GEM index rose 1.15% in half a day, new stocks rose sharply
Sino-Singapore Jingwei Client, February 1st. On the first trading day of February, the three major A-share stock indexes surged in early trading. In the sector, the new stocks, biodegradable plastics, and biological vaccines were among the top gainers.
Source: Wind
As of 11:30, the Shanghai Stock Exchange Index reported 348.46 points, an increase of 0.1%, with a turnover of 228.965 billion yuan; the Shenzhen Component Index reported 14943.73 points, an increase of 0.82%, with a turnover of 309.367 billion yuan; the Growth Enterprise Market Index reported 3164.75 points, an increase of 1.15%.
On the board, electrical appliances, medical and health care, transportation equipment, papermaking, and coal were among the top gainers; diversified finance, insurance, transportation services, the Internet, and daily chemicals were among the top decliners.
The electrical appliances, medical and healthcare sectors rose more than 3%.
Among individual stocks, Huashengchang and Chuanyi shares rose one after another, N Uniform rose by 224.5%; Wandong Medical's daily limit, N Kangzhong rose by more than 200%, and Sannuo Biotechnology rose by more than 12%.
In the concept sector, sub-new stocks, biodegradable plastics, medical beauty concepts, biological vaccines, and gold concepts led the rise; seed industries, Baidu concepts, online games, polysilicon, and seawater desalination led the declines.
The new stocks rose by more than 2%, leading the rise in the concept sector. Among them, 8 stocks including Zhongchen, General Elevator, and Titan have their daily limit, C Akita slightly rose by more than 50%, Riyueming and Cansino-U followed the rise.
1942 stocks in the two cities rose, among them Bohui Innovation, Yangnong Chemical, Sichuan Road and Bridge and other stocks rose more than 5%.
2087 individual stocks fell, among which many stocks such as Optotech, Huicheng Technology, and Zhongcheng shares fell by more than 5%.
In terms of turnover rate, a total of 29 stocks had a turnover rate of more than 20%, among which N Kangzhong had the highest turnover rate, reaching 63.82%.
China Securities Investment Research report believes that from a short-term market perspective, the A-share market and the Hong Kong stock market have entered volatility, and it is recommended that investors control their positions and pay attention to risks.
The industries with high valuations in the early stage are still quite fragile. It is recommended that investors gradually reduce their allocations appropriately.
According to the analysis of Industrial Securities, overall, the fundamentals are still in a stage of domestic and global upward resonance, the stock market has relatively abundant liquidity, and residents' wealth management funds and global allocation funds continue to enter the market.
Standing at this point in time, a combination of multiple factors at the end of January made liquidity the focus of attention, but perhaps the most intense stage of liquidity has passed.
Looking at the market outlook, Guotai Junan expects that the previous overly optimistic expectations for liquidity will need to be revised, and the subsequent market will fluctuate sideways at 3450-3700 points.
Baotuan will not collapse for the time being, but it is necessary to pay attention to investment opportunities outside Baotuan.
(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.)