China-Singapore Jingwei client July 1st-The first trading day in July, the Shanghai index continued to strengthen, and the GEM index rebounded in the afternoon, and the two cities were seriously divided. In the sector, liquor, real estate and other weight sectors led the gains.
Source: Wind
As of the close, the Shanghai index reported 3023.98 points, an increase of 1.38%, and the turnover was 369.884 billion yuan; the Shenzhen Component Index reported 12112.96 points, an increase of 1.01%, and the turnover was 537.386 billion yuan; the GEM index reported 2419.63 points, a decrease of 0.76%.
On the plate, the wine-making sector rose again in the afternoon, rising 4.42%. Among them, the old white dry wine, Yingjiagong wine, alcoholic wine, Luzhou old cellar, and gold seed wine daily limit, the willing wine industry rose by more than 9% and hit the daily limit. It rose by 2.15%, and was reported at 1,494.27 yuan per share, with a total market value of about 1.88 trillion yuan.
In addition, the real estate sector continued to strengthen, rising 2.92%, individual stocks set a rising and falling tide, Xinhua United, Jinke shares, Greenland Holdings, Gemdale Group and other 10 stocks daily limit, Poly Real Estate, Vanke A have followed suit.
In terms of concepts, GDR, affordable housing, the Bohai Rim, Guangdong, Hong Kong and Macao, and aquatic products were among the top gainers; special steel, pest control, Baidu concepts, and lithography machines were among the top decliners.
The concept of affordable housing rose by 2.59%, and Xinhualian and Gemdale Group daily limit. The concept of aquatic products rose by 1.53%, of which, Zhangzi Island's daily limit and Dahu shares rose by more than 4%.
Overall, a total of 2092 stocks in the two cities rose, and 149 stocks such as Chinese Garden, Jiaozuo Wanfang, and Xuanya International rose more than 5%. 1,573 stocks fell, among which 37 stocks such as Baibang Technology, Guanghetong, ST Xiamen, etc. fell more than 5%.
In terms of turnover rate, a total of 30 stocks have a turnover rate of over 20%, of which Zhengchuan shares have the highest turnover rate of 55.57%.
The liquor sector is undoubtedly the main force driving stock index upwards on the first trading day of the second half of the year. Guosheng Securities Research reported that Maotai opened up the price space, and Wuliangye and Luzhou Laojiao "hand in hand" hit the price band of 1,000 yuan. Due to the “integrity” of prices in the liquor industry, Maotai has created a sense of scarcity and boosted brand power, opening the price ceiling for liquor brands. In addition, Qinghua Fenjiu and Shuijingfang also issued price increase notices to enhance price stability in various regions.
Looking forward, Everbright Securities believes that the situation in the third quarter is very different from that in the second quarter, and the market's upward momentum is switching from currency-driven to profit-driven. In this process, before the improvement of corporate profits is generally recognized, the risk of excessive policy tightening or the market’s concerns about excessive policy tightening may weaken short-term action capacity, thereby causing short-term adjustment pressure in the market. Investors need to attention.
Shanxi Securities Research reported that the speed of economic recovery may be lower than expected. A-share performance may be under pressure and currency liquidity may be reduced. Currently, the market does not support the entry of a comprehensive bull market. The valuation of A shares is generally reasonable and presents a structured high valuation pattern, but foreign investment will continue to flow under the comparative advantage, and the market is expected to remain volatile. In addition, in July the GEM holding group market will continue. (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.)