Sino-Singapore Jingwei Client, August 3rd. On the 3rd, the A-shares collectively opened higher and ushered in August. The three major indexes remained high in early trading. The ChiNext index rose by more than 2% during the session, and individual stocks showed a general upward trend.
As of midday's close, the Shanghai Index reported 3,345.79 points, up 1.08%, with a turnover of 358.6 billion yuan; the Shenzhen Component Index reported 13,859.30 points, up 1.62%, with a turnover of 481.5 billion yuan; the Growth Enterprise Market Index reported 2847.00 points, up 1.85%, with a turnover of 171 billion yuan.
The source of the Shanghai Index in early trading: Wind
On the disk, major industry sectors have risen one after another. Military industry stocks led the gains of the two cities, and individual stocks set a daily limit. Jianghang Equipment rose by more than 22%, and nearly 20 stocks such as North Navigation, Jianglong Boat, China Satellite Communication, and Hangfa Power Collective daily limit. Computers, semiconductors, communications equipment, automobiles, environmental protection, media, medical equipment and other sectors all rose more than 2%.
Satellite navigation concept stocks were active. China Science and Technology Star Atlas rose by more than 13%, and more than 10 stocks including UniStrong, China Test Navigation, Hangjin Technology, and Beidou Starcom all rose to their daily limits. On the news side, on July 31, the Beidou-3 global satellite navigation system was officially opened, marking the successful completion of Beidou's "three-step" development strategy and Beidou entering a new era of global service. Ran Chengqi, director of China's satellite navigation system management office and spokesperson for Beidou satellite navigation system, introduced at the press conference that Beidou-related products have been exported to more than 120 countries and regions, providing services to users over 100 million.
In terms of individual stocks, the two cities exceeded the daily limit of 150 shares; N French Lion and N Baoming were listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange respectively, and both rose 44% and were temporarily stopped, respectively quoting 18.85 yuan and 32.18 yuan.
Regarding the market outlook, Guosheng Securities pointed out that it continues to be optimistic about institutional cattle, technological innovation cattle and technology cattle. First, stock funds are still at a low allocation, and incremental funds continue to enter the market; second, the fundamentals of the technology growth sector will improve marginally in the second half of the year, and the prosperity of many sub-sectors will improve. Focusing on the optimal track for economic development in the medium and long term, the Chinese version of Nasdaq is being nurtured; third, the peak of lifting the ban on July 22 will provide a configuration "golden pit", which will become the starting point for science and technology innovation.
Guosheng Securities further stated that at present, the market's concerns about lifting the ban have gradually eased, and at the same time, the profitability and growth advantages of the Sci-tech Innovation Board are emerging when the interim report period approaches. More importantly, with the release of the Science and Technology Innovation 50 Index, the filing and issuance of the Science and Technology Innovation Board funds has been accelerated. With the subsequent directional irrigation of market funds, it is optimistic that the Science and Technology Innovation Board will become the main battlefield in August. (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.)