Sino-Singapore Jingwei, October 25th. On the morning of the 25th, the Shanghai Stock Exchange Index opened lower and fluctuated higher; the ChiNext Index maintained its strength, rising by more than 1.5%.

  As of the midday close, the Shanghai Composite Index rose 0.38% to 3,596.06 points; the Shenzhen Component Index rose 0.38% to 14,547.46 points; the ChiNext Index rose 1.53% to 3,355.30 points.

  Source of early trading trend of the Shanghai stock index: Wind

  On the disk, the education sector led the decline, Tuowei Information’s intraday limit, entrepreneurial dark horse, Kede Education, Xueda Education, etc. all went green; real estate stocks were among the top decliners, Beijing Investment Development’s intraday limit, the first shares, Jinbin Development, Jinke shares fell; the airport shipping, brokerage, beverage manufacturing and other sectors fell more than 1% overall.

  Coal stocks were active, Tongyuan Petroleum rose more than 13%; gas, electric power, automobile, environmental protection, steel and other sectors were among the top gainers.

  Up to now, the ratio of all trading stocks in Shanghai and Shenzhen stocks is 2072:2292. There are 53 daily limit and 6 daily limit. 

  In terms of individual stocks, the current daily limit shares are as follows: China Power Construction (9.99%), Yongtai Technology (10.00%), Igor (9.99%), China Baoan (10.02%), Sifang (9.98%).

  The top five stocks with turnover rate are: Kelda, Yum Smart, Shenling Environment, Yanpai Shares, and Shaoyang Hydraulics, which are 52.135%, 40.477%, 36.112%, 31.528%, and 29.004%, respectively.

  In terms of northbound funds, the morning net inflow of northbound funds exceeded 2.8 billion yuan, including over 2.4 billion yuan in Shanghai Stock Connect and over 400 million yuan in Shenzhen Stock Connect.

  According to Shen Wan Hongyuan's analysis, it is still advisable to maintain a long-term approach. Due to the obvious differentiation of the sector and the coexistence of structural opportunities and risks, short-term positions need to increase the risk awareness of the differences in the operating rhythm of the sector, grasp the market characteristics of high and low switching, and avoid excessive chasing ups and downs.

  Essence Securities said that the current market recession is coming to an end in terms of space, and there is not much room for further downside. The current market is still in a period of time, and the structure of asset shortage is still a medium-term trend.

With the rapid fall in commodity prices represented by coal and steel, and the continuous transmission of price increases to the downstream, the profitability of the middle and downstream links is ushering in a marginal improvement.

The main line of the A-share market is expected to change from the early high prosperity (Ning portfolio) + upstream (cycle) to high prosperity (Ning portfolio) + downstream (consumption).

(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.)