Sino-Singapore Jingwei Client, July 30th, Thursday (30th), A-shares fluctuated throughout the day. Stocks in the two cities fell more and rose less, and there were more than 90 daily limit stocks. In the sector, the concept of vaccines continues to be strong, and the concept of agricultural stocks and tax exemption is active.

　　Source: Wind

　　As of the close, the Shanghai Index reported 3286.82 points, a decrease of 0.23%, with a turnover of 476.974 billion yuan; the Shenzhen Component Index reported 13466.85 points, a decrease of 0.67%, with a turnover of 610.346 billion yuan; the ChiNext Index reported 2743.63 points, a decrease of 0.86%.

　　On the disk, electricity, agriculture, forestry, animal husbandry, fishery, chemical fiber, medicine, and healthcare were among the top gainers; ships, telecommunications operations, aviation, the Internet, and diversified finance were among the top decliners.

　　Shipbuilding fell more than 3%, leading the decline in industry sectors, none of the stocks rose, Tianhai Defense fell more than 7%. In addition, the power sector rose by more than 2%, and individual stocks set a daily limit wave. Six stocks including energy-saving wind power, Jiaze New Energy, and Yinxing Energy had their daily limit.

　　The concept sector fell more and rose less. Seed industry, biological vaccines, aquatic products, Hainan Free Trade, and wind energy were among the top gainers; including GDR, RCS concepts, gold concepts, Baidu concepts, and domestic software fell among the top.

　　The concept of biological vaccines continued to be strong and closed up 3.20% on the 30th. Among individual stocks, Bohui Innovation, Sihuan Biological, Tibet Pharmaceutical, and Wantai Biological had their daily limit. The concept of digital currency is sluggish, and Feitian Integrity, *ST Hanye, Kelan Software, and digital certification have all fallen.

　　Overall, a total of 1,428 stocks in the two cities rose, of which 148 stocks such as Zhenhua Technology, Nanning Department Store, and Yuebo Power increased by more than 5%. 2345 stocks fell, of which 31 stocks such as Jizhi Technology, Sunwill and Wanda Information fell more than 5%.

　　In terms of turnover rate, a total of 41 stocks had a turnover rate of more than 20%. Among them, CSSC Hanguang had the highest turnover rate, reaching 69.31%.

　　Regarding recent market trends, Centaline Securities analyzed that the current economy has entered a new round of wide credit cycles. Credit expansion and economic recovery have led to an increase in cyclical product valuation flexibility. Consumption, growth and other sectors have risen more in the previous period, and valuations are divided. The number is seriously deviated from the historical median value; the current A-shares are showing a volatile trend. During the performance reporting period, funds tend to be pro-cyclically repaired. Under conditions of ample liquidity, and in the process of the economic boom turning to emerging industries, the valuations of mainline sectors such as consumption, medicine and technology are relatively resilient.

　　Haitong Securities Xun Yugen said that the A-share market rose 80% of the time in the first half of this year, indicating that the first half of this year was a shock gain in the upward trend, and the epidemic only affected the market rhythm. The fundamentals of A-shares will gradually improve in the second half of the year, and the market will break through upwards, spreading from structural opportunities to rising rounds.

　　Guosheng Securities Research Report predicts that the mid-term trend of the market is still there. The current moderate and heavy volume will help the market continue to rebound, but the pressure on the tightly locked interval above 3350 is still. It is expected that this rebound will be accelerated in the case of plate rotation and weak correlation. Still unable to confirm whether it is a new round of reversal. Operationally, the superimposed weekend effect at the end of the month and the central bank's monetary policy are still important factors that interfere with market trends in the short term. Pay attention to the recovery opportunities of the better performance of the interim report, the expected economic recovery, and the low valuation of the cycle sector. (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.)