GEM index rose nearly 3% in half a day, digital currency concept stocks broke out

　　Sino-Singapore Jingwei Client, October 12th, on the 12th (Monday), the three major A-share indexes opened higher and higher. The Shanghai Stock Exchange Index and the Shenzhen Component Index both rose more than 2%, and the index rose close to 3%.

Digital currency concept stocks broke out. Securities firms, insurance, military industry, and liquor stocks led the gains. UHV, charging piles, coal, etc. took turns to rise. The Shenzhen sector performed strongly, and themes such as photovoltaics and new energy vehicles diverged.

　　Time-sharing chart of the Shanghai Stock Exchange Index.

Source: Wind

　　As of midday's close, the Shanghai Index rose 2.27% to 3,346.26 points, with a turnover of 214.3 billion yuan; the Shenzhen Component Index rose 2.39% to 13,606.33 points, with a turnover of 375.1 billion yuan; the ChiNext Index rose 2.99% to 2752.83 points, with a turnover 182.2 billion yuan; in addition, the Science and Technology 50 Index rose 1.51% to 148.810 points, with a turnover of 21.5 billion yuan.

　　On the disk, sectors such as comprehensive agriculture, aviation equipment, professional retail, electrical machinery, and semiconductors led the gains; sectors such as Internet media and scenic spots led the decline.

In terms of concept stocks, capital leaders, titanium dioxide, shared bicycles, tire pressure monitoring, and Shenzhen's state-owned assets reform led the rise, while transfer expectations, sweeteners, and smart speakers led the decline.

　　In terms of individual stocks, 3751 stocks rose, among which many stocks such as Lingyizhizhi, Hualian Holdings, and Lihewei rose more than 5%.

219 stocks fell, of which Jianyou shares, ST Changyu, Pengding Holdings and other stocks fell more than 5%.

　　In terms of turnover rate, a total of 28 stocks have a turnover rate of more than 20%, of which Guangha Communication has the highest turnover rate, reaching 44.35%.

　　In terms of capital flow, the top five major flows of industry sectors are brokerages, power supply equipment, bank II, optical optoelectronics, and electronics manufacturing, and the top five outflows are securities companies, power supply equipment, bank II, optical optoelectronics, and electronics manufacturing.

The top five stocks with major inflows are BOE A, CITIC Securities, Ping An, No. 1 Venture, and Lingyi Zhizhi. The top five stocks that flow out are BOE A, CITIC Securities, No. 1 Venture, Luxshare Precision, China Safe.

　　As of the previous trading day, the Shanghai Stock Exchange’s financing balance was reported at 722.624 billion yuan, an increase of 3.85 billion yuan from the previous trading day, and the securities lending balance was at 55.633 billion yuan, an increase of 1.704 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 676.86 billion yuan. , An increase of 6.887 billion yuan from the previous trading day, and the securities lending balance reported 30.443 billion yuan, an increase of 772 million yuan from the previous trading day.

The balance of margin financing and securities lending in the two cities totaled 1.485.56 billion yuan, an increase of 13.212 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 11.927 billion yuan, of which the net inflow of Shanghai Stock Connect is 5.80 billion yuan, the balance of funds on the day is 46.20 billion yuan, and the net inflow of Shenzhen Stock Connect is 6.127 billion yuan. The balance was 45.873 billion yuan; the net inflow of southbound funds was 4.126 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 2.004 billion yuan, the fund balance on the day was 39.996 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 2.122 billion yuan, and the day’s fund balance was 39.878 billion yuan.

　　New Times Securities stated that in the adjustment since mid-July, various negatives have continuously impacted the market, but compared with the two adjustments in March 2020 and April-May 2019, the lethality is much smaller, which reflects the long-term stock market. The reversal of the trend has turned from a shock market to a bull market.

In a bull market, once the adjustment is over and the rise is started again, the magnitude is often considerable. October may usher in a bull market rise. Once established, investors’ psychological inertia towards the shock market will really change, and the bull market will also look like a shock. Like the city, new inertia and beliefs are formed.

　　At the same time, Huaxin Securities pointed out that after the first day of the holiday, it paid more attention to the continuity of the market warming. From the perspective of weekend news, the State Council issued the "Opinions on Further Improving the Quality of Listed Companies", which once again highlighted The important position of the capital market also means that the main tone of mid-to-long-term market volatility and upward movement will not change, but in the short-term, the large increase can not be greatly enlarged. There are two possibilities: one is under consistent expectations. As the volume shrinks and rises, there will still be a process of heavy volume change in the later stage, otherwise it will be difficult to get a trending market in the short term; second, the sentiment has not yet recovered and the investor participation is not high, which is a more dangerous signal.

(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.)