Sino-Singapore Jingwei Client, August 25. On Wednesday (25th), the two cities continued to rebound. The three major A-share indexes closed up slightly, resource stocks continued to heat up, coal and non-ferrous resource stocks were sought after, and the photovoltaic industry chain surged throughout the day , The sector staged a daily limit wave, lithium battery stocks continued to pick up, biodegradable plastic concept stocks rose in the afternoon, liquor, pharmaceuticals and other oversold consumption continued to rebound; major financial sector adjustments, semiconductor and military sectors fell.

The turnover of the two cities exceeded 1.3 trillion yuan, with more than 2,600 shares floating red.

  Screenshot source: iFinD

  As of the close, the Shanghai Composite Index rose 0.74% to 3,540.38 points.

The Shenzhen Component Index rose 0.23% to 14,697.50 points.

The GEM index rose 0.54% to 3,348.66 points.

  The ratio of all trading stocks in Shanghai and Shenzhen stocks was 2666:1637. The two stocks had a daily limit of 109 and a limit of 4.

  In terms of northbound funds, northbound funds bought 3.419 billion yuan throughout the day, which was a net purchase for three consecutive days. Among them, Shanghai Stock Connect net purchases were 2.486 billion yuan, and Shenzhen Stock Connect net purchases were 933 million yuan.

  In terms of individual stocks, today's daily limit shares are as follows: Huadong CNC (9.98%), Xin'an (10.01%), Hesheng Silicon (10.00%), Jingshan Light Machinery (10.02%), China Shipbuilding (10.01%).

  The lower limit shares are as follows: Zijiang Enterprise (-9.96%), Industrial Securities (-9.96%), Rongjie Shares (-10.00%).

  The top five stocks with turnover rate are: Huachen Equipment, Jinbaize, Guoanda, Yitong New Materials, and Golden Eagle Heavy Industry, which are 69.782%, 48.768%, 46.668%, 45.970%, and 44.725%, respectively.

  On the disk, organic silicon, coal, and HIT batteries were among the top gainers, and Hongmeng Concept, securities, and digital currencies were among the top decliners.

  The photovoltaic sector broke out across the board. Nearly ten stocks such as Jinbo, Qingyuan, JA Technology, and Jiaze New Energy had their daily limit, while stocks such as Haiyou New Materials and Trina Solar rose sharply.

  Aijian Securities pointed out that, compared with the large-scale continuous release of water in overseas markets, the A-share market lacks effective incremental funds, and is basically dominated by stock funds. Therefore, the market is more expressed as a structural market of sector rotation.

From a technical perspective, the stock index has rebounded gradually since May and regained its short-term and medium-term moving averages in late May. The trading volume has been significantly amplified and returned to the trillion level. The market activity has increased significantly, and the overall performance of the stock index has been relatively strong.

  Aijian Securities believes that this week’s ChiNext stock index stabilised and rebounded to boost market sentiment. As the stock index is still below its mid-term moving average, it has risen for two consecutive days this week, and the probability of a technical rebound is still high. Short-term stock indexes are expected. It will still oscillate broadly around the long-short boundary.

(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.)

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