Sino-Singapore Jingwei Client, February 19th. On Friday (19th), the three major A-share stock indexes opened lower, and their declines continued to expand. Near midday, the Shanghai Composite Index's decline expanded to 1%, and the ChiNext Index fell below 3,200 points.

In the afternoon, the three major stocks moved upward, the Shanghai Stock Exchange Index and the Shenzhen Stock Exchange Component Index turned red, and the ChiNext Index narrowed its decline.

The turnover of Shanghai and Shenzhen stock markets exceeded RMB 1 trillion for the second consecutive trading day after the Spring Festival.

Screenshot source: Wind

　　As of the close, the Shanghai Index reported 3696.17 points, an increase of 0.57%, with a turnover of 484.99 billion yuan; the Shenzhen Component Index reported 15823.11 points, an increase of 0.35%, with a turnover of 557.583 billion yuan; the ChiNext Index reported 3285.53 points, a decrease of 1.04%.

　　On the disk, the industry sectors were popular across the board, with sectors such as agriculture, forestry, animal husbandry and fishery, Internet, diversified finance, culture, education and leisure, textiles and apparel leading the way.

　　The concept sector also rose collectively, led by pork, aquatic products, seed industry, sandstorm management, and byte bounce.

In the pork sector, many stocks such as Tianbang, Zhengbang Technology and New Hope have their daily limit.

　　In terms of individual stocks, 3638 stocks rose, among which several stocks such as Ximai Foods, Xinhuanet, and Hao Oubo increased by more than 5%.

504 stocks fell, of which Tiantan Bio, Satellite Petrochemical, Tongkun shares and other stocks fell more than 5%.

　　In terms of turnover rate, a total of 37 stocks have turnover rates of more than 20%, of which C Mankalong has the highest turnover rate, reaching 58.91%.

　　In terms of capital flow, the top five stocks with major inflows are Zijin Mining, Jiangxi Copper, Western Mining, Dabeinong, Beijing-Shanghai High-speed Railway, and the top five stocks with outflows are Zijin Mining, Shaanxi Coal, Western Mining, Jiangxi Copper Industry, BYD.

　　As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 798.674 billion yuan, an increase of 11.157 billion yuan from the previous trading day, and the securities lending balance was reported at 88.984 billion yuan, an increase of 1.975 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 723.06 billion yuan. , An increase of 11.81 billion yuan from the previous trading day, and the securities lending balance reported 54.082 billion yuan, an increase of 144 million yuan from the previous trading day.

The balance of margin financing and securities lending in the two cities totaled RMB 1,664.801 billion, an increase of RMB 25.086 billion 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 funds is 12.779 billion yuan, of which the net inflow of Shanghai Stock Connect is 3.411 billion yuan, the balance of funds on the day is 48.589 billion yuan, and the net inflow of Shenzhen Stock Connect is 9.368 billion yuan. The balance was 42.632 billion yuan; the net inflow of southbound funds was 5.501 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 2.016 billion yuan, the day's fund balance was 39.984 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 3.485 billion yuan, and the day's fund balance was 38.515 billion yuan.

　　Aijian Securities believes that after many tests on the long-short boundary, the multi-party regained its dominance and effectively recovered the short-term and medium-term moving averages. The market sentiment has been boosted again, but it is generally difficult to sustain this situation due to the general rise of the sector. In particular, there have been two short-term short-term gaps in the daily line of the Shanghai Composite Index. Therefore, it is expected that short-term stock indexes may fluctuate widely or unavoidably. It is recommended to pay close attention to the trend of the GEM index and grasp the rhythm to control the position of selected stocks.

　　According to an analysis by Northeast Securities, it is expected that the Baotuan stock will be loosened and the 28th round of movement is still unfolding and continuing.

The market structure is characterized by obvious characteristics and the recovery of over-sold high-performance small and medium-cap stocks is underway. It is recommended to continue to focus on high-low rotation (high-value consumer technology and low-value financial cycles, high-position group stocks and low-position high-performance small and medium-cap stocks Rotation between stocks), market key transactions, economic recovery, especially the restoration of the epidemic-stricken industries, the market of financial resource stocks under rising interest rates in the bond market and rising commodity prices, and the deployment of relevant security developments on the theme of the two sessions.

(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.)