Sino-Singapore Jingwei Client, August 3rd. On the 3rd, the Shanghai and Shenzhen stock markets opened slightly higher in the morning, and then maintained a volatile recovery trend. In the afternoon, the Shanghai index fluctuated within a narrow range around 3350 points, and the GEM index rose nearly 3% in intraday trading. The subject matter was active, the military industry concept lifted the limit tide, individual stocks rose more and fell less, and the trading volume was significantly enlarged.
As of the close, the Shanghai Index reported 3367.97 points, an increase of 1.75%, with a turnover of 572.431 billion yuan; the Shenzhen Component Index reported 13964.56 points, an increase of 2.4%, with a turnover of 753.194 billion yuan; the Growth Enterprise Market Index reported 2868.88 points, an increase of 2.63%.
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On the disk, aerospace equipment, aviation equipment, ground military equipment, glass manufacturing, shipbuilding and other sectors led the gains; tourism integrated, gold, and beverage manufacturing sectors led the decline. In terms of concept stocks, capital leader, Beidou navigation, glass concept, large aircraft, EDA design software, etc. rose among the top gains, while titanium dioxide and liquor were among the top decliners.
In terms of individual stocks, 3582 stocks rose, among which 148 stocks such as Longsheng Technology, Jacques Technology, and Xuelong Group increased by more than 5%. 282 stocks fell, of which Kangda New Materials, Lomon Baili, Fuchun shares fell more than 5%.
In terms of turnover rate, a total of 35 stocks had a turnover rate of more than 20%. Among them, Crane shares had the highest turnover rate, reaching 66.0%.
As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 715.122 billion yuan, an increase of 2.531 billion yuan from the previous trading day, and the securities lending balance was at 32.837 billion yuan, an increase of 504 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 656.889 billion yuan. , An increase of 4.169 billion yuan from the previous trading day, and the securities lending balance reported 20.014 billion yuan, an increase of 671 million yuan from the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1,424.862 billion yuan, an increase of 7.875 billion yuan from the previous trading day.
From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound capital is 2.345 billion yuan, of which the net outflow of Shanghai Stock Connect is 818 million yuan, the balance of funds on the day is 52.818 billion yuan, and the net inflow of Shenzhen Stock Connect is 3.163 billion yuan. The balance was 48.837 billion yuan; the net inflow of southbound funds was 5.901 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 3.482 billion yuan, the day’s fund balance was 38.518 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 2.419 billion yuan, and the day’s fund balance was 39.581 billion yuan.
From a technical point of view, Shanxi Securities pointed out that the Shanghai stock index has stepped into the upper lock-up zone, and further strengthening requires continued enlargement of turnover. From the perspective of macro funds, the ultra-loose monetary policy in response to the phased epidemic has been withdrawn, and the monetary policy has shifted to stable currency and wide credit; from the perspective of micro liquidity, market sentiment has cooled, and indicators such as leveraged funds and turnover rates have all declined . It is difficult to enlarge the turnover again in the short term. Pharmaceuticals, securities firms, and technology are still in a boom cycle. Investors are advised to pay attention to the direction of securities firms, pharmaceuticals, and technology.
In terms of industry allocation, Great Wall Securities believes that the follow-up market structure will tilt toward the “two cycles”, focusing on opportunities related to stimulating domestic demand. The first is to combine performance and valuation of cost performance. In the short term, it is recommended to continue to pay attention to investment opportunities in cyclical industries, especially the infrastructure sector. The second is to continue to pay attention to the new infrastructure chain with strong certainty, especially 5G-related downstream applications, and the direction of technological growth also suggests to continue to pay attention to the new energy automobile industry chain, cloud computing, semiconductors, etc. The third is to pay attention to securities firms and Internet finance that have benefited from capital market reforms and increased market activity. Fourth, in the medium and long term, continue to be optimistic about the strong expectations of essential consumption, medical care, food, home appliances, etc.
Guodu Securities stated that in the second half of the year, if the economic recovery trend is clear and the marginal convergence trend of monetary policy is established, the momentum of valuation expansion will likely fail, and the upward momentum will return to the fundamental logic. At that time, structural opportunities may be mainly pro-cyclical low-valuation blue chips. Supplementary gains (mainly replenishment of optional consumption such as home furnishings, home appliances, automobiles, travel theaters, and midstream manufacturing replenishment of chemicals, building materials, machinery, and electrical equipment), and leading technology stocks whose performance exceeds expectations in the mid-term boom. (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.)