China-Singapore Jingwei Client, January 13th. On Wednesday, the three major A-share indexes fluctuated and declined. High-level groups such as liquor, military industry, lithium batteries, and photovoltaics fell collectively. Brokerage stocks were among the top decliners and failed to continue to strengthen; 5G, semiconductors, etc. The direction of science and technology exerts force.

The turnover of the two cities exceeded one trillion yuan for eight consecutive trading days, individual stocks generally fell, and nearly 3,000 stocks floated green.

  Time-sharing chart of the Shanghai Stock Exchange Index.

Source: Wind

  As of the close, the Shanghai Composite Index fell 0.27% to 359.865 points, with a turnover of 554.9 billion yuan; the Shenzhen Component Index fell 0.61% to 15365.43 points, with a turnover of 679.7 billion yuan; the ChiNext Index fell 1.57% to 3130.30 points, with a turnover of 224.9 billion yuan. yuan.

  On the board, sectors such as shipping, transportation equipment, airports, other transportation equipment, and mining services led the gains; sectors such as tourism integration, rare metals, electrical automation equipment, fisheries, and planting industries led the decline.

In terms of concept stocks, the BDI index, shipping, geothermal energy, infrastructure, and yesterday's daily limit were among the top gainers, and nickel, ventilators, e-cigarettes, copper, and supply chain finance were among the top decliners.

  In terms of individual stocks, 1082 stocks rose, including Qizheng Tibetan Medicine, Jacques Technology, Xiangshan shares and other stocks rose more than 5%.

2990 stocks fell, of which Juchen, Zhongyuan Securities, Kute Intelligence and other stocks fell more than 5%.

  In terms of turnover rate, a total of 33 stocks had a turnover rate of more than 20%, among which Nhao Ober had the highest turnover rate, reaching 83.32%.

  In terms of capital flow, the top five industries that flowed into the top five were optical optoelectronics, brokerage firms, semiconductors, special equipment, and rare metals. The top five outflows were securities firms, optical optoelectronics, special equipment, rare metals, and chemicals.

The top five stocks with major inflows are TCL Technology, CRRC, Sany Heavy Industry, BOE A, and China Merchants Securities. The top five stocks with outflows are TCL Technology, CITIC Securities, Sany Heavy Industries, Aerospace Electronics, and China Merchants Securities.

  As of the previous trading day, the Shanghai Stock Exchange’s financing balance was reported at 799.39 billion yuan, an increase of 6.012 billion yuan from the previous trading day, and the securities lending balance was at 91.746 billion yuan, an increase of 2.282 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 737.695 billion yuan. , An increase of 2.218 billion yuan over the previous trading day, and the securities lending balance reported 55.652 billion yuan, an increase of 329 million yuan over the previous trading day.

The balance of margin financing and securities lending in the two cities totaled 1,684.484 billion yuan, an increase of 10.841 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 5.935 billion yuan, of which the net inflow of Shanghai Stock Connect is 1.139 billion yuan, the balance of funds on the day is 50.861 billion yuan, and the net inflow of Shenzhen Stock Connect is 4.796 billion yuan. The balance was 47.204 billion yuan; the net inflow of southbound funds was 11.81 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 6.027 billion yuan, the day’s fund balance was 35.973 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 5.783 billion yuan, and the day’s fund balance was 36.217 billion yuan.

  Huaxin Securities said that in the short-term perspective, although the A-share contraction volume on Tuesday exceeded 3,600 points, the contraction does not mean that the market must be a risk point because the trend has been formed, but if the contraction continues, it will greatly amplify the current market risk In addition, the time-sharing level of the Wind All A Index has already shown an adjustment signal. If the big finance cannot continue to exert its strength, then the A-share trend market is likely to enter the second half.

  China Galaxy Securities pointed out that evidence of the end of the so-called "grouping" and the end of the bull market is not yet obvious.

At present, the valuation of the popular track is relatively high, but more importantly, the fundamentals and funding trends such as the accelerated allocation of funds to the stock market, foreign capital inflows, China’s economic recovery, and favorable policies for the stock market have not changed. There may be a phased correction, such as a large decline on January 11, but it is too early to talk about the end of the bull market.

(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.)