A-shares fluctuated and weakened: the index fell more than 1% in half a day, pork concept led the decline

　　Sino-Singapore Jingwei Client September 7th. On the 7th, A-shares fluctuated and weakened in early trading. Individual stocks in the two markets rose more and fell less. ChiNext turnover exceeded the main board. Funds continued to focus on ChiNext stocks. Nearly 40 stocks rose more than 10%. , Of which 7 low-level stocks have daily limit.

　　Source: Wind

　　As of 11:30, the Shanghai Stock Exchange Index reported 3350.03 points, a decrease of 0.16%, with a turnover of 191.621 billion yuan; the Shenzhen Component Index reported 13555.54 points, a decrease of 0.74%, with a turnover of 375.527 billion yuan; the Growth Enterprise Market Index reported 2700.63 points, a decrease of 1.15%.

　　Most of the industry sectors were red for half a day, with mineral products, tourism, ships, semiconductors, and IT equipment leading the rise; food and beverage, medical care, agriculture, forestry, animal husbandry and fishery, wine making, and aviation leading the decline.

　　The semiconductor sector rose sharply again on the 7th, rising by 2.65%. Among them, Jucan Optoelectronics, Qianzhao Optoelectronics, Lianjian Optoelectronics and other four stocks rose at their daily limit, Sanxiong Aurora, Yaguang Technology and others followed up.

　　The concept sector also rose more and fell less. Gallium nitride, sandstorm management, RCS concepts, and medical waste treatment topped the rise; pork, biological vaccines, genetic concepts, and artificial meat topped the decline.

　　The pork concept weakened on the 7th and led the decline in the concept sector. Among them, Tianbang shares fell more than 7%, New Hope, Tangrenshen fell more than 6%, and Tiankang Bio, Zhengbang Technology, and Shuanghui Development fell.

　　Overall, in terms of individual stocks, 2231 individual stocks rose, among which 149 individual stocks such as Kaineng Health, Lutong Vision, and Xingxing Technology rose more than 5%.

1567 stocks fell, of which 62 stocks including Oriental Silver Star, Ruilian New Materials, and Fujie Environmental Protection fell more than 5%.

　　In terms of turnover rate, a total of 19 stocks had a turnover rate of more than 20%, of which C Canaan had the highest turnover rate, reaching 41.35%.

　　According to the analysis of the Centaline Securities Research Report, the current US stock market has not yet ushered in an inflection point, let alone entering a bear market, and the market performance is within the normal adjustment range.

In the A-share market, the second quarterly report reflects that the current performance of A-shares has bottomed out and rebounded under the background of the epidemic control in place, especially the rebound in the performance of small and medium-sized enterprises.

　　Northeast Securities believes that the short-term adjustment of US stocks has limited impact on A shares.

From the perspective of the conduction of U.S. stocks to A-shares, in terms of liquidity, it is unlikely that exchange rate fluctuations will affect domestic liquidity, and it is unlikely that a substantial outflow of funds from Shanghai and Shenzhen Stock Connect is likely.

　　AVIC Securities stated that under the current market environment, consumption and technology are already at historically high valuations, and the probability of continuing to set new highs is low. It is expected that A-shares will likely maintain a volatile pattern in the future, and it will be more difficult to break upward.

(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.)