Sino-Singapore Jingwei Client September 10th. On the 10th, the three major A-share stock indexes closed up collectively. The Shanghai Stock Index "Five Lianyang" stood at 3,700 points, a new high in more than half a year. It was only one step away from the highest point of the year. Closed to a new high in the past six years.
The Shanghai Composite Index rose 0.27% to 3,703.11 points.
The Shenzhen Component Index rose 0.50% to 14,771.87 points.
The GEM index rose 0.31% to 3,322.01 points.
The turnover of the two cities exceeded one trillion for the 38th consecutive trading day.
On the disk, the semiconductor, electrical equipment, banking, tourism, wine and other sectors led the two markets.
The coal, shipbuilding, petroleum, steel, power and other sectors were among the top decliners.
As of the close, the ratio of all trading stocks in the Shanghai and Shenzhen stock markets was 1462: 2925, with 69 daily limit and 3 daily limit.
In terms of northbound funds, the net inflow of northbound funds exceeded 7.8 billion yuan throughout the day, including over 2.5 billion yuan in Shanghai Stock Connect and 5.2 billion yuan in Shenzhen Stock Connect.
In terms of individual stocks, today's daily limit stocks are as follows: Yongtai Technology (10.00%), Chlor-Alkali Chemicals (9.99%), Yanan Bikang (10.02%), Jiangte Electric (9.98%), Zhongying Electronics (20.00%).
The lower limit shares are as follows: Tailong Pharmaceutical (-10.04%), Zhongman Petroleum (-9.99%).
The top five stocks with turnover rate are: Guoli, Huilong New Materials, COFCO Engineering, Shanghai Yizhong, and Ruifeng Bank, respectively 88.302%, 62.702%, 50.473%, 43.204%, 42.241%.
Shanxi Securities believes that after the inflection point of net profit growth, listed banks ushered in an inflection point in operating income in the second quarter, and their performance broke out in an all-round way.
Loan repricing is coming to an end, but the interest rate requirement is still facing certain pressure on the asset-side yield, but the margin is reduced. With the reform of the deposit pricing mechanism on the liability side, it is expected that the cost will be reduced, and the net interest margin will stabilize and rise. Promote the stability of net interest income The growth benefited from the increase in fee income from wealth management and investment banking business brought about by the active capital market to promote non-interest income.
At the same time, after the significant provision for impairment in 2020, the non-performing assets continue to be cleared, the potential for non-performing assets is low, and the strict standards for the recognition of non-performing assets form a guarantee for asset quality.
The current valuation of the banking sector is relatively low, but the differentiation is obvious. It is recommended to pay attention to three main-line high-quality banks: one is the big banks with low valuation, complete branch layout, and obvious advantages on the debt side; High-quality banks with growth drivers; third, regional urban and rural commercial banks with strong regional economic strength, clear strategies, and rapid development.
Jufeng Investment Advisor believes that the current macro environment does not support the overall rise of A shares, and there are structural opportunities in the market.
After the interim report, the valuation restoration market continued, and cyclical stocks, oversold stocks, undervalued stocks, and theme stocks performed in turn.
Recently, the market volume has continued to be high, and the cyclical stock market has recently overheated and is expected to undergo adjustment; today, as the cyclical stocks are adjusted, the semiconductor sector rebounded.
The current market rotation is obvious, and the new main line is not yet clear. It is recommended that investors balance their allocation and seek trading opportunities in low-valued sectors and oversold technology stocks in the short term.
(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.)