Sino-Singapore Jingwei Client, July 22nd. On Wednesday, A shares quickly turned red after a collective low opening. The two cities showed a general upswing pattern, but the daily limit stocks were less than 60. In the early days of the market, the mainline brokerage, tax-free, and semiconductors strengthened again; the pharmaceutical market continued , NMN, oil and gas equipment, food and beverage, PVC and other sectors have taken turns to rise.

  As of 11:30, the Shanghai Composite Index reported 3,306.78 points, an increase of 1.2%, with a turnover of 335.215 billion yuan; the Shenzhen Component Index reported 13,755.66 points, an increase of 1.62%, with a turnover of 398.575 billion yuan; the Growth Enterprise Market Index reported 2789.03 points, an increase of 1.92%.

  Among the industry sectors, only papermaking, water affairs, culture, education and leisure fell slightly; securities, aviation, petroleum, telecommunications operations, and IT equipment had the largest gains.

  The securities sector rose 3.19%. Among them, Caitong Securities and No.1 Venture Capital rose by more than 6%. Orient Securities, Northeast Securities, Yangtze River Securities and others followed their gains.

  In the concept sector, only seawater desalination and medical treatment dropped slightly; combustible ice, gold concepts, oil and gas reforms, operating systems, and luxury goods increased significantly.

  Combustible ice rose 2.83%, leading the rise in the conceptual sector. Haohua Technology's daily limit, the potential Hengxin rose nearly 7%. In addition, the concept of gold rose 2.56%, Xingye Mining, Shengda Resources, *ST Jingui daily limit.

  Overall, a total of 2782 stocks in the two cities rose, of which 149 stocks such as Yiwei Lithium Energy, Huabao shares, Jinniu Chemical rose more than 5%. 897 stocks fell, of which 11 stocks including Youhao Group, ST Mingke, and Jinsheng New Materials fell by more than 5%. In terms of turnover rate, there are a total of 7 stocks with a turnover rate of more than 20%, of which Xinqianglian has the highest turnover rate, reaching 44.8%.

  On the news, the most active August gold futures price on the New York Mercantile Exchange gold futures market rose by 26.5 US dollars over the previous trading day on the 21st, closing at US$1843.9 per ounce, an increase of 1.46%, a record high in nearly nine years. The rise in gold has also driven silver higher. International silver prices hit a four-year high on the 21st. Wind data shows that as of the close of the day, the London spot silver price rose more than 7% to 21.3 US dollars per ounce.

  Yuekai Securities said that the ChiNext Index is still the leading indicator of this round of rebound. In the early stage of the Shanghai Stock Exchange Index hitting 3000 points, the strong upside of the ChiNext Index played an important role as a market indicator. Looking backward, the ChiNext Index is still the leading indicator of this round of rebound. At present, the resistance above the ChiNext Index is near the previous high of 2900 points. If the ChiNext Index can continue to break through the resistance strongly, it will lead the rebound to develop in depth.

  According to the analysis of the research report of Centaline Securities, from the current market characteristics, the complementary growth of the cyclical industry and the continuous strengthening of the growth consumer sector interact in an orderly manner, allowing OTC funds to be allocated separately according to their own needs, and the hot spots of the two cities show the characteristics of steady strengthening. Investors are advised to pay close attention to changes in policies, capital and external markets, while continuing to pay attention to sectors where interim performance growth exceeds expectations. It is expected that the Shanghai stock index may be more likely to consolidate in the short-term, and the ChiNext market may be more likely to fluctuate strongly. (Zhongxin 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.)