China-Singapore Jingwei Client, February 24. On Wednesday, A-shares fluctuated downward in early trading. The Shanghai Index fell by 3,600 points and the ChiNext Index fell over 2.5%.

On the sector, high-end stocks such as baijiu fell sharply again, Luzhou Laojiao fell more than 9%, and the main chemical and non-ferrous sectors adjusted sharply.

  Source: Wind

  As of midday's close, the Shanghai Stock Exchange Index reported 3579.95 points, a decrease of 1.55%, with a turnover of 293.803 billion yuan; the Shenzhen Component Index reported 14959.13 points, a decrease of 1.86%, with a turnover of 351.059 billion yuan; the GEM reported 3032.34 points, a decrease of 2.57%.

  On the disk, Baotuan star stocks reappeared a collective killing and falling scene. First-line liquor stocks led the decline. Maotai's share price once fell below 2,200 yuan, and the short-term counterattack of non-ferrous metals failed to prevent the decline.

The semiconductor, photoresist and other sectors ranked among the top gainers, while the digital currency sector performed strongly.

  In terms of individual stocks, 2,355 individual stocks rose, of which Jiangsu Thorpe, ST Yihua, Jiahua Technology and other stocks rose more than 5%.

1614 stocks fell, among which Chuanneng Power, Shaanxi Black Cat, ST Willing and other stocks fell more than 5%.

  In terms of turnover rate, there are a total of 12 stocks with a turnover rate of more than 20%, of which Jiangtian Chemical has the highest turnover rate, reaching 35.28%.

  According to the analysis of the Centaline Securities Research Report, on Tuesday, the hot spots in the two cities showed a trend of rapid spread. Although the first-line group stocks stopped falling and stabilized in the short-term, their upward momentum was weak, and the cyclical industry as a whole rose and fell, suppressing the pace of stock index rebound.

It is expected that the Shanghai Stock Exchange Index is likely to maintain a range of shocks in the near future, and the ChiNext market is likely to continue to fluctuate in the short term.

  Northeast Securities believes that European and American stock markets fluctuated sharply overnight and barely closed flat in late trading; most commodities rose moderately and oil prices fell slightly.

The Shanghai stock index still has the risk of stepping back to 3,600 points or even below, and the market structure characteristics of high and low rotation are still continuing.

Short-term attention to the ChiNext refers to support and rebound at 3050-3100 points.

(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.)