Sino-Singapore Jingwei Client, August 13th. On the morning of the 13th, the A-shares opened collectively lower. The Shanghai Composite Index fell 0.29% to 3,514.47 points; the Shenzhen Component Index fell 0.42% to 14,839.51 points; the ChiNext Index fell 0.77% to 3,360.52 point.
Shanghai and Shenzhen market opening performance source: Wind
On the disk, the semiconductor sector led the decline, followed by the automotive, steel, petroleum, new chemical materials, non-ferrous metals, communications equipment, and aquaculture sectors.
Concepts such as titanium dioxide and electronic cigarettes are active.
In terms of individual stocks, the ratio of all trading stocks in the Shanghai and Shenzhen stock exchanges was 1273: 2241, with 8 daily limit and 1 down limit.
Ningde Times opened 4.38% lower. The stock announced yesterday evening that the total planned additional fundraising would not exceed 58.2 billion; CITIC Securities Research reported that Ningde Times is expected to fully enjoy the explosive growth of the industry, with high growth certainty, long-term investment value, and maintaining the target price. 754 yuan/share.
As of August 12, the margin of margin trading in Shanghai and Shenzhen stocks was 1.86 trillion yuan.
The balance of financing on that day was 1.69 trillion yuan, an increase of 6.861 billion yuan from the previous trading day; the balance of securities lending that day was 165.125 billion yuan, an increase of 531 million yuan from the previous trading day.
Shanxi Securities analysts believe that since this month, the market style has changed in line with expectations. It is expected that the theme rotation pattern will continue in the future. The short-term market main line is relatively fuzzy and the market divergence is large. Investors are advised to look at the long-term. The industry continues to maintain a high growth rate, and there is still room for recovery in consumer themes. The overall fundamentals of A-shares are strongly supported, and the index continues to fluctuate upwards for a long time.
Soochow Securities said that the market is still repairing the extreme market conditions in the early stage, and the market outlook should focus on traditional undervalued industries, and repair opportunities stimulated by the increase in industrial capital holdings or the repurchase of major shareholders.
For blue chips with low valuations, it is still recommended to take a rebound view. To further strengthen the market outlook, performance needs to be boosted, triggering fundamental improvement. The current mainstream institutions' views are still digging in the direction of growth, such as national defense, military industry, and energy storage equipment.
(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.)