A shares receive dividends: the Shanghai stock index rose 0.42%, education stocks, semiconductors, etc. were active

　　Sino-Singapore Jingwei, October 13th. On Wednesday, the two markets gradually rebounded in the afternoon. The Shanghai Stock Exchange Index successfully turned red, and the ChiNext Index rose more than 2%.

Liquor, bank, and brokerage sectors rose; the two cities shrank significantly, with a turnover of less than 890 billion yuan.

　　Source: Flush iFinD

　　As of the close, A shares closed up collectively, and the Shanghai Composite Index rose 0.42% to 3,561.76 points.

The Shenzhen Component Index rose 1.54% to 14,353.08 points.

The GEM index rose 2.29% to 3,210.16 points.

　　Education stocks were strong throughout the day, with sectors such as new energy vehicles, photovoltaics, and lithium batteries rebounding, and technological directions such as semiconductors also picked up.

Resource sectors such as oil and gas, natural gas, coal, and electricity fell sharply, and individual stocks fell to the limit in batches.

On the board, sectors such as education, HIT battery, beverage manufacturing, and complete automobiles saw the top gains, while sectors such as oil and gas exploration, coal, gas, and electricity were the top decliners.

　　In terms of individual stocks, the daily limit shares are as follows: Zhongbing Red Arrow (10.02%), Zhonggong Education (10.04%), Yongtai Technology (10.00%), Tianyin Holdings (10.01%), JA Solar Technology (10.01%).

　　The lower limit shares are as follows: Changchun Gas (-10.05%), Gansu Power Investment (-9.97%), China Coal Energy (-10.00%), Shanghai Energy (-9.98%), Silver Star Energy (-9.98%).

　　The top five stocks with turnover rate are: Xinzhonggang, Shuyu People, Hangzhou Thermal Power, Sovereign Hotel, and Xinchai, which are 78.889%, 59.779%, 49.382%, 45.728%, and 45.198%, respectively.

　　East Asia Qianhai Securities believes that overall, after the valuation callback, the allocation value of the liquor sector has become prominent, and the performance of high-end liquor companies is particularly promising.

After the previous valuation callback, the liquor companies in the liquor sector are basically in a relatively reasonable valuation range, while the valuation of high-end liquor companies is more cost-effective.

　　According to the analysis of Bohai Securities Research Report, with the gradual disclosure of the three quarterly reports in the future, the base disturbing factors may be eliminated.

From the monthly data, it is believed that liquor is still running in the business cycle and the high-end liquor business cycle may be prolonged due to price control.

In terms of sub-categories, it is still recommended to pay attention to high-end liquors whose valuation tends to be reasonable, to exchange time for space, and to pay attention to the sub-high end of the market that accelerates expansion.

　　In addition, Soochow Securities said that vocational education and higher education are currently subdivided tracks in the education industry that are less risky by policies, and are encouraged by policies.

Vocational education will also usher in a period of rapid development. In the future, there may be more favorable policies and industry valuations are also expected to be restored.

(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.)