The turnover of the two cities surpassed the Shanghai Index for the first time in 9 consecutive trading days

　　The trading volume of Shanghai and Shenzhen stocks surpassed the Shanghai Index for the first time in 9 consecutive trading days

　　Sino-Singapore Jingwei Client, July 13th. On the 13th, the three major indexes collectively opened lower and the index hit higher. The point once surpassed the Shanghai Index, which was the first time in A-share history.

In the afternoon, the index fluctuated within a narrow range. The ChiNext index rebounded slightly after bottoming out. The turnover of the Shanghai and Shenzhen stock markets exceeded RMB 1 trillion for the 9th consecutive trading day.

　　Wind screenshot

　　As of the close, the Shanghai Index reported 3566.52 points, an increase of 0.53%, with a turnover of 51.917 billion yuan; the Shenzhen Component Index reported 15189.29 points, an increase of 0.18%, with a turnover of 708.32 billion yuan; the Growth Enterprise Market Index reported 3514.98 points, a decrease of 0.56%; the Shanghai 50 Index reported 3391.74 points, an increase of 0.21%.

　　On the disk, glass manufacturing, park development, forestry, coal mining, shipping and other sectors led the gains; semiconductors, electrical automation equipment, gold, electronics manufacturing, and aerospace equipment sectors led the decline.

In terms of concept stocks, capital leaders, carbon trading, superconducting concepts, VPN, and coal ranked among the top gainers, while Xi'an Free Trade Zone, National Large Fund Holdings, EDA design software, gallium nitride, and molybdenum were among the top losers.

　　For the first time in history, the number of indicators on the ChiNext surpassed the Shanghai Composite Index, and the ChiNext Index is now at 3,559.95.

For the ninth consecutive trading day, the Shanghai and Shenzhen stock markets exceeded the trillion mark in turnover.

　　In terms of individual stocks, 2,484 individual stocks rose, of which Shanxi Coking Coal, Haier Zhijia, Haoyang shares and other stocks rose more than 5%.

1,717 individual stocks fell, of which Beijing Junzheng, Zhiyang Innovation, Hongquan IOT and other stocks fell more than 5%.

The total market value of CATL exceeds 1.3 trillion yuan, accounting for more than 15% of the weight of the ChiNext.

　　In terms of turnover rate, a total of 58 stocks have a turnover rate of more than 20%, of which N Tongda has the highest turnover rate, reaching 84.74%.

　　According to data from the China Foreign Exchange Trading Center, the central parity of the RMB against the US dollar rose 28 points to 6.4757.

　　The Shanghai Interbank Offered Rate (SHIBOR) reported overnight at 2.0500%, an increase of 11.0 basis points; the 7-day SHIBOR reported at 2.1930%, an increase of 3.0 basis points; the 3-month SHIBOR reported at 2.4230%, a decrease of 0.5 basis points.

　　As of the previous trading day, the Shanghai Stock Exchange’s financing balance was reported at 872.053 billion yuan, an increase of 5.241 billion yuan from the previous trading day. The securities lending balance was reported at 99.094 billion yuan, an increase of 1.312 billion yuan from the previous trading day; the Shenzhen Stock Exchange’s financing balance was reported at 772.50 billion yuan. , An increase of 3.744 billion yuan from the previous trading day, and the securities lending balance reported 60.882 billion yuan, an increase of 1.419 billion yuan from the previous trading day.

The balance of margin financing and securities lending in the two cities totaled 1804.529 billion yuan, an increase of 11.716 billion yuan over 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 5.716 billion yuan, of which the net inflow of Shanghai Stock Connect is 3.072 billion yuan, the balance of funds on the day is 48.928 billion yuan, and the net inflow of Shenzhen Stock Connect is 2.644 billion yuan. The balance was 49.356 billion yuan; the net inflow of southbound funds was 2.84 billion yuan, of which the Shanghai-Hong Kong Stock Connect net inflow was 3.126 billion yuan, the balance of funds on the day was 38.874 billion yuan, the net outflow of Shenzhen-Hong Kong Stock Connect was 283 million yuan, and the balance of funds on the day was 42.283 billion yuan.

　　Everbright Securities believes that the current turnover of the two cities has remained above one trillion for 7 consecutive trading days. Under this background, market risk appetite is difficult to dissipate. Therefore, there is a high probability of rotation between sectors. Investors are not recommended to adjust positions frequently. To exchange shares, just wait patiently for the rotation.

Strategically, benefiting from the benefits of RRR cuts, the index level is expected to gradually stabilize in the short-term, but we must be wary of the possibility of a rise and fall today. It is recommended that investors avoid chasing highs and focus on investments in semiconductors, new energy lithium batteries, non-ferrous metals, automobiles and other industries in the short term. Opportunities, the midline continues to pay attention to the rebound potential of low-value blue chip stocks.

　　CITIC Securities said that the current market is still in the stage of transition from a quiet period to a resonant upward period, and the market driving force is shifting from valuation to profitability.

Unexpected policy adjustments and intensified investor gaming may lead to a phased correction in the extreme differentiation of the market in mid-to-late July. However, under the consensus of “weak economy + strong liquidity”, the mid-term reporting season's high-prosperity growth manufacturing sector is expected to remain unchanged Dominate the 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.)