Sino-Singapore Jingwei Client, October 16th. On the 16th (Friday), the three major A-share indexes continued their weakness. The Shenzhen Component Index and the ChiNext stock index rose briefly at the beginning of the trading session and then fluctuated down. Both fell by more than 1%; It showed an M-shaped shock trend, and suddenly dived to green near the close.

Individual stocks generally fell, with more than 2,800 shares closing in the green.

The coal, natural gas, banking and other sectors ranked among the top gainers, and the third-generation semiconductor, Tesla, and registered sub-new sectors were among the top decliners.

　　Time-sharing chart of the Shanghai Stock Exchange Index.

Source: Wind

　　As of midday's close, the Shanghai Composite Index fell 0.28% to 3322.85 points, with a turnover of 157.6 billion yuan; the Shenzhen Component Index fell 1.28% to 13,450.67 points, with a turnover of 286.8 billion yuan; the ChiNext Index fell 1.45% to 2698.35 points, with a turnover 148.8 billion yuan; the Science and Technology 50 Index fell 1.62% to 1430.28 points, with a turnover of 14.1 billion yuan.

　　On the board, the gas, banking II, coal mining, petrochemical, marketing communications and other sectors led the gains; power equipment, agribusiness, automotive vehicles, aerospace equipment, electronics manufacturing and other sectors led the decline.

In terms of concept stocks, coal, yesterday's daily limit, graphite electrodes, banks, new stocks and sub-new stocks were among the top gainers, and capital leaders, Weilai Auto Concept, 3D Glass, Evergrande Auto, and Apple Concept were among the top decliners.

　　In terms of individual stocks, 994 individual stocks rose, of which Guizhou Sanli, ST Haoyuan, Blite and other stocks rose more than 5%.

2838 individual stocks fell, among which several stocks such as International Medical, Xinyaqiang, and Xingyuan Materials fell more than 5%.

　　In terms of turnover rate, a total of 27 stocks had a turnover rate of over 20%. Among them, N Panda had the highest turnover rate, reaching 66.4%.

　　In terms of capital flow, the top five major flows of industry sectors are Bank II, brokerage firms, coal mining, power supply equipment, and optical optoelectronics. The top five outflows are Bank II, power supply equipment, brokerage firms, optical optoelectronics, and coal mining.

The top five stocks with major inflows were Industrial Bank, Ping An Bank, China Merchants Bank, Industrial and Commercial Bank of China, and Ping An of China. The top five stocks with outflows were Goldwind Technology, BOE A, Ping An Bank, Industrial Bank, and Industrial and Commercial Bank of China.

　　As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 731.455 billion yuan, a decrease of 500 million from the previous trading day, and the securities lending balance was reported at 60.972 billion yuan, an increase of 153 million from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 696.474 billion yuan. , An increase of 1.604 billion yuan from the previous trading day, and the securities lending balance reported 35.65 billion yuan, an increase of 1.833 billion yuan from the previous trading day.

The balance of margin financing and securities lending in the two cities totaled 1,524.551 billion yuan, an increase of 3.09 billion yuan from the previous trading day.

　　From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound funds is 169 million yuan, of which the net inflow of Shanghai Stock Connect is 295 million yuan, the balance of funds on the day is 51.705 billion yuan, and the net outflow of Shenzhen Stock Connect is 126 million yuan. The balance was 52.126 billion yuan; the net inflow of southbound funds was 3.003 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 1.734 billion yuan, the day’s fund balance was 40.266 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 1.269 billion yuan, and the day’s fund balance was 40.731 billion yuan.

　　Huaxin Securities analysts said that due to the inability to continue to expand the volume and the upward pressure on the index, there was a situation of sideways shocks.

From the current point of view, the index is still in the adjustment stage, short-term indicators have not yet entered an absolute oversold state, which means that the index still has room for downside, but the space will not be too dominant. On the whole, the 3300-3320 point area or It can form a more favorable support force, and it is still appropriate to buy low at present. In the medium term, the index still has upward momentum. Many short and medium term moving averages have turned upwards at the angle of the moving average, which also means that it will form a strong influence on the later market. Supporting role.

　　Yuekai Securities pointed out that, combined with the currently published economic data, the economic recovery momentum is good, and there is still room for supplementary gains in the subsequent low-valuation cycle heavy stocks, which will drive the market to stabilize.

In terms of configuration, performance is still the focus of short-term focus, especially at the stage when the market has not stabilized. Priority is given to sectors with strong performance certainty, such as large consumption-related food and beverage, agriculture, forestry, animal husbandry and fishery.

(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.)