Sino-Singapore Jingwei Client, August 12th. The three major A-share indexes opened lower on the 12th. The Shanghai Index continued to adjust. The Shenzhen Component Index was relatively weaker. It once fell by more than 1% in early trading, and the ChiNext Index fell by more than 1.5%.
As of the noon close, the Shanghai Composite Index fell 0.12% to 3,528.27 points; the Shenzhen Component Index fell 0.56% to 14,936.35 points; the ChiNext Index fell 1.11% to 3,398.88 points.
GEM refers to the early trading trend Source: Wind
On the disk, the automotive sector led the gains near midday, with Dongfeng Motor’s daily limit, and Guangzhou Automobile Group rose by more than 9%; steel, nonferrous metals, port and shipping, semiconductor, petroleum, logistics and other sectors were among the top gainers.
Gold concept stocks were active, with Anzhong, Jingui Silver, Hunan Gold, Xin'an and other trading at their daily limit.
The military sector led the decline, with Hailanxin, Xinjingang, Hangfa Power, Guanglian Airlines, and AVIC Xifei.
The beverage manufacturing sector weakened. Hainan Yedao, Dongpeng Beverage, Shuijingfang, and Huangtai Liquor were all green; household appliances, biological products, real estate, and medical automobiles were among the top decliners.
Up to now, the ratio of all trading stocks in Shanghai and Shenzhen stocks has been 1986: 2230, with 58 stocks trading at a daily limit and 4 stocks trading at a daily limit.
In terms of individual stocks, the current daily limit shares are as follows: Kstar (10.00%), Zhaoxin shares (9.98%), Sifang shares (10.02%), Huayang shares (10.00%), Xingfa Group (9.99%).
The lower limit shares are as follows: Oriental Zhongke (-9.99%), Weilong shares (-9.99%), and Fengxing shares (-9.99%).
The top five stocks with turnover rate are: Zhongfu Circuit, Jiuqi, Longyuan Lithium, Valin Cable, and Yunzhong Technology, which are respectively 49.926%, 49.373%, 45.342%, 40.258%, and 39.308%.
In terms of northbound funds, the morning net inflow of northbound funds exceeded 1.5 billion yuan, including over 1.5 billion yuan in Shanghai Stock Connect and over 0 billion yuan in Shenzhen Stock Connect.
Regarding the market outlook, Centaline Securities said that after several consecutive days of restorative rebound, the Shanghai Stock Exchange Index once again returned to the sideways volatility range.
With the oversold rebound of core assets basically in place, it is expected that the stock index will continue to maintain turbulence and consolidation in the future.
In terms of operation, Centaline Securities recommends that investors make a balanced allocation, pay close attention to investment opportunities in related industries whose interim report performance exceeds expectations, and continue to pay attention to changes in policies and capital.
(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.)