Sino-Singapore Jingwei Client, April 20. On the 20th, the Shanghai and Shenzhen stock markets opened slightly lower and started to fluctuate. The ChiNext index fell by nearly 1%.

In the afternoon, the index consolidated weakly and turned green towards the end of the trading session.

As of the close, the Shanghai Index reported 3472.94 points, a decrease of 0.13%, with a turnover of 358.983 billion yuan; the Shenzhen Component Index reported 14101.90 points, a decrease of 0.11%, with a turnover of 486.642 billion yuan; the ChiNext Index reported 2896.11 points, a decrease of 0.09%.

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  On the board, the livestock and poultry breeding, medical services, and feed sectors led the gains; the automobile, electrical machinery, and fishery sectors led the declines.

  In terms of individual stocks, 1359 individual stocks rose, among them ST Rock, Beauty Beauty, Gu Yue Longshan and other stocks rose more than 5%.

2766 stocks fell, of which the letter test standard, Nantian Information, Changhong Hi-Tech and other stocks fell more than 5%.

  In terms of turnover rate, there are 87 stocks with a turnover rate of more than 20%. Among them, N Holevo has the highest turnover rate, reaching 84.45%.

  In terms of capital flow, the industry sector’s main flow into the top five are beverage manufacturing, automotive vehicles, chemical products, electronics manufacturing, and auto parts. The top five outflows are automotive vehicles, beverage manufacturing, auto parts, chemical products, Electronics manufacturing.

The top five stocks with major inflows are Changan Automobile, Goertek, China Baoan, Oufeiguang, and Beinmei. The top five stocks with outflows are Changan Auto, BYD, GoerTek, Oufeiguang, and Hengrui Pharmaceuticals.

The top five conceptual themes of the main inflows are margin financing and securities lending, refinancing securities targets, MSCI concepts, Shenzhen Stock Connect, and Shanghai Stock Connect. The top five conceptual themes for outflows are margin financing and securities lending, refinancing securities targets, and MSCI concepts. , Shenzhen Stock Connect, Shanghai Stock Connect.

  As of the last trading day, the Shanghai Stock Exchange’s financing balance was reported at 798.164 billion yuan, an increase of 2.104 billion yuan from the previous trading day, and the securities lending balance was at 91.634 billion yuan, an increase of 1.971 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 715.195 billion yuan. , An increase of 2.686 billion yuan from the previous trading day, and the securities lending balance reported 60.169 billion yuan, an increase of 1.591 billion yuan from the previous trading day.

The balance of margin financing and securities lending in the two cities totaled 1,665.161 billion yuan, an increase of 8.351 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 1.946 billion yuan, of which the net inflow of Shanghai Stock Connect is 1.801 billion yuan, the balance of funds on the day is 50.199 billion yuan, and the net inflow of Shenzhen Stock Connect is 145 million yuan. The balance was 51.855 billion yuan; the net inflow of southbound funds was 5.894 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 1.935 billion yuan, the day’s fund balance was 40.06 billion yuan, the Shenzhen-Hong Kong Stock Connect net inflow was 3.959 billion yuan, and the day’s fund balance was 38.041 billion yuan.

  Aijian Securities said that overall, as the performance disclosure is about to complete, market risks have gradually been released, and there is no need to worry too much about the market in the short term.

Of course, there is no major external driving force in the market to change the shock pattern in the short term. Therefore, the market is expected to still fluctuate in the region, the characteristics of the stock funds remain unchanged, and the market is still a structural trading opportunity.

The choice of opportunity is mainly from the perspective of rebound. Sectors and stocks with larger gains should pay attention to avoiding risks. Sectors with larger adjustments in the early stage are the short-term focus. They can participate in structured trading opportunities and pay attention to controlling positions.

  In terms of configuration, Galaxy Securities believes that in the short term, after the sharp drop in core assets, the rebound momentum will increase, but there are fewer major opportunities for nuclear assets.

It is recommended to look for competitive high-quality companies with strong performance certainty and non-extreme valuations.

(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.)