Sino-Singapore Jingwei Client, August 14-Friday morning (14th), the Shanghai Composite Index opened 0.15% lower, the Shenzhen Component Index opened 0.14% lower, the ChiNext Index opened 0.08% higher, and the Science and Technology 50 Index opened 0.10% lower. Gold stocks led the gains and brokerage stocks pulled back.
The rise and fall of the major A-share stock indexes. Source: Wind
On the disk, sectors such as plastics, gold, commercial property management, plantation, and highways led the gains; sectors such as agriculture, oil exploration, fisheries, gas, and public transportation led the declines. In terms of concept stocks, genetically modified products, yesterday's daily limit, cotton, ventilators, REITs, etc. top the gains, and sweeteners, EDA design software, iQiyi concept, duty-free shop concept, and Ma Cai concept top decliners.
In terms of individual stocks, 1283 stocks rose, among which 25 stocks including ST Bio, ST Shanshui, and Jiawei Xinneng rose more than 5%. 1999 individual stocks fell, of which 23 stocks including Bohui Innovation, Baolingbao, and Fengyuan Pharmaceutical fell more than 5%.
In terms of capital flow, the top five industries that flow into the top five are other transportation equipment, cultural media, Internet media, marketing communications, and shipbuilding. The top five outflows are other transportation equipment, cultural media, Internet media, marketing communications, Shipbuilding. The top five stocks with major inflows are Western Region Tourism, Surveying and Mapping, Haoyang, New Industries, and Peri Shares. The top five stocks that outflow are Western Region Tourism, Surveying and Mapping, Haoyang, New Industries, and Peri Shares. . The top five conceptual themes of the main inflow are O2O concept, cotton, UHV, wind power, and Shenzhen state-owned reform. The top five conceptual themes that are outflow are O2O concept, cotton, UHV, wind power, and Shenzhen state-owned reform.
Data from the China Foreign Exchange Trading Center showed that the central parity of the RMB against the US dollar rose by 24 basis points to 6.9405.
As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 726.545 billion yuan, a decrease of 39 million from the previous trading day. The securities lending balance was reported at 39.749 billion yuan, an increase of 895 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 674.051 billion yuan. , An increase of 1.545 billion yuan over the previous trading day, and the securities lending balance reported 22.339 billion yuan, an increase of 22 million yuan over the previous trading day. The balance of margin financing and securities lending in the two cities totaled 1,462.684 billion yuan, an increase of 2.424 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 inflow of northbound funds is 153 million yuan, of which the net inflow of Shanghai Stock Connect is 34 million yuan, the balance of funds on the day is 51.666 billion yuan, and the net inflow of Shenzhen Stock Connect is 119 million yuan. The balance was 51.881 billion yuan; the southbound net inflow of funds was 551 million yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 455 million yuan, the day’s fund balance was 41.545 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 96 million yuan, and the day’s fund balance was 41.904 billion yuan.
Minsheng Securities stated that there are no obvious signs of tightening liquidity at present, the valuation of heavy stocks such as financial and real estate is still low, and the space for index adjustment is relatively limited. Generally speaking, the current valuation of A shares is reasonable, the long-term allocation value is relatively prominent, and the market is volatile in the mid-term Upward, pay attention to high-prosperity industries and high-growth targets for semi-annual reports.
In addition, Centaline Securities pointed out that the historical quantiles of PE or PB of the major A-share indexes have been at a relatively high level, which has been more fully repaired than in the previous period. At present, under the condition that external risks continue to exist, fund shares are still expanding rapidly, social funds are flowing into the stock market, and funds have begun to be allocated at two ends: on the one hand, continue to group together to warm up the main line of high-quality targets, such as food and beverage, medicine and semiconductors; on the other hand, with The undervalued sectors represented by finance, real estate and infrastructure are more concerned about incremental funds due to their margins of safety and cost advantages, and have phased allocation value. We are optimistic about the short-term risk appetite will not rebound significantly in the context of the system, the market style will switch to large-cap high-performance stocks, but the long-term valuation of the main line industry is still relatively stable. (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.)