Sino-Singapore Jingwei Client, September 9th. Affected by the heavy fall in US stocks overnight, in the early trading on the 9th, A shares opened lower and went down unilaterally, and then stabilized. Individual stocks in the two markets fell more and rose less; the ChiNext index fell sharply. 5%, 8 companies’ stocks are back to 4 yuan.

　　Source: wind

　　As of 11:30, the Shanghai Index reported 3280.96 points, a decrease of 1.07%, with a turnover of 220.881 billion yuan; the Shenzhen Component Index reported 12999.02 points, a decrease of 2.21%, with a turnover of 429.609 billion yuan; the ChiNext Index reported 2558.93 points, a decrease of 3.46%.

　　Most industry sectors are green, with daily chemicals, medical care, telecommunications operations, food and beverages, and semiconductors leading the decline; shipping, construction machinery, water services, transportation services, and steel are leading the rise.

　　Household chemicals and medical care fell more than 3% in the half-day, Mingchen Health fell 7.76%, Proya fell more than 6%, Qingdao Jinwang and Lafang Jahwa rose against the market.

In the healthcare sector, Wantai Biotech and Medicilon fell more than 9%, while BY-HEALTH and Mingde Biotech declined.

　　The concept sector fell more and rose less. Biological vaccines, seed industry, pork, smart wear, and genetic concepts led the decline; disperse dyes, hydrogen energy, special steel, and fuel cells led the rise.

　　The concept of biological vaccines led the decline, with a drop of more than 4%. Among them, Haili Biotech dropped by more than 9%, Wantai Biotech and Zhifei Biotech fell by more than 9%, and Bohui Innovation and Watson Biotech fell by more than 8%.

　　What needs to be mentioned is that the ChiNext index fell sharply by more than 5% for a half-day, and closed 3.46% as of midday.

The low-priced GEM stocks flashed in batches, and Ankong Technology, Baoli International, Meichen Ecology, Rongjie Health, Tiehan Ecology, Huayi Jiaxin and others returned to the ranks of 4 yuan.

The company with the lowest stock price is Rongjie Health, which reported 4.72 yuan.

　　The three GEM stocks that have been hotly speculated recently have been collectively suspended from trading in Tianshan Biological, Yu Diamond, and Changfang Group. Among them, Tianshan Biological has been suspended for the "second time" to verify its share price.

The Shenzhen Stock Exchange said on the evening of the 8th that after Tianshan Biotech resumed trading on September 2, its stock price has risen sharply, trading volume has been significantly increased, and short-term capital relay hype features are prominent.

At the same time, according to the monitoring situation, the transactions of Yudiamond and Changfang Group have similar characteristics to Tianshan Biological, and both trigger severe abnormal fluctuation standards, and the two companies are required to suspend trading for verification.

　　Overall, a total of 1,179 stocks in the two cities rose, of which 120 stocks such as Baotou Steel, Weiye, and ST Kangmei rose by more than 5%.

2690 stocks fell, of which 150 stocks such as Huichang, OneNet, and Tongxingda fell more than 5%.

　　In terms of turnover rate, a total of 34 stocks have a turnover rate of more than 20%, of which Jiamei Packaging has the highest turnover rate, reaching 64.77%.

　　China Merchants Bank believes that U.S. stocks fluctuate sharply and have short-term effects, but the mid-to-long term A-share trend is more independent.

From the emotional point of view, examining the historical performance of A shares and U.S. stocks, there is an obvious resonance phenomenon of risk aversion. That is, when the short-term risk aversion sentiment of US stocks is high, the risk aversion sentiment of A shares is also strong. Emotionally affected by US stocks.

However, in the medium and long term, the performance of A shares is more focused on their own fundamentals. In the second half of the year, under the environment of gradual recovery of corporate profits, A shares are expected to perform more independently.

　　According to Soochow Securities' analysis, the current market decline is rebounding. Due to the recent uncertainties in the external environment, it has a greater impact on domestic market sentiment. Some market funds choose to stay on the sidelines, and the short-term market has entered a downward trend.

From an operational point of view, investors can maintain a wait-and-see attitude in the near future and wait for the market to stabilize before choosing growth stocks with policy support and a better track.

(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.)