Sino-Singapore Jingwei Client, November 12th. A-shares opened slightly higher in early trading on the 12th and maintained a volatile operation. The trading volume has narrowed compared with the morning of the previous trading day; the Shanghai index closed down at midday, and the GEM index rose more than 1%.

　　As of midday's close, the Shanghai Index reported 33354.42 points, a decrease of 0.2%, with a turnover of 175.819 billion yuan; the Shenzhen Component Index reported 13775.09 points, an increase of 0.4%, with a turnover of 267.711 billion yuan; the Growth Enterprise Market Index reported 269.71 points, an increase of 0.64%; the SSE 50 Index Reported at 3390.72 points, a decrease of 0.6%.

Source of the Shanghai Index in early trading: Wind

　　On the disk, the beverage manufacturing sector led the gains of the two cities, liquor stocks strengthened, gold seed wine, highland barley wine daily limit, Kouzijiao, old Baigan wine, Yingjia tribute wine, etc. have followed the rise; tourist attractions, aquaculture, port shipping, and mining services , Hotel and catering sectors rose more than 1% overall.

　　Bank stocks were among the top decliners, and individual stocks in the sector were almost all green. Xiamen Bank fell more than 4%; sectors such as park development, coal, gas and water, environmental protection, military industry, and securities firms were all green.

　　In terms of concept stocks, brain science, Huawei HMS, yesterday's daily limit, voice technology, and artemisinin were among the top gainers; agricultural planting, Ant Financial Concept, and graphite electrodes were among the top decliners.

　　In terms of individual stocks, 1975 individual stocks rose, among them ST Rock, Jincheng Pharmaceutical, Jinlitai and other stocks rose more than 5%; 1872 stocks fell, of which Juzi Technology, Huayang Lianzhong, Huaxin New Materials and other stocks fell more than 5%.

　　In terms of turnover rate, there are a total of 17 stocks with a turnover rate of more than 20%, of which N-step has the highest turnover rate, reaching 56.72%.

　　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 330 million yuan, of which the net outflow of Shanghai Stock Connect is 697 million yuan, the balance of funds on the day is 52.697 billion yuan, and the net inflow of Shenzhen Stock Connect is 1.027 billion yuan. The balance was 50.973 billion yuan; the net inflow of southbound funds was 2.199 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 1.006 billion yuan, the day’s fund balance was 40.994 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 1.193 billion yuan, and the day’s fund balance was 40.807 billion yuan.

　　Shanxi Securities pointed out that the index adjustment of the previous trading day, the Shenzhen Stock Exchange and the ChiNext stock market declined significantly.

In the medium term, my country's economy has a relatively strong comparative advantage, and economic data continues to improve. The monthly report predicts that the RMB will strengthen against the US dollar, and foreign capital is expected to continue to flow in.

It is expected that the index may trade sideways near the previous high in the short term. In the future, if there is a continuous rise in volume and price due to the effect of the vaccine, the next wave of market will start.

　　Guojin Securities said that it tends to think that the current adjustment is a technical adjustment, rather than a trending deterioration, and still believes that the focus of the market will move 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.)