Sino-Singapore Jingwei Client, February 1st. On the first trading day of February, the Shanghai Stock Exchange Index opened lower by 3,477.17 points, a decrease of 0.17%; the Shenzhen Component Index reported 14841.71 points, an increase of 0.13%; the ChiNext Index reported 3134.79 points, an increase of 0.19%.

　　On the disk, airports, shipping, and communications were among the top decliners, while tourism, gold, and securities firms bucked the market.

　　Source: Wind

　　In terms of individual stocks, 1341 individual stocks rose, including ST Antai, ST Mining, Changliang Technology and other stocks rose more than 5%.

2148 stocks fell, of which Shennong Technology, Zhengye Technology, Zhengyuan shares and other stocks fell more than 5%.

　　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 Shanghai-Shenzhen-Hong Kong Stock Connect, as of press time, the net inflow of northbound capital is 406 million yuan, of which the net inflow of Shanghai Stock Connect is 205 million yuan, the balance of funds on the day is 51.795 billion yuan, and the net inflow of Shenzhen Stock Connect is 201 million yuan. The balance was 51.799 billion yuan; the net inflow of southbound funds was 6.666 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 6.349 billion yuan, the day’s fund balance was 35.651 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 317 million yuan, and the day’s fund balance was 41.683 billion yuan.

　　The CICC research report believes that the recent round of adjustment may be a slightly longer round of consolidation after the accumulated sharp rebound from the low point on March 23, 2020. Although there will be repetitions after the sharp drop, the emotional side may change. There is a certain cooling, and it is estimated that the proportion of investors who turn to cautiousness will increase. Unless there is a favorable short-term change in the policy direction, it is expected that the market may enter a temporary period of flatness. Follow-up debates about whether the policy is tight or not, whether growth peaks, etc. It may be a constant focus.

　　According to the Haitong Securities Research Report, in sub-industries, liquor, automobiles, and electrical equipment have a relatively high overall enthusiasm, while real estate, building decoration, and media have low overall enthusiasm.

The spring market of A-shares is still on the way, the short-term focus on stagflation and underestimation of the industry, the whole year optimistic about technology + mass consumption.

(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.)