Sino-Singapore Jingwei Client, July 28. On Wednesday, the Shanghai Stock Exchange Index closed down 0.58% in a weak shock, the ChiNext Index rose 1.61%, and 3,432 stocks in the two markets fell. The turnover exceeded one trillion yuan for the sixth consecutive trading day.

  Source: Flush iFinD

  As of the close, the Shanghai Composite Index fell 0.58% to 3,361.59 points.

The Shenzhen Component Index fell 0.05% to 14,086.42 points.

The GEM index rose 1.61% to 3284.92 points.

  On the disk, only the healthcare, wine, and banking sectors were popular; aviation, shipping, semiconductors, software services, and non-ferrous metals fell in the lead.

  The medical sector was active and closed up 1.62%. Bohui Innovation, Mingde Biotechnology, Zhengchuan shares, ST Yunsheng, etc. rose at the daily limit, Kangtai Medical, Dean Diagnostics, and BGI Gene followed the rise.

  In the concept sector, CRO concept, new crown detection, infant and child concept, and genetic concept have the largest gains; Hongmeng concept, drones, seed industry, gallium nitride, and satellite navigation have the largest declines.

  Hongmeng Concept weakened, falling by more than 5%, Runhe Software, Siteqi, and ArcherMind Technology fell by more than 10%, Beixinyuan, Chipsea Technology, etc. fell, and Jianghuai Automobile, Chinasoft Technology, etc. bucked the market and rose.

  What needs to be mentioned is that Kweichow Moutai once fell below the 1,700 yuan mark in early trading on the 28th, and then quickly rebounded, closing up 3.27%.

Ningde Times once rose more than 7% in early trading, then fell back and closed up 6.07%.

  The top five stocks with turnover rate are: Wei Saibo, Yonghe shares, Runfeng shares, Shijing Technology, and Hope shares, respectively 89.598%, 78.043%, 56.825%, 55.295%, 49.479%.

  Kaiyuan Securities said that in the future market adjustment process, investors will gradually complete structural switching and begin to embrace cyclical stocks with long-term logic and better current profitability and cash flow levels.

This may be the market's best balance between current and future assets after considering the valuation level and transaction structure.

Investors need not be overly pessimistic. It is a better choice to adjust the structure.

  Guotai Junan believes that the sharp drop is unsustainable and the index will gradually stabilize.

The market's decline was mainly affected by short-term factors.

In addition, the recent accelerated transfer of funds from large consumption to technological growth has increased short-term market volatility, and the impact of multiple factors has led to a market correction.

However, the impact of these factors is relatively short-term. After short-term disturbances, the index will gradually stabilize, the market's mid-term positive trend will remain unchanged, and the macroeconomic, policy, and capital directions that determine the mid-term trend of the market remain unchanged.

(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.)

Keywords: