Sino-Singapore Jingwei Client, August 19th. On the 19th, the A-shares opened collectively lower and maintained green trading in the morning. The Shanghai Index once turned red at midday, and then dropped again. On the disk, high-value sectors such as semiconductors and vaccines led the decline, and individual stocks in the power sector lifted their daily limit.

  Source: Wind

  As of the close, the Shanghai Index reported 3,408.13 points, a decrease of 1.24%, with a turnover of 498.262 billion yuan; the Shenzhen Component Index reported 13,480.85 points, a decrease of 2.09%, with a turnover of 583.376 billion yuan; the ChiNext Index reported 2612.84 points, a decrease of 3.27%.

  Most industry sectors are green, with semiconductors, aviation, shipping, medical care, and insurance leading the decline; electricity, wine, water, agriculture, forestry, animal husbandry and fishery, food and beverages leading the rise.

  The semiconductor sector plummeted 3.79%, China Resources fell nearly 9%, Ruifeng Optoelectronics and Xinpeng fell slightly more than 8%. The power sector soared 3.01%, and individual stocks set their daily limit. Eight stocks including Meiyan Jixiang, Zhangze Power, Guidong Power, and Datang Power had their daily limit.

  The conceptual sector fell more and rose less. Biological vaccines, chips, gallium nitride, byte beating, and information security fell more; water conservancy construction, seed industry, artificial meat, aquatic products, and ecological agriculture saw higher growth rates.

  Biological vaccines fell 4.65%, and none of the stocks rose. Watson Biotech’s limit fell, Zhifei Biotech fell more than 9%, and Tibet Pharmaceutical, Bohui Innovation, Fosun Pharma, and Wantai Biotech all fell.

  Overall, a total of 848 stocks in the two cities rose, of which 111 stocks such as ST China Portugal, Chenfeng Technology, and Chunfeng Power rose by more than 5%. 3009 stocks fell, of which 150 stocks such as Aerospace Rainbow, Yinghe Technology, and Hongquan IOT fell more than 5%.

  In terms of turnover rate, a total of 53 stocks have a turnover rate of more than 20%, of which N Huaguang has the highest turnover rate, reaching 77.05%.

  Ping An Securities research report believes that the upward direction of the market will remain unchanged in the mid-term. In the short term, the ecology of the A-share market will gradually transform to profit-driven. The investment value of leading companies will become more prominent, and the market style will become more balanced. Traditional industries can focus on the restoration of leading companies’ valuations and high-growth emerging industries in the mid to long-term The upward direction of the economy remains unchanged, but it still has to be tested by time.

  According to Huaxin Securities analysis, it is currently believed that the rebound that began last Friday can be characterized as a short-term market, rather than a new round of trend breakthrough market. There will still be a process of shock and repetition in the later period, especially in the area above 3450 points. It will be very large, so the short-term is not blindly optimistic because of the single-day rise. For A-shares at this stage, wide fluctuations in the background where there is no breakthrough in quantity are the main tone. Even if it breaks through the previous high in the short term, it is likely to attract more. (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.)