Sino-Singapore Jingwei Client, August 31. On the last trading day of August, the three major A-share indexes opened up and down mixed, and then they diverged and weakened. The index once fell more than 2.5%.

The differentiation between the two cities continued in the afternoon, and the financial sector recovered in the afternoon. The rare earth, coal, and lithium mining sectors took advantage of the momentum to rise, and Baotou Steel and Northern Rare Earth had their daily limit.

  Flush iFinD screenshot

  The Shanghai Composite Index rose 0.45% to 3,543.94 points.

The Shenzhen Component Index fell 0.66% to 14,328.38 points.

The GEM index fell 1.76% to 3,214.12 points.

  On the disk, medical waste treatment, park development, coal mining and processing sectors led the two cities.

  Since this month, the coal sector has risen by more than 22%.

Nearly 90% of coal companies reported a year-on-year increase in net profits, of which 18 shares doubled year-on-year, and ST Antai, Meijin Energy, and Xinji Energy all increased their net profits by more than 10 times.

  As of the close, the ratio of all trading stocks in Shanghai and Shenzhen stocks was 2087:2265, with 107 daily limit and 28 daily limit.

  In terms of northbound funds, the net inflow of northbound funds exceeded 11.1 billion yuan throughout the day, including over 5.2 billion yuan in Shanghai Stock Connect and over 5.9 billion yuan in Shenzhen Stock Connect.

  In terms of individual stocks, today's daily limit shares are as follows: TBEA (10.00%), Yuntianhua (10.01%), China Shipbuilding (9.99%), Huadong CNC (10.04%), Baotou Steel (9.94%).

Northern Rare Earth's daily limit at the end of the trading session continued to hit a new high, with the main net inflow of 1.8 billion yuan, a cumulative increase of over 3.4 times this year.

  The lower limit shares are as follows: Zhongshun Jierou (-10.02%), Kehua Data (-10.01%), Quanzhu (-10.02%), Rijiu Optoelectronics (-10.00%), Shengtong (-10.01%) .

  The top five stocks with turnover rate are: Guoguang Electric, Tongniu Information, Guomai Culture, Jiangtian Chemical, and Hengerda, which are 78.857%, 66.254%, 57.638%, 46.712%, and 42.105%, respectively.

  Shanxi Securities believes that the division of the sector is serious, and it is recommended that investors appropriately control risks.

Yesterday, the two cities fluctuated sideways, and northbound funds flowed into the Shenzhen market. The turnover of the two cities was greatly enlarged and hit a new high in the year.

A large number of listed companies announced their interim results, and the overall price-earnings ratio of the market has declined. With the substantial increase in turnover, some underlying chips have become excessively concentrated. It is recommended that investors appropriately control risks. For high-level targets, they can reduce their positions on rallies, and they will be profitable if they intervene on dips. High-quality target for restoration.

In view of earnings expectations, the current overall valuation of A-shares is still at a low level, the technology industry continues to maintain a high growth rate, there is still room for recovery in consumer topics, the overall fundamentals of A-shares are strongly supported, and the index continues to fluctuate upwards for a long time.

(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.)