Sino-Singapore Jingwei Client, February 1st. On the first trading day of February, in the afternoon, the three major indexes were in red order, the Shanghai Index returned to 3,500 points, and gold and other sectors were active.

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　　As of the close, the Shanghai Index reported 3505.28 points, an increase of 0.64%, with a turnover of 371.473 billion yuan; the Shenzhen Component Index reported 15024.24 points, an increase of 1.36%, with a turnover of 485.262 billion yuan; the ChiNext Index reported 3159.99 points, an increase of 0.99%; the Shanghai Stock Exchange 50 Index reported 3746.37 points, an increase of 0.89%.

　　On the disk, gold, chemical fiber, livestock and poultry breeding, plastics, papermaking and other sectors led the gains; the airport, ground armor, animal health, forestry, and rare metals sectors led the decline.

In terms of concept stocks, agricultural machinery, biodegradable plastics, vaccine testing and traceability, ASEAN Free Trade Area, and medical information technology ranked among the top gainers, while HIT batteries, Tianjin Free Trade Zone, BDI Index, solid-state batteries, and Pinduoduo Concepts were among the top decliners.

　　In terms of individual stocks, 2332 stocks rose, among which Dongpeng Holdings, Yizumi, Wanhua Chemical and other stocks rose more than 5%.

1,715 individual stocks fell, among them, Shilong Industrial, Jinfu Technology, Guangbo shares and other stocks fell more than 5%.

　　In terms of turnover rate, a total of 50 stocks have a turnover rate of more than 20%. Among them, N Kangzhong has the highest turnover rate, reaching 85.64%.

　　In terms of capital flow, the top five major inflows of the industry sector are Bank II, chemicals, chemical raw materials, rare metals, and special equipment, and the top five outflows are Chemicals, Bank II, chemical raw materials, rare metals, and securities firms.

The top five stocks with major inflows are Ingenic Group, China CDF, Muyuan, Kingfa Technology, and Shanghai Pudong Development Bank. The top five stocks with outflows are Ingenic Group, China CDF, Tongwei, Tianqi Lithium. , Jinfa Technology.

　　As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 808.531 billion yuan, a decrease of 6.037 billion yuan from the previous trading day, and the securities lending balance was at 87.886 billion yuan, a decrease of 1.042 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 731.71 billion yuan. , A decrease of 8.932 billion yuan from the previous trading day, and the securities lending balance reported 54.366 billion yuan, an increase of 459 million yuan from the previous trading day.

The balance of margin financing and securities lending in the two cities totaled 1,682.494 billion yuan, a decrease of 15.552 billion yuan from the previous trading day.

　　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 capital is 6.192 billion yuan, of which the net inflow of Shanghai Stock Connect is 4.212 billion yuan, the balance of funds on the day is 47.788 billion yuan, and the net inflow of Shenzhen Stock Connect is 1.98 billion yuan. The balance was 50.02 billion yuan; the net inflow of southbound funds was 14.555 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 6.875 billion yuan, the day’s fund balance was 35.125 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 7.68 billion yuan, and the day’s fund balance was 34.32 billion yuan.

　　Tianfeng Securities believes that short-term adjustments do not require excessive pessimism.

Newly issued fund positions have not been completed, and subsequent fundraising will continue, there is still huge room for equity incremental funds, and the current A-share liquidity environment has not fundamentally changed. Continue to be optimistic about the leading white horses in industries such as new energy, medicine, and consumption opportunity.

　　Northeast Securities said that the short-term short-term macro liquidity is expected to have passed; the mid-to-long-term trend of A-shares depends more on fundamentals.

The issuance of new funds usually accelerates before the Spring Festival, and at the same time, the inflow of foreign capital is likely to accelerate. The trend of short-term easing of micro-funds will not be reversed.

Macro liquidity tensions are expected to ease, corporate profitability will continue to improve, and the slow bull market will continue, with the 3800-point target unchanged.

(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.)