Sino-Singapore Jingwei Client, July 30th. On the morning of the 30th, the Shanghai Stock Exchange Index opened lower and maintained its low position; the GEM index fell the most intraday by more than 1%, and it stabilized and turned up near midday.
As of the noon close, the Shanghai Composite Index fell 0.53% to 3,393.60 points; the Shenzhen Component Index fell 0.48% to 14,445.14 points; the ChiNext Index fell 0.32% to 3,438.62 points.
Source of the Shanghai Index in early trading: Wind
On the disk, the steel sector led the gains, Xining Special Steel's daily limit, Maanshan Iron & Steel, Shougang, Valin Steel, etc. followed up; power, coal, new materials, semiconductors, automobiles, non-ferrous metals and other sectors collectively rose by more than 1%.
Hongmeng concept stocks strengthened, with Jiulian Technology’s 20% daily limit, Runhe Software, Monternet Technology, Chipsea Technology, etc. followed up; HIT battery, photoresist, charging pile, photovoltaic and other concept stocks were active.
The beverage manufacturing sector fell, with Shanxi Fenjiu, Shuijingfang, Jiuguijiu, and Yingjia Gongjiu leading the decline; the airport shipping, brokerage, medical equipment, and banking sectors were the leading decliners.
Up to now, the ratio of all trading stocks in Shanghai and Shenzhen stocks is 2407:1869, with 72 daily limit and 13 daily limit.
The current daily limit shares are as follows: Baichuan shares (9.98%), Shangneng Electric (20.00%), Jiangte Electric (9.99%), Kstar (10.01%), Shenghong shares (20.01%).
The top five stocks with turnover rate are: Reading Culture, Tianwei Electronics, Zhengyuan Dixin, Haixing Shares, and Huayi Technology, which are 55.298%, 52.281%, 48.118%, 45.843%, and 43.758%, respectively.
In terms of northbound funds, the morning net inflow of northbound funds exceeded 400 million yuan, of which the inflow of Shanghai Stock Connect exceeded 1 billion, and the outflow of Shenzhen Stock Connect exceeded 600 million.
Galaxy Securities believes that the recent market decline is mainly due to the implementation of some policy control measures, which has led to intensified market concerns.
However, Tianfeng Securities reminded that some other policy expectations are too pessimistic, and the short-term decline is too large, but the direction of the prosperity is still good, such as some new consumer areas, which may bring opportunities for repair after the wrong killing.
(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.)