The Shanghai stock index rose 1% in half a day and returned to 3,500 points, led by the oil and mining sector

　　China-Singapore Jingwei Client, August 24, the three major indexes opened slightly higher, and the index rose more than 1%. As of the close of noon on August 24, the three major indexes collectively closed up.

The Shanghai Composite Index rose 1.00% to 3,51.97 points.

The Shenzhen Component Index rose 0.86% to 14,660.36 points.

The GEM index rose 1.47% to 3,342.28 points.

　　On the disk, oil and mining, gas and water, and propylene oxide sectors led the two markets.

The national defense and military industry, large aircraft, and general aviation sectors were among the top decliners.

　　Up to now, the ratio of all trading stocks in Shanghai and Shenzhen stocks is 2148:2109, with 67 daily limit and 5 daily limit.

　　In terms of northbound funds, the net inflow of northbound funds in the morning exceeded 5.2 billion yuan, including over 4.3 billion yuan in Shanghai Stock Connect and over 900 million yuan in Shenzhen Stock Connect.

　　In terms of individual stocks, the current daily limit shares are as follows: Haitian Precision (9.99%), Huachen Equipment (20.00%), Huadong CNC (9.99%), Qinchuan Machine Tool (10.03%), Jinmo (9.97%).

　　The lower limit shares are as follows: Huarong Holdings (-9.97%), China Telecom (-10.00%).

　　The top five stocks with turnover rate are: Raiden Weili, Chunhui Intelligent Control, Hengda, Chaoyue Technology, and Jinbaize, which are 58.481%, 47.787%, 45.820%, 44.006%, and 38.016%, respectively.

　　Wanhe Securities Research Report stated that the market is highly sensitive and maintain proper adherence.

I have previously emphasized that the current market as a whole maintains a turbulent trend and faces three problems. One is economic growth; the other is liquidity; and the third is policy. Any change in any point may bring emotional fluctuations to the market.

The current market will continue to maintain a volatile trend, and the sector will rotate relatively quickly. Under this circumstance, stick to it appropriately or a better choice, and continue to pay attention to high-prosperity growth stocks.

The industry can focus on machinery and equipment, medical biology, and electronics.

(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.)