China News Service Client Beijing, July 2 (Xie Yiguan), led by financial stocks, the Shanghai stock index continued its strong momentum and ushered in the "three consecutive suns", closing up more than 2%, a new high of 5 and a half months. The agency believes that the risk resistance of A-shares has increased, and the market will continue its volatile upward trend.

Shanghai index K chart.

Shanghai index refers to "three consecutive yangs", foreign capital inflows in a single day is 17.1 billion

  As of the close on the 2nd, the Shanghai index rose 2.13% to 3090.57 points; the Shenzhen Component Index rose 1.29% to 12269.49 points; the ChiNext Index rose 0.20% to 2424.39 points. As trading sentiment in the market soared, the turnover of the two cities throughout the day was significantly higher than the previous trading day, and the trillion level was reproduced.

  The net inflow of northbound funds for the whole day was 17.116 billion yuan, a new high since June 19. Among them, the net inflow of Shanghai Stock Connect was 11.161 billion yuan, and the net inflow of Shenzhen Stock Connect was 5.955 billion yuan.

  On the disk, financial stocks broke out, and the securities sector staged a daily limit. Eleven stocks such as Zhongtai Securities, China Merchants Securities, and China Everbright Securities had daily limits. The industry sector has more reds and greens, and securities, diversified finance, insurance, hotels, catering, and insurance sectors have risen ahead. In the concept sector, gaming concepts led the broader market, and electronic payment and ETC concepts also performed strongly.

  As of the close, a total of 2891 stocks in the two cities rose, and 105 stocks had a daily limit; 773 stocks fell, and 20 stocks fell.

Information figure: Stockholders in a securities business department are concerned about the market trend. China News Service reporter Zhang Langshe

Institution: the market will continue to oscillate upward trend

  "The central bank decided to reduce the re-loan and re-discount rates from July 1st. Among them, the re-lending rate for agricultural support, the re-loan for small loans and the re-discount rate were reduced by 0.25 percentage points, and the re-lending rate for financial stability was reduced by 0.5 percentage points." Everbright Securities said that the above operation once again shows that the domestic policy environment will still remain loose with a high probability, and structural policies will continue to exert force.

  "As the market is gradually returning to the first stage of the policy economic cycle of "strong data and loose policy", the market's upward momentum will also be switched from currency-driven to profit-driven." Everbright Securities believes.

  Shanxi Securities expects that confidence in the A-share market will continue to recover in the future. "In the medium term, in the context of the domestic economic recovery and the rebound in supply and demand, the recent A-share trading volume has risen. The future rotation of the sector may continue, and we can maintain a relatively optimistic attitude towards the A-share market."

  "Currently, domestic fundamentals are recovering steadily, economic data continues to pick up, and the A-share's ability to resist risks has increased. Each callback without changing the direction has become an opportunity to get on the car again, and the market will continue to oscillate upward." China Post Securities pointed out. (Finish)