Sino-Singapore Jingwei Client, July 24. On Friday (24th), the three major A-share stock indexes opened lower and moved lower, and their losses narrowed in late trading. The Shanghai stock index dropped to near 3185 points. The themes of the two cities stalled across the board. Only the military industry stocks bucked the trend in the intraday market, but collectively dived to make up for losses in the late trading. The early strong sectors such as securities, tax exemption, semiconductors, and pharmaceuticals plummeted across the board.

　　Time-sharing chart of the Shanghai Stock Exchange Index. Source: Wind

　　As of the close, the Shanghai Composite Index fell 3.86% to 3196.77 points, with a turnover of 584.3 billion yuan, a cumulative fall of 0.54% this week; the Shenzhen Component Index fell 5.31% to 12935.70 points, with a turnover of 750.7 billion yuan, a cumulative drop of 1.37% this week; The board index fell 6.14% to 2627.84 points, with a turnover of 262.8 billion yuan, a 1.30% drop this week.

　　On the disk, the industry sector generally fell, with the securities sector leading the decline, China Everbright Securities, Caitong Securities, etc. fell by the limit, Zheshang Securities, Bank of China Securities, and Pacific Securities closed sharply. The semiconductor, household chemicals, healthcare, telecommunications operations, medicine, wine, insurance, tourism, food and beverage sectors were among the top decliners.

　　The ship sector bucked the market and closed red. Tianhai Defense rose more than 8%, China Shipbuilding Defense rose nearly 6%, China Shipbuilding Technology fell nearly 4%, and China Heavy Industries fell more than 2%. The sectors such as aviation, agriculture, forestry, animal husbandry and fishery, construction machinery, petroleum, coal, real estate, and banking experienced relatively narrow declines.

　　In terms of concept stocks, the UAV sector rose, with stocks such as Tongyu Heavy Industry, Jintongling, Changying Credit, Excalibur, and Aerospace Rainbow reaching their daily limits. Lithography, genetic concepts, immunotherapy, consumer electronics, and digital currency concept stocks were among the top decliners.

　　In addition, on the science and technology board, the Science and Technology 50 Index fell more than 7%, and the stocks in the index were almost all green. Only Blite closed up nearly %. Anji Technology, Hongquan IOT, Tiannai Technology, Qingyi Optoelectronics, Anheng Information and other stocks have fallen more than 10%.

　　In terms of individual stocks, 282 stocks rose, of which 68 stocks such as Hanshang Group, Tianbang, and ST Cloud Network rose by more than 5%. 3584 stocks fell, of which 150 stocks such as Dawn, Watertek Information, and Zheshang Securities fell more than 5%.

　　In terms of turnover rate, a total of 37 stocks have turnover rates of more than 20%, of which Coolte Smart has the highest turnover rate, reaching 74.17%.

　　As of the previous trading day, the Shanghai Stock Exchange’s financing balance was reported at 708.064 billion yuan, an increase of 4.038 billion yuan from the previous trading day, and the securities lending balance was at 30.603 billion yuan, an increase of 18 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 650.039 billion yuan. , An increase of 3.669 billion yuan from the previous trading day, and the securities lending balance was reported at 17.639 billion yuan, an increase of 962 million yuan from the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1406.345 billion yuan, an increase of 8.687 billion yuan from the previous trading day.

　　From the perspective of the north-south capital flow of the Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net outflow of northbound capital is 14.418 billion yuan, of which the net outflow of Shanghai Stock Connect is 8.391 billion yuan, the balance of funds on the day is 60.391 billion yuan, and the net outflow of Shenzhen Stock Connect is 6.027 billion yuan. The balance was 58.027 billion yuan; the net inflow of southbound funds was 1.488 billion yuan, of which the Shanghai-Hong Kong Stock Connect net outflow was 1.917 billion yuan, the day’s fund balance was 43.917 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 3.405 billion yuan, and the day’s fund balance was 38.595 billion yuan.

　　Huaxin Securities pointed out that the market showed a V-shaped adjustment on Thursday. Overall, the V-shaped rebound of A shares was in line with expectations. The impact of external events on market sentiment in the short-term is obvious, but it does not hinder the mid-term operation logic of A-shares. The index is currently in a repairing rebound period. After the short-term impact, the index is still expected to resume its upward trend. At present, the index still has continued upward momentum, but still needs to pay attention to changes in volume and energy. The 1.5 trillion yuan trading volume is still the core observation indicator for whether the index can effectively break through.

　　Guoyuan Securities said that, on the whole, the market's excessive worries and sentiments have reduced the effect of making money, and the pace of incremental capital entering the market has slowed down. As the impact of the interim report disclosure gradually emerged, the market returned to a structural market. (Zhongxin Jingwei APP)

(The opinions in the article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)