China-Singapore Jingwei client July 1st today (1st) is the first trading day of A shares in July and the first trading day of the second half of the year. The Shanghai index reported 2,991.18 points, an increase of 0.22%; the Shenzhen Component Index reported 12024.84 points, an increase of 0.27%; the GEM Index reported 2,449.87 points, an increase of 0.48%.
Shanghai and Shenzhen stock market opening performance source: Wind
On the disk, attractions, tourism, new chemical materials, retail, automobiles, nonferrous metals and other sectors rose the most. Brokerage stocks led the decline, and China Merchants Securities fell more than 2%; agriculture, steel, textiles, media and other sectors drifted green.
In terms of concept stocks, Tesla's concept stocks were active and Aoteca's daily limit; duty-free shops, capital leaders, tourism, tobacco, etc. rose; Hangzhou Asian Games, Special Steel Concepts, genetically modified, REITs, Xi'an Free Trade Zone and other declines were among the top decliners.
In terms of individual stocks, 31 stocks rose in 2012, among which 31 stocks such as Zhongsheng Pharmaceutical, Xiangyirongtong, ST Jiajia rose more than 5%; 1088 stocks fell, of which Shandong Huapeng, Lanying Equipment, Dinggu Jichuang and others 7 Only individual stocks fell more than 5%.
In terms of capital flow, the top five inflows in the industry sector are other transportation equipment, cultural media, Internet media, marketing communications, and shipbuilding. The top five outflows are other transportation equipment, cultural media, internet media, marketing communications, Shipbuilding. The top five stocks that flowed into the top five were N Capital, Zhongke Haixun, Neptune Mining Machine, Shuangfei shares, and Ai Kelan. The top five stocks that flowed out were N Capital, Zhongke Hixun, and Neptune mining machine. Shuangfei shares, Aikelan. The top five influential themes are O2O concepts, cotton, UHV, wind power, and Shenzhen state-owned asset reform, and the top five out-of-the-box concepts are O2O concept, cotton, UHV, wind power, and Shenzhen state-owned asset reform.
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 capital was 277 million yuan, of which the net outflow of Shanghai Stock Connect was 676 million yuan, the balance of funds on the day was 52.676 billion yuan, and the net inflow of Shenzhen Stock Connect was 953 million yuan. The balance is 51.047 billion yuan; the net inflow of southbound funds is 6.279 billion yuan, of which the net inflow of Shanghai-Hong Kong Stock Connect is 2.164 billion yuan, the balance of funds on the day is 39.836 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect is 4.115 billion yuan, and the balance of funds on the day is 37.885 billion yuan.
On the previous trading day (June 30), A shares ended in the first half of the year, and both cities rose across the board. As of the close, the Shanghai index rose 0.78%, the Shenzhen Component Index rose 2.04%, and the GEM Index rose 2.77%. Among them, the Shenzhen Component Index and the Growth Enterprise Market Index both hit new highs in four years, and the Growth Enterprise Market Index has risen by 35.60% since the beginning of the year.
Data show that in the first half of the year, 562 A-share stocks reached record highs. After excluding new shares listed during the year, 123 shares doubled, and 12 shares rose more than 200%. In terms of the industry sector, medical biology has become the most profitable sector during the year, with a cumulative increase of 40.28%; thereafter it is followed by leisure services, electronics, food and beverage, and computers.
Qian Delong, chief economist of Qianhai Open Source Fund, believes that the GEM index will hit another four-year high, which will drive A shares from a partial bull market to a full bull market. The main driving forces for A-shares to shift from partial bull markets to full-scale bull markets include: China’s economy has recovered well after the epidemic was controlled; China’s monetary policy has been loosened, and household savings have gradually been transferred to the stock market; A-share registration will continue to release policy dividends, etc. .
For the A-share market in July, CITIC Securities pointed out that the market will fluctuate in July. The economic recovery has short-term twists and turns. Finance and the cycle have certain defensive attributes due to the low valuation. Technology and consumer valuations are relatively high, and they are not dominant in the macro direction. From the overall point of view in the second half of 2020, the economic tortuous recovery is the main line. The driving force of the financial sector and the cyclical sector is more obvious. It belongs to the industry driven by domestic demand. At the same time, it also has the advantage of low valuation. It is recommended that investors reverse the market layout.
In terms of configuration, CICC believes that in the next 3-6 months, it is recommended to focus on domestic consumption related sectors, including some pan-consumption sectors where valuations are still generally low and the recovery in the second half of the year may still deepen, such as automobiles and parts, and home appliances , Light industrial home furnishing, hotels, tourism, media Internet, etc., as well as food and beverage, medicine, etc. that have already performed in the first half of the year; advanced manufacturing such as technology, photovoltaic new energy and new energy automotive industry chain; some valuations are not high and downside risks Small and prosperous industries that are or may be improving in financial and cyclical industries, such as brokerages, insurance, leading real estate, and building materials. (China-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.)