Sino-Singapore Jingwei Client, March 11, A shares ushered in a strong rebound.
In the morning trading on the 11th, the two markets opened higher and climbed one after another. The Shanghai Stock Exchange quickly recovered 3400 points; the GEM index rose again by 2700 points, the highest intraday gain of more than 3%.
As of midday's close, the Shanghai Index reported 34177.63 points, an increase of 1.78%, with a turnover of 226.031 billion yuan; the Shenzhen Component Index reported 13819.77 points, an increase of 1.89%, with a turnover of 267.383 billion yuan; the Growth Enterprise Market Index reported 274.38 points, an increase of 2.64%; the Shanghai Stock Exchange 50 Index reported 3614.66. Points, an increase of 2.34%.
Source of early trading trend of the Shanghai stock index: Wind
On the disk, major industry sectors generally rose, and non-ferrous stocks led the gains. Yiqiu Resources, China Tungsten High-tech, Yunlu, Tianshan Aluminum, Shenhuo and other nearly 10 collective daily limit; bank stocks are active, Jiangsu Bank, China Merchants Bank Rising more than 5%; cement stocks strengthened, Qingsong Jianhua, Ningbo Fidelity, Sichuan Jinding and other daily limit.
The petroleum, electric power, steel, environmental protection, medical equipment, environmental protection, automotive, paper and other sectors all rose more than 1% overall.
Carbon-neutral concept stocks rose during the intraday session. Kelly New Materials rose by 20% intraday limit, Guangyi Technology rose more than 10%, and many stocks such as Bingshan Hot and Cold, Changyuan Power, Sinoma Energy Conservation and other shares rose by the daily limit.
Photovoltaic building integration concept stocks are active again, Weiye shares soared by more than 13%, Dongxu Lantian, Sente shares daily limit.
In terms of individual stocks, nearly 3,100 stocks in the two cities have gained popularity. Among them, China Salt Chemical, Sinnet, Xinjiang Zhonghe and other stocks rose by more than 5%; 917 stocks fell, of which Yigogou, Yanhua Intelligent, and Nanlingmin A number of stocks such as burst fell by more than 5%.
New shares N Henghui and N Zhongwang rose 329.78% and 169.77% respectively.
From the perspective of the north-south capital flow of Shanghai-Shenzhen-Hong Kong Stock Connect, the net inflow of northbound capital was 4.646 billion yuan, of which the net inflow of Shanghai Stock Connect was 3.01 billion yuan, the balance of funds on the day was 48.99 billion yuan, the net inflow of Shenzhen Stock Connect was 1.636 billion yuan, and the balance of funds on the day was 50. 100 million yuan.
The net inflow of southbound funds was 4.41 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 1.903 billion yuan, the fund balance on the day was 40.097 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 2.507 billion yuan, and the fund balance on the day was 39.493 billion yuan.
Regarding the recent performance of A-shares, Yang Delong, chief economist of Qianhai Kaiyuan Fund, pointed out that the internal cause of the adjustment after the holiday is still profit-taking, not the change in the white horse stock itself.
In the context of the general surge in global capital markets, it is difficult for the A-share market to continue to fall sharply.
Recently, the U.S. stock market has risen again, and the German stock market has hit a record high. It should be said that the short-term continuous decline in the A-share market is unsustainable.
The market outlook will be dominated by shocks and rebounds, and the stage of continuous decline is basically coming to an end.
Yang Delong said that it is recommended that investors maintain confidence in the market outlook, insist on value investment, and be a good shareholder of the company. In the long run, it is still the best investment strategy to seize the golden decade of the A-share 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.)