Sino-Singapore Jingwei Client, March 3rd. On March 3, the three major A-share indexes opened slightly lower. The rare earth, automotive, coal, and shipping sectors pulled back. The automotive, aerospace and military industry, construction machinery, and liquor led the decline. The power sector is strong.
The opening ups and downs of the major A-share indexes.
Source: Wind
As of the opening, the Shanghai Composite Index fell 0.24% to 3,500.16 points; the Shenzhen Component Index fell 0.48% to 14679.84 points; the ChiNext Index fell 0.53% to 2,951.29 points.
On the disk, the industrial metals, gold, other mining, paper, and steel II sectors led the gains; the automotive, aviation equipment, beverage manufacturing, power supply equipment, and airport sectors led the decline.
In terms of concept stocks, aluminum, titanium dioxide, graphite electrodes, sugar, yesterday's daily limit and other gains were among the top gains, while BDI index, vaccine testing traceability, 3D glass, shared bicycles, and aircraft carrier concepts were among the top losers.
In terms of individual stocks, 1197 stocks rose, among which several stocks such as Jinan Guoji, Kexin Technology, and Jingliang Holdings rose more than 5%.
2,144 stocks fell, of which Jinrui Mining, Tianhe shares, Shentong Metro and other stocks fell more than 5%.
In terms of capital flow, the top five industries that flowed into the top five were other transportation equipment, cultural media, Internet media, marketing communications, and shipbuilding. The top five that flowed out were other transportation equipment, cultural media, Internet media, marketing communications, Shipbuilding.
The top five stocks with major inflows are China General Nuclear Power Corporation, Bea Asia, Metro Design, Dongpeng Holdings, and Haixiang New Materials. The top five stocks that flow out are China General Nuclear Power, Bea Asia, Metro Design, and Dongpeng Holdings. , Walrus new material.
The top five conceptual themes of the main inflow are O2O concept, cotton, UHV, wind power, and Shenzhen state-owned reform. The top five conceptual themes that are outflow are O2O concept, cotton, UHV, wind power, and Shenzhen state-owned reform.
According to data from the China Foreign Exchange Trading Center, the central parity of the RMB against the US dollar rose by 60 basis points to 6.4565.
As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 811.874 billion yuan, an increase of 1.756 billion yuan from the previous trading day, and the securities lending balance was at 88.272 billion yuan, a decrease of 408 million yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 724.327 billion yuan. , An increase of 311 million yuan from the previous trading day, and the securities lending balance reported 55.279 billion yuan, an increase of 309 million yuan from the previous trading day.
The balance of margin financing and securities lending in the two cities totaled 1,677.752 billion yuan, an increase of 1.967 billion yuan 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 capital is 263 million yuan, of which the net inflow of Shanghai Stock Connect is 143 million yuan, the balance of funds on the day is 51.857 billion yuan, and the net inflow of Shenzhen Stock Connect is 120 million yuan. The balance was 51.88 billion yuan; the net inflow of southbound funds was 468 million yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 302 million yuan, the fund balance on the day was 41.698 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 166 million yuan, and the fund balance on the day was 41.834 billion yuan.
Changjiang Securities believes that 2021 will not be a bear market, but the differentiation may intensify.
After the quarterly report, more structural opportunities will emerge.
The "certainty premium" may have structural opportunities to fall out, but the greatest flexibility is the "hidden champion" in the mid-market.
In the first half of the year, the total volume was heavy and the structure was heavy.
In terms of industry configuration, increase the inflation transmission chain, such as papermaking, glass fiber, electrolytic aluminum and other middle and upper reaches.
Increase the allocation of major financials.
The growth sector maintains the optimal configuration of semiconductors and military industries.
Guosen Securities pointed out that since the resumption of work during the Spring Festival, the market style has ushered in significant changes. The popular food and beverage, pharmaceuticals, and new energy sectors before the holiday have continued to adjust after the holiday. The valuation differentiation of the major A-share indexes and most industries has accelerated and the organization has heavy positions. The behavior of stocks is particularly interesting.
Looking to the future, the possibility of the market peaking at the current position is relatively small. In the past, the market peaks often have characteristics such as "complementary gains" and "elimination of low-priced stocks", resulting in higher overall market valuations.
Under the background that the overall market is not high and the profit cycle of economic recovery is upward, there will be more opportunities for rotation and diffusion in the follow-up market.
(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.)