The Shanghai stock index opened higher, approaching 3300 points, leading gains in aerospace equipment, biological products and other sectors

　The Shanghai stock index opened higher, approaching 3300 points, aerospace equipment and other sectors led the rise

　　Sino-Singapore Jingwei Client, July 30, 30th, the three major A-share stock indexes collectively opened slightly higher. The Shanghai Composite Index reported 3299.57 points, an increase of 0.15%; the Shenzhen Component Index reported 13,595.77 points, an increase of 0.28%; the ChiNext Index reported 2,782.11 points, an increase of 0.53%.

　　WIND screenshot

　　On the board, sectors such as aerospace equipment, biological products, chemical raw materials, and fishery led the gains; sectors such as forestry, shipbuilding, public transportation, and textile manufacturing led the decline. In terms of concept stocks, blood products, biological vaccines, and Beidou navigation ranked among the top gainers, and Facebook concept, longevity drug NMN, Xi'an Free Trade Zone, lithography, and voice technology were among the top decliners.

　　In terms of individual stocks, 1776 stocks rose, among which 41 stocks including Qixiang Tengda, ST Jiajia, and ST Zhongjie rose more than 5%. 1408 stocks fell, of which 4 stocks, including the delisted Yinge, Ming Diao, and ST Shenglai, fell more than 5%.

　　As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 709.581 billion yuan, an increase of 5.73 billion yuan from the previous trading day. The securities lending balance was reported at 31.69 billion yuan, an increase of 1.409 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 648.785 billion yuan. , An increase of 6.725 billion yuan from the previous trading day, and the balance of securities lending reported 19.318 billion yuan, an increase of 983 million yuan from the previous trading day. The balance of margin trading and securities lending in the two cities totaled 1409.375 billion yuan, an increase of 14.846 billion yuan over 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 inflow of northbound capital is 121 million yuan, of which the net inflow of Shanghai Stock Connect is 94 million yuan, the balance of funds on the day is 51.906 billion yuan, and the net inflow of Shenzhen Stock Connect is 27 million yuan. The balance was 51.973 billion yuan; the net inflow of southbound funds was 2.614 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 2.482 billion yuan, the day’s fund balance was 39.518 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 132 million yuan, and the day’s fund balance was 41.868 billion yuan.

　　Shanxi Securities pointed out that on Wednesday, the large inflow of trading funds, especially northbound funds, led to a rebound in market sentiment. At the same time, the epidemic gave birth to a certain amount of funds to start grouping again. It is basically confirmed that the market will continue to maintain a volatile upward trend in the early stage, and the rotation of the popular sector may continue in the future. In the long run, continue to grasp the positive macro policies and the main line of economic recovery, and maintain the overall upward view of the market.

　　China Merchants Securities stated that economic fundamentals will continue to improve in the second half of 2020, and there will be a wave of obvious valuation restoration in the second half of the low-value sector. But from a performance perspective, it should be the traditional emerging industries that work together to improve performance. The valuation of emerging consumer medical technology is relatively expensive, but there are still many targets with reasonable valuations to improve performance. All in all, the extreme style transition in the second half of 2014 may be difficult to realize, and the dominance of the extreme technology, consumer and medicine in the first half of 2020 will also be broken, and the second half of 2020 will show the characteristics of a rotating and mixed style. (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.)