Sino-Singapore Jingwei Client, November 10th. On the 10th, the Shanghai Composite Index opened slightly higher and then turned around and fell. In the morning, the Shanghai Composite Index oscillated red and green along the flat line; the Shenzhen Component Index and the ChiNext Index opened lower and moved lower.

  As of midday's close, the Shanghai Index reported 3377.64 points, an increase of 0.12%, with a turnover of 261.835 billion yuan; the Shenzhen Component Index reported 14083.85 points, a decrease of 0.41%, with a turnover of 389.934 billion yuan; the Growth Enterprise Market Index reported 2806.15 points, a decrease of 0.28%; the Shanghai 50 Index It reported 3435.05 points, an increase of 0.49%.

Source of the Shanghai Index in early trading: Wind

  On the board, a few sectors such as mining services, airport shipping, aquaculture, chemicals, and biological products rose; liquor stocks were active, and Jinhuiyuan was closed for a time. Jinhui wine rose by more than 8%, Gujing Gongjiu, Shanxi Fenjiu, Yilite Rose more than 4%.

  The automobile sector led the decline, Jiangling Motors approached its limit during the session, Great Wall Motors, Changan Automobile, Foton Motor, Yutong Bus, etc., all fell; securities firms that rose sharply on the previous trading day have corrected significantly, Guosen Securities, Guojin Securities, Guolian Securities, Huaan Most stocks such as securities and No.1 Ventures were green; white goods, instruments, medical equipment, semiconductors, coal and other sectors were among the top decliners.

  In terms of individual stocks, 1439 individual stocks rose, among which several stocks such as ST Long Investment, Tianshan Biotechnology, and Baan Water rose more than 5%; 2,422 individual stocks fell, of which AoteXun, Jiangsu Shentong, ST Busen and other stocks fell The amplitude exceeds 5%.

  In terms of turnover rate, a total of 31 stocks had a turnover rate of more than 20%. Among them, Xiamen Bank had the highest turnover rate, reaching 43.99%.

  From the perspective of the north-south capital flow of the Shanghai-Shenzhen-Hong Kong Stock Connect, the net outflow of northbound capital was 3.462 billion yuan, of which the net inflow of Shanghai Stock Connect was 948 million yuan, the balance of funds on the day was 51.052 billion yuan, the net outflow of Shenzhen Stock Connect was 4.41 billion yuan, and the balance of funds on the day was 564.1 The net inflow of southbound funds was 1.49 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 257 million yuan, the balance of funds on that day was 41.743 billion yuan, the net inflow of Shenzhen-Hong Kong Stock Connect was 1.233 billion yuan, and the balance of funds on that day was 40.767 billion yuan.

  On the last trading day (November 9), A shares opened higher and moved higher. The Shanghai Stock Exchange Index closed up nearly 2%, and the ChiNext Index closed up nearly 3%; the Shanghai and Shenzhen stock markets broke through one trillion for the first time in two months; Northbound funds traded 122.362 billion yuan throughout the day, with a net purchase of 19.698 billion yuan.

  Regarding the market outlook, China Merchants Securities said that after the uncertainty is eliminated, Europe and the United States are expected to launch a new round of stimulus plans, and the global economic recovery is expected to rise significantly.

A-shares are expected to break through the previous high and rise, ushering in an obvious new year's market.

  Guosheng Securities also said that under the digestion of external uncertainties and the warming of internal policy expectations, it continues to be optimistic about the new year's market from now to the first quarter of next year, and the level may exceed expectations, and it is recommended to actively participate.

  Yuekai Securities pointed out that as a banner fund, Beijing Capital has a relatively obvious leading role in the market. Last week, Beijing Capital’s single-week net purchase of MA3 showed an obvious upward turning point.

In the future, we need to closely observe the continuity of the inflow of funds from the north. If the inflow can continue, it will help the market's risk appetite, sentiment recovery and the upside of core assets.

(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.)