Chinanews client, Beijing, July 26th (Reporter Xie Yiguan) On the 26th, the three major A-share stock indexes fell in a concussive manner. During the session, the Shanghai Index fell more than 3%, the Shenzhen Component Index fell more than 4%, and the ChiNext Index fell. Over 5%, the decline has narrowed afterwards.

  As of the close, the Shanghai Composite Index fell 2.34% to 3,467.44 points, falling below 3,500 points; Shenzhen Component Index fell 2.65% to 14,630.85 points; ChiNext Index fell 2.84% to 3371.23 points, falling below 3400 points.

Shanghai index daily chart.

  The net outflow of northbound funds throughout the day was 12.802 billion yuan, and the single-day net sales reached a new high in nearly a year. Among them, the net outflow of Shanghai Stock Connect funds was 5.65 billion yuan, and the net outflow of Shenzhen Stock Connect funds was 7.152 billion yuan.

Market trading continued to be active, with a full-day turnover of 1.4 trillion yuan in the two cities, which was higher than the previous trading day.

  On the disk, a total of 1131 stocks in the two cities rose, 54 stocks rose by the limit; 3265 stocks fell, and 59 stocks fell by the limit.

Industry sectors such as winemaking, healthcare, insurance, tourism, and the Internet were among the top decliners. Only the semiconductor, non-ferrous, and shipping sectors bucked the market.

  In terms of the concept sector, the concept of baijiu led the market with a drop of more than 6%. Among them, Jiuguijiu and Shuijingfang fell by the limit, Wuliangye fell by nearly 8%, and Kweichow Moutai fell by more than 5%.

On the 26th, many liquor stocks fell sharply.

  Education and training stocks also plummeted collectively.

Among them, Doushen Education, Kingshang shares, Xueda Education, and Onlly Education fell by more than 15%, Quantong Education fell by more than 15%, and Kede Education fell by more than 12%.

  "The short-term A-share market is facing the risk of overseas market fluctuations, the pains in the process of resolving stock risks in China, and the negative impact of changes in education, Internet and other regulatory policies." The difficulty of making money in the early hot spots has increased, and there may even be adjustment risks.

"

  Investment strategy Zhang Xia team believes that for some time to come, due to the fair economy and neutral liquidity, A-shares will still be based on structural market.

The policy thinking has become more and more clear, and funds continue to flow from non-policy-supported industries into many areas of China's superior manufacturing.

This situation will not change in the short term.

(Finish)