Sino-Singapore Jingwei Client, February 23. On Tuesday, the three major A-share indexes collectively opened lower. The Shanghai Composite Index fell 0.68%, the Shenzhen Component Index fell 1.06%, and the ChiNext Index fell 1.26%.
In terms of sectors, rare earths, lithium mining, coal, consumer electronics, digital currency and other sectors were among the top decliners, while Baotuan stocks remained sluggish; wind power, oil, and gold sectors were among the top gainers.
Source: Wind
In terms of individual stocks, 1,006 individual stocks rose, among which Zhengzhong Design, Huayi Group, Taiwan Nuclear Power and other stocks rose more than 5%.
2524 stocks fell, of which Yunmei Energy, Zhangyuan Tungsten Industry, Pharmaceutical Tesco and other stocks fell more than 5%.
As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 810.36 billion yuan, an increase of 7.923 billion yuan from the previous trading day, and the securities lending balance was reported at 88.422 billion yuan, a decrease of 1.081 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 730.889 billion yuan. , An increase of 4.787 billion yuan from the previous trading day, and the securities lending balance reported at 53.091 billion yuan, a decrease of 1.72 billion yuan from the previous trading day.
The balance of margin financing and securities lending in the two cities totaled 1,681.962 billion yuan, an increase of 9.909 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 369 million yuan, of which the net inflow of Shanghai Stock Connect is 199 million yuan, the balance of funds on the day is 51.801 billion yuan, and the net inflow of Shenzhen Stock Connect is 170 million yuan. The balance was 51.83 billion yuan; the net inflow of southbound funds was 2.189 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 1.756 billion yuan, the day’s fund balance was 40.244 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 433 million yuan, and the day’s fund balance was 41.567 billion yuan.
According to the analysis of the Centaline Securities Research Report, the A-share market on Monday hit high and met resistance, and the shocks fell. Due to the continuous decline of institutional group stocks, the rebound of stock indexes was suppressed. Although the pro-cyclical industry strengthened throughout the intraday market, it was still unable to effectively hedge the first-line large market value varieties. The impact of the repeated declines caused the stock indexes of the two markets to rush higher on Monday, and they oscillated down gradually. The Shanghai Index continued to consolidate below 3700 points throughout the day.
Centaline Securities also said that the market style quietly changed after the holiday, institutional stocks continued to fall, pro-cyclical industries emerged, and market active funds quickly gathered in cyclical industries.
In addition, low-valued blue-chip stocks are also expected to start an oversold rebound in the future, and the hot spots of the two cities are gradually showing a trend of diversification.
Soochow Securities believes that as the market is currently in the process of switching between high and low, the varieties with a large increase in the previous period have encountered a large amount of capital sell-off, while most of the small and medium-sized market value varieties ushered in an oversold rebound. Although the index has fallen more obviously, the overall market is making money The effect is better.
(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.)