China-Singapore Jingwei Client, December 2nd. On Wednesday (2nd), the three major A-share indexes opened up and down mixed.

The Shanghai stock index fluctuated throughout the day and broke through the year's high during the intraday session, setting a new high since February 6, 2018.

The Shenzhen Component Index and the ChiNext Index both fluctuated up after falling. The Shenzhen Component Index closed slightly higher, and the ChiNext index fell slightly.

On the disk, funds continued to rotate in military, semiconductor, and 5G sectors, while major financial sectors such as banking, insurance, and securities fluctuated.

　　Time-sharing chart of the Shanghai Stock Exchange Index.

Source: Wind

　　As of the close, the Shanghai Composite Index fell 0.07% to 344.938 points, with a turnover of 383.3 billion yuan; the Shenzhen Component Index rose 0.22% to 13961.58 points, with a turnover of 497.6 billion yuan; the ChiNext Index fell 0.57% to 2682.97 points, with a turnover of 191.3 billion yuan.

　　On the disk, audio-visual equipment, optical and optoelectronics, plastics, hotels, and other mining sectors led the gains; scenic spots, automobiles, agricultural complexes, rare metals, textile manufacturing and other sectors led the decline.

In terms of concept stocks, capital leaders, Yesterday's Link, Agricultural Machinery, Yesterday's daily limit, MiniLED, etc. rose among the top gains, and shared bicycles, tire pressure monitoring, e-cigarettes, automobiles, and online car-hailing led the decline.

　　In terms of individual stocks, 1979 individual stocks rose, including Wanrun, Weiming Pharmaceutical, ST Yushun and other stocks rose more than 5%.

1912 stocks fell, of which ST Hesheng, Barbie Foods, ST Huarong and other stocks fell more than 5%.

　　In terms of turnover rate, a total of 55 stocks have a turnover rate of more than 20%, among which N Ellis-U has the highest turnover rate, reaching 76.6%.

　　In terms of capital flow, the top five major flows of industry sectors are brokers, optical optoelectronics, special equipment, bank II, and auto parts, while the top five outflows are brokers, bank II, optical optoelectronics, special equipment, and automotive vehicles.

The top five stocks with major inflows are TCL Technology, Zoomlion, BOE A, Tianqi Mo, Changan Automobile, and the top five stocks with outflows are Zoomlion, TCL Technology, Changan Automobile, BOE A, Guosheng Financial control.

　　As of the previous trading day, the Shanghai Stock Exchange’s financing balance was reported at 749.65 billion yuan, an increase of 2.596 billion yuan from the previous trading day. The securities lending balance was reported at 74.689 billion yuan, an increase of 1.145 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 713.333 billion yuan. , An increase of 3.212 billion yuan from the previous trading day, and the securities lending balance reported 44.291 billion yuan, an increase of 341 million yuan from the previous trading day.

The balance of margin financing and securities lending in the two cities totaled 158.197 billion yuan, an increase of 7.293 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 outflow of northbound capital is 2.047 billion yuan, of which the net inflow of Shanghai Stock Connect is 104 million yuan, the balance of funds on the day is 51.896 billion yuan, and the net outflow of Shenzhen Stock Connect is 2.151 billion yuan. The balance was 54.151 billion yuan; the net inflow of southbound funds was 5.43 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 3.267 billion yuan, the fund balance on the day was 38.733 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 2.163 billion yuan, and the fund balance on the day was 39.837 billion yuan.

　　For the current market, Huaxin Securities pointed out that the overall market strength is very obvious. The current market is temporarily difficult to break through the rhythm of horizontal shocks, mainly due to the restriction of quantity and energy, which makes it difficult for the Shanghai Index to reach the 3400-3450 point area. There are relatively sufficient hand changes within it, and inadequate hand changes can easily form a false breakthrough.

　　Huaxin Securities further stated that when there is a major downturn in the financial sector, it will have a strong driving effect on the index, and there will be a short-term upward momentum, but it does not mean the formation of a new round of trending market, and maintain a cautious view.

　　For the market outlook, Wanlian Securities believes that in the short term, the macro economy is still in the post-epidemic recovery period, and the probability of a sudden liquidity tightening signal is low.

For A-shares, the upward pressure on the valuation of high-valued industries may be greater in the short term. It is recommended to pay attention to the sectors with low valuations, profitability and industry prosperity in repairing the upward channel.

(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.)