A-share "recovery", the index soared more than 5%!

Semiconductor sector carnival, over 3,600 shares rose in the two cities

  Sino-Singapore Jingwei Client, July 29. On Thursday, the A-share market rebounded sharply. The Shanghai Index closed up 1.49%, ending a four-day losing streak; the ChiNext Index surged more than 5%, and the closing point surpassed the Shanghai Index for the first time.

Themed stocks blossomed more, with semiconductors, lithium batteries, and photovoltaics leading the rise.

The turnover of the two cities exceeded one trillion for 7 consecutive days.

  Source: Wind

  As of the close, the Shanghai stock index rose 1.49% to 3,411.72 points.

The Shenzhen Component Index rose 3.04% to 14,515.32 points.

The GEM index rose 5.32% to 3,459.72 points.

There were 3,662 stocks in the two cities.

  Most of the industry sectors were popular, with semiconductors, mineral products, components, electrical equipment, and industrial machinery leading the rise; brewing, banking, hotels and catering, insurance, and transportation services were leading the decline.

  On the 29th, the semiconductor sector carnival, closing up 7.15%, of which, National Technology, Research New Materials, Kangqiang Electronics, Zhonghuan shares and other daily limit; Changfang Group, Chipsea Technology, Fullhan Micro, Guoke Micro, Liyang Chip , Kangqiang Electronics and other stocks rose more than 10%.

  In terms of the concept sector, lithography, energy storage, MCU chips, fluorine concepts, and gallium nitride were among the top gainers; only GDR and liquor concepts fell.

  Xinhua News Agency issued a rare article on the evening of July 28, stating that the Chinese stock market has experienced relatively large volatility recently, and there is a certain degree of concern in the market.

After in-depth analysis of several issues that the current market is concerned about, it is not difficult to conclude that the fundamentals of China's sustained economic improvement have not changed, the pace of China's reform and opening up remains firm, and the foundation for the development of China's capital market remains solid.

  The article also mentioned that whether it is for the platform economy or off-campus training institutions, these regulatory policies are important measures to promote the standardized and healthy development of the industry, maintain network data security, and protect the livelihood of the society. They are not restricted and suppressed for related industries. It is conducive to the long-term economic and social development.

  Regarding the trend of A-shares, the Centaline Securities Research Report believes that after the short-term rapid decline in the market, the market has basically digested the short-term negative factors in the near future. It is more likely that the stock index will maintain a small consolidation in the future. It is recommended that investors continue to pay attention to the policy and funding aspects. The change situation.

It is expected that the Shanghai stock index is likely to fluctuate slightly in the short-term, and the ChiNext market is likely to consolidate in a short-term.

  According to the analysis of Shanxi Securities, combined with consensus expectations, after the continuous sharp decline, the relative position of the overall market price-earnings ratio and expected ROE is similar to that of the epidemic last year, and the valuation and point positions are in a reasonable position.

In the medium term, the technology industry continues to maintain a high growth rate, and the overall fundamentals of A-shares are strongly supported.

(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: