan.
Great Wall Securities believes that the uncertainties in the overseas market still exist, and the low valuation, growth and hedging properties of A shares are once again highlighted, and subsequent foreign investment is expected to continue to have a steady net inflow. In the context of the continued increase in new and old domestic infrastructure, foreign investment is expected to flow steadily along the two main lines of technological growth and large consumption.
Shanxi Securities analysis said that the short-term market is expected to continue the turbulent trend. The upward risk of bond yields will exert certain pressure on the valuation of the short-term equity market. At the same time, the market lacks a clear main line market, and the funds are crowded to heat up. This leads to crowded funds in individual sectors and significantly higher valuations. There is a pullback pressure in the short term. In terms of industry configuration, it is recommended to continue to follow up in major infrastructure (building, building materials, machinery, steel), some new infrastructure (5G, cloud computing, big data centers, etc.), and consumer promotion (automotive, small home appliances, domestic tourism) and other fields Investment opportunities with relatively high certainty. (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.)